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Home Lifestyle

Key Benefits of Italy Golden Visa

Bidisha Dey by Bidisha Dey
July 6, 2023
in Lifestyle
Reading Time: 4 mins read
0
Key Benefits of Italy Golden Visa

Italy is a comfortable country to live in, which has exceptional popularity. Its many advantages include: 

  • advantageous location; 
  • excellent living conditions; 
  • many interesting sights.

All this attracts many tourists and people who want to stay in this country permanently. They have many new opportunities. As noted by the agency Immigrant Invest Zlata Erlach expert, using the Italy Golden Visa, they can get all the necessary rights in a few months. 

Table of Contents

Toggle
  • About the Program
  • Main Advantages
    • Benefit 1: Freedom of Movement
    • Benefit 2: Access to Italian and EU Markets
    • Benefit 3: Quality of Life
    • Benefit 4: Pathway to Citizenship
    • Benefit 5: Tax Incentives
  • Conclusion

About the Program

The initiative we are talking about dates back to 2017. Its goal is to facilitate generous foreign investments and help non-European Union citizens obtain the right to reside in Italy if they contribute large sums to support its economic well-being. 

Today, the project helps many wealthy people to naturalize in Europe and make a significant contribution to economic prosperity. Some of the subsequent changes to the program have been significant improvements in the application process.

Basic bureaucratic procedures have been shortened, and obtaining it has become more convenient. Now the document’s term is 2 years, but if necessary, it can be extended for several more years.   

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Main Advantages

Main Advantages

According to Zlata Erlach, an expert of the Immigrant Invest agency, the rules for obtaining the right of permanent residence in Italy are the most appropriate for holders of large capital who want to live in one of the best, the most picturesque and comfortable countries of the EU in the heart of Europe.   

More and more investors and expatriates today are interested in how to get Italy Golden Visa? Its attractiveness gives the opportunity to invest more money in the country’s economy and receive many benefits and privileges from it. It is especially useful for investors living outside the euro zone.

Thanks to the favorable conditions, spouses, as well as those who are dependents, can now quickly obtain Italian citizenship. A special list of the main Italy Golden visa benefits is available for them and other readers: 

Benefit 1: Freedom of Movement

Holders of the document will have the right to visa-free travel throughout the European Union. They will not need any additional permits for movement within the European Union. This freedom of movement is particularly beneficial to fans of active recreation and travelers who enjoy new impressions and knowledge of different countries. 

Benefit 2: Access to Italian and EU Markets

All those who wish to obtain advantages of Italy residence can enjoy full access to national and international markets. They enjoy more favorable conditions for trading and doing business. 

Benefit 3: Quality of Life

Residents of Italy can enjoy all the pleasures of life in this country. They can live, work and study on a par with Italian citizens. Social security and rights offer them security for the future.   

Benefit 4: Pathway to Citizenship

The program provides participants with a faster and easier path to citizenship. Holders of investor visas are able to have all the rights of citizenship after 10 years. 

Benefit 5: Tax Incentives

All visa holders can take advantage of generous benefits, staying in Italy and paying taxes, being foreigners in this state. The amount of payments in this case will be significantly lower than for those who do not have such a visa permit. This way, this law creates a favorable environment for the development of any business. 

Conclusion

Lately Italy has been particularly attractive to couples who own investments and want to quickly get the opportunity to live in this country without any legal restrictions. Some of the most important pros of Italian golden visa is that after a five-year stay in the country, applicants can significantly expand their rights.

They get the same opportunities as citizens, including the right to live and work in any other state of the European Union without the need to purchase an additional visa. 

If you decide to get a visa from this country, then it is worth remembering that the process can be quite difficult, as you need to go through many stages.

Making the relevant papers requires a lot of time and effort, therefore it is better to entrust such a matter to specialists. Experienced employees know all the subtleties and nuances that allow you to resolve any issues as quickly as possible.

Also read: Key Advantages of Portugal Golden Visa Program

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Bidisha Dey

Bidisha Dey

Self-Starter and have been writing for various beauty hacks, lifestyle, mixed-bag and travel blogs. Having profound knowledge in creating SEO optimized content, and always open to an experiment!

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