Entrepreneurs with a global vision thrive on challenges because setting up a business overseas is daunting. But choosing the right destination takes you halfway with your goals. Italy is among the hottest favorite destinations for startup enthusiasts looking to make it big overseas. The country has a booming market, easy tax and regulatory norms, and ample growth prospects. The immigration part is a breeze as you can do it quickly and easily with an Italian investor visa. If you wish to know this immigration route better, here you can read everything about the Investor Visa for Italy in detail. It makes an ideal choice for entrepreneurs for more than one reason. Let us explain these in detail.
Fast process that closes within months
Immigration is perhaps one of the most stressful aspects of establishing a global business. The last thing you want to encounter is an endless wait in long queues for immigration. Thankfully, the Italian investor visa has a fast process that often closes within months. You can start with an online application for a certificate of no impediment (nulla osta), and it comes within 30 days. The second step is to apply for the investor visa at your local consulate.
Multiple investment options
An investment of millions may be out of the question for a budding entrepreneur. But the investor visa is about buying a residence, and you can expect to shell out a massive sum. Luckily, the Italian investor visa gives you the option to get in with only €250,000 as an investment in a startup. You can provide €500,000 to a running company, donate €1 million to a welfare project, or purchase €2 million worth of Italian bonds. The choice boils down to your financial readiness.
Security of funds
The last thing you have to stress about with the Italian investor visa is the security of your money. You need not spend anything until the completion of the process and getting your residence permit. Meanwhile, a bank statement as proof of legit funds is the only thing you have to provide. The real money has to come within three months of getting your residence permit.
Immense growth avenues
The Italian investor visa is a wise choice for entrepreneurs because it opens immense growth avenues for their startups. In fact, becoming a resident of Italy enables you to travel visa-free in the EU region. You can prospect markets, meet potential clients, and participate in trade shows to propagate your business in the entire Schengen region. There couldn’t be a better way to achieve global status.
Most importantly, the Italian investor visa opens up the long-term prospects of living in Italy as a citizen. You can renew your temporary residence status to a permanent one after staying for five years. A total of ten years in the country entitles you to citizenship rights via naturalization. All you need to do is hold your investment in Italy for the entire decade.
Another reason to leverage the investor visa for your entrepreneurial venture is that you can easily get assistance for the process. These experts can help you speed up immigration while you handle the other aspects of your startup vision.
Sara Andrew is a professional content writer specializing in business and immigration content. She holds the experience of 4+ years and aims to impart information about the latest business and immigration trends to help budding entrepreneurs set up their ventures with ease.