Italy is a preferred dual citizenship destination for Americans looking to start afresh abroad. While the country offers citizenship by descent, immigration, and naturalization, you may qualify for none of them. There is nothing you can do about your bloodline, and you cannot marry for eligibility. Naturalization is a decade-long process too. But you need not give up on your immigration dream because an investment visa can give you a start in the country. If you want to know more about this option, here there’s a detailed explanation by Bersani Law Firm you can access for more information. Let us explain the facts that make it a good choice for a second-passport aspirant.
You only need investment to qualify
The eligibility for an investment visa depends on your ability to invest in Italy, making it the simplest way to get in. The Italian Golden Visa covers people with high net worth and the intention to make a long-term investment in the country. Here are the investment options that make you eligible for the route:
- Buying government bonds worth 2 million euros
- A philanthropic donation of 1 million euros in the field of education, culture, heritage, scientific research, or immigration management
- Investing €250,000 in an innovative startup
- Investing €500,000 in a company incorporated in Italy
The investment should be in a single entity to be valid. Further, you must have a clean criminal record, and the funds should be legal and in your name.
Short and simple steps
Another good thing about the investment visa is that the process is short and simple. You need to start with an application for a nulla osta (certificate of no hindrance). It is an online application, and you can expect a decision within 30 days. Once you have the certificate, you can apply for the investor visa at your local consulate. You can complete the process within six months, the validity period of nulla osta. If your documents are in place, you get the investor visa right away. The two-year visa allows you to land in Italy, where you have to get a residency permit and invest the promised amount after the completion of formalities.
The process gives you a start with citizenship
The investment visa works as your golden ticket to Italian citizenship as you can live and work here as long as you hold the investment in the country. You can renew it before the expiry of the validity period of two years. The subsequent renewal is valid for three years, after which you can get long-term residency. You can renew until you complete ten years in the country. At this point, you become eligible for citizenship by naturalization and can apply for it. You can avail of the services of a citizenship expert to complete the process and become an Italian citizen.
An investment visa is the fastest and easiest to access and sets you on the road to citizenship. You can use it to start your immigration journey even if you cannot claim through the other popular route.
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