Government discretion plays a large role in application appraisals, and without the help of an expert Italian immigration lawyer, the risk of rejection can be high. This means, even the non-EU nationals who are exempt from holding a Schenegn visa to Italy must obtain an Elective Residence Visa (and any other type of long-stay visa). These funds cannot come from active work while you are in Italy, but rather from savings, investments, or pensions. If you would like to enquire about our services please send an email to: immigration@oliverpartners.it The Italian Elective Residence visa (Residenza Elettiva) is for non-EU nationals who wish to reside permanently in Italy and are able to support themselves autonomously without the need of employment.The applicant for an Elective Residence visa is not permitted to work or seek … They will give you a receipt and an appointment for the next phase of the. Demand for the Italian Elective Residence Visa Program has increased exponentially since 2019, however: Over 2,500 independently submitted applications are rejected every month; Over 93% of independent applications are submitted incompletely or incorrectly. Once you have lived in Italy with a temporary residence permit for at least five years, you become eligible to apply for a permanent residence permit. Italian retirement visa (Elective Residency Visa) is mostly used by foreign nationals who wish to retire in Italy – and have the financial means to support themselves without carrying out any working activity. This article is a guide on how non-EU nationals can retire to Italy, or otherwise move there permanently without working. Individuals travelling to Italy with the purpose of Elective Residence can apply for National Visa. You have to apply for a residence permit for Italy regardless of the reason you want to live there, like work or study. Applying for Elective Residence Visa Although they need to be double-checked each time with the relevant Consulate in country of residence, all applications for this type of visa generally require the following documents: Passport or official travel document valid for at least 3 months beyond the validity date of the visa requested. After having held Elective Residency status for a period of 5 years, you may become eligible to apply for permanent Italian residency. Do the job from any device and share docs by email or fax. Among the requirements to fulfill in order to obtain an elective residence visa is to have health insurance worth 30,000 euros. Download, complete, and sign the Italy Long-Stay Visa Application Form. If your country does not have an Italian embassy or consulate, you can submit the application at the embassy/consulate of the other Schengen country that Italy has outsourced visa submissions to, or a Visa Application Center. This category is restricted to applicants who have already bought a real estate in Italy under their name. Please note that applicants applying for a Elective Residence visa are required to provide documents according to this category. This means that if you apply for an Italian Elective Residency Visa, you cannot take up any sort of work in Italy. It is therefore of paramount importance to ensure that one’s application and supporting documentation conform to the exact requirements and technical specifications. Your residence permit will be issued for one to two years, after which you have the opportunity to renew it. Who Needs an Italy Elective Residence Visa to Retire in Italy? The Elective Residence Visa Italy (residenza elettiva in italian language)allows entry into Italy for an open long-term visit to foreigners who intend to relocate to Italy and who are able to do so by financially supporting themselves autonomously, without the need for employment. I leave for Italy next month. It is therefore highly advisable that individuals wishing to apply for elective residency work closely with a seasoned Italian immigration law firm to ensure the best chances of success. Residence-by-Investment Overview. Italian Elective Residence Visa. Often referred to as the Italian Retirement Visa; the Elective Residency Visa (residenza elettiva), is mostly used by foreign nationals (Non- EU) who wish to retire in Italy – and have the financial means to support themselves without carrying out any working activity. Existing financial resources (liquid capital assets, savings, etc.) This type of visa is generally used by foreigners who are retired and can collect income from a retirement or pension plan. For each dependent child being added to the application, the minimum required amount increases by 20%. The Italian elective residency visa is a type of Italian long-stay visa. 13 attachment A), it is possible to issue national visas for elective residence to those intending to settle in Italy and who are able to support themselves autonomously. 4. The visa is annually renewable, provided that your financial situation has not changed, and that you still meet all of the program’s minimum requirements. The Italy Residence-by-Investment Program is designed for foreign investors who are committed to making a significant contribution to the country’s economy, granting them Italian residence and visa-free access to Europe’s Schengen Area. The requirements for an Italy Elective Residence Visa are: Just like with other types of Italian visas, you have to apply for it at the Italian embassy or consulate in your home country. The elective residence visa is intended for foreigners who wants to live in Italy without an employment contract. Elective Residency Visa for Italy If you are visiting Italy for a longer period, and can afford to live there without working, you may want to apply for a Visto per Residenza Elettiva o Dimora, or Elective Residence Visa. Boasting years of experience in the facilitation of Elective Residency applications, they can help you avoid all the potential pitfalls and ensure that your application is as fast and seamless as possible. Make your application at the post office (same place you’ll get your application “kit”, unless you work through a free service provided by some unions), and that’s where your appointment with the questura will be made. Book an appointment at the Italian embassy or consulate in your country which is responsible for your jurisdiction. On the date of your appointment, show up in person and on time, holding all the required documents. When you submit an application for an Italy Elective Residency Visa, you must have a set of documents proving you are eligible to receive it. You could qualify for Italian residency via the relatively unknown Elective Residence … The elective residence permit does not allow to perform any type of work in Italy, and to get it you will need to apply directly at the competent Italian diplomatic mission, showing an annual income of at least € 30,000.00 and the availability of a suitable accommodation in Italy. governmental discretion can play a major role in this process, no singular body of authoritative government guidance. Please leave this field empty. The Elective Residence Visa is generally issued for a period of 12 months, although it has in some historical instances been issued for an initial period of 48 months. Get the residence permit application kit from a local post office where you will live. Complete the application kit, and submit it (along with photocopies all the required documents) back at the post office. This is called an Elective Residency Visa (residenza elettiva), and it is mostly used by foreign nationals who wish to retire in Italy – and have the financial means to do so. The Elective Residency Program Ideally suited to non-EEA nationals who rely on passive income and don’t need to work to support themselves and their dependent family members. Your Name (required), Your Passport - Issuing Country (required), Your Spouse's Passport - Issuing Country (required), What is your passive income per month (in euro?) And retiring in Italy is made not only possible, but easier, through the Italian Elective Residency Visa. ITALY ELECTIVE RESIDENCE VISA PROGRRAM: Earn a regular passive income of more than €3,160 per month from annuities, pension, royalties or rental income? The Elective Residency Visa allows to a third-country national who is able to maintain itself autonomously, to stay in Italy without work. The Italian Elective Residence Visa is for foreigners – retired persons, persons with high self-sustaining incomes and financial assets – who have chosen Italy as the country of permanent residence and who are able to support themselves autonomously.. from online affiliate marketing, may be appraised by the Italian authorities on a case by case basis. However, they also need to attach their Entry Visa (visto d’ingresso) when requested by Italian authorities in case there are no specific international bilateral agreements between Italy and your country. The Elective residence Visa Italy can be applied for by any person who may wish to travel to Italy and has financial means. Once you obtain an Italy Elective Residence Visa, you can enter Italy where you will have to promptly apply for an Italian Residence Permit. 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