Elective Residence Visa Italy: 5 Secrets Nobody Explain You.
Italian Elective Residency Visa Application: Pay Attention.
Elective Residence Visa Italy Requirements: Here What You have to Know
The Elective Residence Visa Italy in one of the more trending VISA.
We can say it’s a “secret” VISA.
Why? Because nobody talks about it.
This is called an Elective Residence Visa Italy (residenza elettiva).
This is why it is often referred to as an Italy retirement visa.
Italy has a mild climate, great food, and a high quality of life.
As such, many foreign nationals make the decision to retire in Italy.
And retiring in Italy is easier, through the Elective Residence Visa Italy.
This article will explain some general informations on Elective Residence Visa Italy Application, following what we previously described also in this Article.
Italian Elective Residence Visa in numbers.
Just a quick background for understanding Why it’s so important to avoid self-applications and to ask for professional assistance.
What is the Elective Residency Visa Italy ? A quick Requirements prospect.
The Elective residence Visa Italy is a type of Italian long-stay visa.
It is the type of Italian visa you must apply for if you want to permanently relocate to Italy and have sufficient funds to provide for yourself.
These funds cannot come from active work while you are in Italy, but rather from savings, investments, or pensions.
This means that for an Italian Elective Residence Visa Application, you cannot take up any sort of work in Italy.
Once you obtain an Italy Elective Residence Visa, you can enter Italy where you will have to promptly apply for an Italian Residence Permit.
It is the permit which actually allows you to live in Italy for longer than 90 days.
The elective residence visa italy only applies to individuals who possess a prolific amount of money and savings in their country of origin.
Sometimes, proof property ownership in Italy may also be requested.
Applicants will need to show portfolio of assets like financial statements from banks, investments/brokerage firms, social security, etc.
There is no strict line, and each application is handled on a case-by-case basis.
Some Consulates may ask applicants to show at least one million dollars in accounts.
Some others may prefer to judge the application according to a steady flow of monthly earnings, between $35,000 to $150,000 per year.
The first task is therefore to prepare a written portfolio of assets.
This way, the applicant’s relocation management company can assess whether the Italian Consulate is able to entertain the visa request.
The holder of an elective residence visa is not allowed to work in Italy.
.According to the Ministerial Decree of the 12 of July 2000, the spouse, the children minor of age can apply for an elective residence visa as well.
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Who Needs an Elective Residence Visa Italy to Retire in Italy?
Anyone who is not from an EU (European Union) country, or Switzerland, Norway, Iceland, or Lichtenstein, has to apply for an Elective Residence Visa Italy .
This is mandatory if they want to live in Italy for longer than 90 days without having to work.
This means, even the non-EU nationals who are exempt from holding a Schenegn visa to Italy must obtain an Elective Residence Visa Italy .
If you are not from the EU or one of the other aforementioned countries, you cannot apply for an Italian residence permit directly.
That will not possible if you are not holding an Italian long-stay visa.
Italy Elective Residence Visa Application Requirements
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.
The requirements for an Italy Elective Residence Visa are:
- Proof of sufficient financial resources to support yourself without working.
Such as through pensions, annuities, property income, income from joint stock or shareholding in a company, etc.
- Proof of lodging. Before you move to Italy, you will need to find a suitable place to live.
You can prove you have adequate lodging in Italy either through a lease/rental agreement of proof of purchasing.
- Proof of health insurance. You must purchase international health insurance before you apply for your visa.
This has to cover € 30,000 a year and all medical expenses in every EU member state.
- Valid passport. It has to be valid for a minimum of three months after the visa expires and have two blank visa pages.
- Italy Long-Stay Visa Application Form. Duly completed, dated, and signed.
- Passport-size pictures. They must have 35mm x 45mm dimensions, a white background, and your face must take up 70-80% of the picture.
- Civil status documents. Such as birth or marriage certificates, as applicable.
- Police clearances from your home country.
Not Sure if You are eligible for Elective Residency Visa Italy?
Do not worry.
There is always a solution when You will be assisted by qualified Immigration Lawyers, and specialized Italian Citizenship Attorneys.
Need Assistance on Elective Residence Visa Italy?
How to apply for an Italian Elective Residency Visa?
We can Assist You Step-By-Step on Your Italy Elective Residence Visa Application.
Beware on self-applications; consider that, statistically, over 93% of self-applications are rejected by Consulates.
You can be interested also on: Italy Investor Visa: Why almost all Investor are moving to Italy
Why do I need Assistance by Elective Residence Visa Italy?
One of the best ways to reduce your Italian Elective Residence Visa Application processing time is to enlist the help of Professionals and experts.
Professional Assistance will be always in your advantage.
Choose well your expert: an Italy Elective Residence Visa Lawyers will be certainly the most prepared professional with highest skills.
Here are 5 main reasons:
- Professional service providers know how to best position you for success
- Due to their in-depth knowledge of the system, they know exactly what to do at each stage
- Experience has given them an edge when it comes to compiling the necessary documents
- They can direct you to Consulates or Comune that are known for faster turnaround times
- If there are any issue and/or You need to appeal against Consulate, we can do it.
If your time is valuable to you, then getting help from professional service providers is the best route for you if you want to ensure your Elective Residency Visa processing time is kept to a minimum.
What Are You Waiting For? Get Immediate Assistance!
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We assist EU and non EU citizens with immigration and visa matters, as well as residence registrations.
We offer a comprehensive service tailored to the needs of each case.
All cases listed here
Our services include advice on immigration law, cross-border implications related to Italian Dual Citizenship, Investor Golden Visa Italy,(See also here for Investor Golden Visa benefits) preparation of visa, permit to stay and residence applications, tax aspects, avoidance of dual taxation, (more informations also here)