Last Updated on January 18, 2022 by Guest
Establishing a startup overseas is a dream for aspiring entrepreneurs, but the journey is often daunting. You cannot just jump at the first chance without planning for the rod ahead. There could be several challenges and roadblocks on the way. Success depends on choosing an ideal destination with a booming market and favorable business climate. Moreover, it should offer good living conditions if you plan to move with your family in the long run. In this article, we will talk about how to leverage an Italian investor visa for your startup.
Italy is among the best options for business owners who want to broaden their horizons and explore overseas markets. Besides offering lucrative business opportunities, it has viable immigration policies.
You can explore citizenship routes by descent, marriage, or naturalization. Even if you qualify for neither of these routes, you can get in with an Italian investor visa. You can check the complete guide on mbersanilaw.com to learn more about this option. Let us explain how to leverage an Italian investor visa for your startup journey.
Get your funding in place
An investor visa basically requires you to bring funds to the country as an investor. The first step for acquiring it is by getting your funds in place. Since this immigration route requires considerable investment, it is ideal for high-net-worth entrepreneurs. But you need not give up hope, considering the investment is out of reach.
There are ways you can get in, even with a minimal amount that matches your capacity. The good thing is that you can invest in diverse places according to your budget. For example, you can start with a minimal investment of €250,000 in an innovative startup, or go further with €500,000 in an existing company. Other options include €1 million as a donation in a public sector project or buying €2 million worth of government bonds.
Complete the process
After deciding the ideal funding option, you can complete the process to move ahead with your entrepreneurial venture. With an investor visa, you need not show much in the name of eligibility. Anyone over 18 years can apply, provided they have a clean police record and are in a good state of health.
It means you can begin the process without much ado. Typically, it is a two-step journey that takes only a couple of months. You have to start by getting a nulla osta (no impediment certificate) that validates your investment capabilities. You can get it within 30 days and apply for your investor visa at your local consulate as the second step. The second step is also easy, and you can pursue it from the country of your current residence.
Land in Italy with an investor visa
You can land in Italy with an investor visa and apply for a residence permit. It is easy to get your family along as you need not make any additional investment for their eligibility. You only have to show proof of funds that are enough to support them financially while residing in Italy.
After obtaining the permit, you have to bring the committed funds. It means your funding is safe as you pay only after completing the process. The residence permit is valid for two years. If you fail to invest within three months of getting the permit, your visa will be revoked. So you must make sure that you are ready with your funds before landing in Italy with the investor visa.
Start your dream venture
After getting your residence permit, you get the benefits of being an Italian resident. It means you can live and work in the country, bring your family along, and establish your dream startup venture in Italy. Consider it as your golden chance to make it big in one of the most lucrative markets in Europe.
The best part is that you have bigger opportunities even as you set up your business in Italy. You can travel in the EU countries without a visa, making it a great opportunity to grow your new business and expand your horizons.
The tax structure is friendly for foreign businesses, so you need not worry much about massive tax bills down the line. The country offers quality education on a budget, making it an ideal destination for your children. Your family also gets access to one of the finest healthcare systems in the EU.
Stay here for good
An investor visa is the first step for staying in Italy for good. You can start with a two-year residence permit and renew it for another three years. Even while you have a residence permit, you need not live here permanently. You can run your international business here and in the US until you decide to settle here for the long haul.
A five-year stay in Italy entitles you to a permanent residence permit. Moreover, you get eligible for citizenship by naturalization after completing ten years in the country.
You can settle here for good and expand your business in the long run. Italian citizenship entitles you to more rights and benefits down the line. You can pass it on to your next generations, so it is an asset you acquire for a lifetime and as a legacy for your children and grandchildren. They can take your business ahead as citizens of the country.
An investor visa can be a golden ticket for entrepreneurs who want to set up a business in Italy. The process is fast and easy, so you can start without second thoughts.
You can land as a resident and stay for the long haul as a citizen of the country. It is a great chance to own one of the most powerful passports in the world.
You get to fulfill your dreams and open the most incredible life for your family. All you need is an expert who can guide you through the journey and make it quick and easy to get your investor visa. Seeking professional services always helps as it lets you proceed with more confidence. Moreover, you get to focus on your startup vision while they handle the formalities of immigration.