{"id":8955,"date":"2017-02-28T13:29:52","date_gmt":"2017-02-28T13:29:52","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=8955"},"modified":"2019-02-12T14:05:58","modified_gmt":"2019-02-12T19:05:58","slug":"italy-prepares-new-investment-visa-program","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/italy-prepares-new-investment-visa-program\/","title":{"rendered":"Italy Prepares New Investment Visa Program"},"content":{"rendered":"<p>Italy has changed its immigration and tax laws to prepare for the implementation of a new investment immigration program.<\/p>\n<p>The European giant is planning three investment classes with a minimum threshold of \u20ac500,000, rising to \u20ac2 million, with an initial investment period of two years.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"8956\" data-permalink=\"https:\/\/www.investmentimmigration.com\/italy-prepares-new-investment-visa-program\/florence-italy\/\" data-orig-file=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2017\/02\/florence-Italy.jpg\" data-orig-size=\"640,271\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Italy Prepares New Investment Visa Program\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2017\/02\/florence-Italy-300x127.jpg\" data-large-file=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2017\/02\/florence-Italy.jpg\" class=\"aligncenter wp-image-8956 size-full\" src=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2017\/02\/florence-Italy.jpg\" alt=\"Italy Prepares New Investment Visa Program\" width=\"640\" height=\"271\" srcset=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2017\/02\/florence-Italy.jpg 640w, https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2017\/02\/florence-Italy-600x254.jpg 600w, https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2017\/02\/florence-Italy-300x127.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>In return, investors will be awarded a two-year visa, which can be extended for three years provided the investment is not withdrawn.<\/p>\n<p>Candidates will get access to progressive tax rates on income earned in Italy, plus the privilege of paying an annual lump sum tax of \u20ac100,000 on all foreign-sourced income, including through investments and financial assets.<\/p>\n<p>Italy is also looking to attract the return of high-skilled workers to the country by offering income tax breaks.<\/p>\n<p>The new laws were approved in December 2016, and became active in January 2017, although the implementation of the program is still being discussed by Italian lawmakers.<\/p>\n<p>There was an initial target of March 2017 for the program to be active, although it looks like it could take significantly longer.<\/p>\n<p>When the new program does begin, it will see Italy join a growing number of countries offering investment immigration programs.<\/p>\n<p>Such programs are becoming a key source of investment income for countries all over the world, including Portugal, Malta, the UK, Ireland and Cyprus in Europe.<\/p>\n<p>The U.S. and Canada also have avenues for investors to achieve residency.<\/p>\n<h3>Key Points of Proposed Italy Investment Program<\/h3>\n<p><strong>Investment Streams<\/strong><\/p>\n<ul>\n<li>\u20ac500,000 investment in corporate bonds or shares in an innovative Italian start-up.<\/li>\n<li>\u20ac1 million investment in approved Italian public interest projects.<\/li>\n<li>\u20ac2 million investment in Italian government bonds.<\/li>\n<li>\u20ac2 million investment in corporation bonds or shares in an established Italian business.<\/li>\n<\/ul>\n<p><strong>Visa Details<\/strong><\/p>\n<ul>\n<li>Investor visa granted for two years, provided investment is held for that period.<\/li>\n<li>Three-year extension granted provided investment continues to be held.<\/li>\n<li>Family visa granted to candidate\u2019s family<\/li>\n<\/ul>\n<p><strong>Who Qualifies for Tax Incentives?<\/strong><\/p>\n<ul>\n<li>Candidates who have not paid Italian tax for 9 out of last 10 years.<\/li>\n<li>Candidates who will change their residence to Italy for tax purposes.<\/li>\n<\/ul>\n<p><strong>What are the Tax Incentives?<\/strong><\/p>\n<ul>\n<li>Progressive rates on income earned in Italy.<\/li>\n<li>Annual lump sum of \u20ac100,000 for foreign-earned income, including investment and financial assets. Add an extra \u20ac25,000 per family member).<\/li>\n<li>Inheritance tax on Italian assets only.<\/li>\n<\/ul>\n<p><b>Further reading<\/b><\/p>\n<ul>\n<li><a title=\"Permalink to Italy Start-Up Visa Policy offers Residency Permit for Entrepreneurs\" href=\"https:\/\/www.investmentimmigration.com\/italy-start-up-visa-policy-offers-residency-permit-for-entrepreneurs\/\" rel=\"bookmark\">Italy Start-Up Visa Policy offers Residency Permit for Entrepreneurs<\/a><\/li>\n<li><a title=\"Permalink to Investment Immigration Nations Ranked in the Top-30 in the 2016 Visa Restriction Index\" href=\"https:\/\/www.investmentimmigration.com\/investment-immigration-nations-ranked-in-the-top-30-in-the-2016-visa-restriction-index\/\" rel=\"bookmark\">Investment Immigration Nations Ranked in the Top-30 in the 2016 Visa Restriction Index<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Italy has changed its immigration and tax laws to prepare for the implementation of a new investment immigration program. The European giant is planning three investment classes with a minimum threshold of \u20ac500,000, rising to \u20ac2 million, with an initial investment period of two years. In return, investors will be awarded a two-year visa, which&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[454],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-2kr","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/8955"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=8955"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/8955\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=8955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=8955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=8955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}