Starting a business overseas is an exhilarating prospect, but it is equally daunting. You can expect several roadblocks on the way, but things can be much easier if you choose the right destination. Not surprisingly, thousands of American entrepreneurs choose Italy as their overseas business destination every year. It has a favorable business landscape and is an ideal country to settle with your family. Moreover, getting an investor visa for the country is easy. You can read here a detailed guide to understand how it works. Let us explain the opportunity briefly so that you can get a fair idea about working as a business owner in Italy.
Understand your funding options
Before investing in Italy to get an investor visa, you must know where and how much to invest. Since there are different options, you can seek assistance from an expert to pick the best one. You can invest in €250,000 an innovative startup or €500,000 in an Italian company. It is also possible to be eligible through a donation by giving €1 million to a philanthropic project related to education, culture, research, or immigration. Another option is to invest €2 million in government bonds. Consider these options and pick the one that matches your potential and interest.
Know the 3-step process
Picking the ideal investment opportunity is only the start, and you need not bring in the money until you get into the country. Typically, you can buy a Golden Visa with a three-step process. It starts with obtaining a nulla osta or a certificate of no impediment, following which you can apply for the investor visa at your local consulate. If you have your paperwork in place, you can get the nulla osta within thirty days. The investor visa application is also processed quickly, and you can land in Italy right away. Once you reach, you can get a residence status by applying at your local police station. After getting it, you have to deposit the investment amount.
From residence to citizenship
As an Italian resident, you can start your business in the country. You may want to settle here eventually, and the best way to do it is by getting citizenship by naturalization. It involves an extended process with a specific deadline, but an investor visa makes it a tad simpler. You can apply for renewal of the visa after the first two years and get another three-year extension. Keep renewing the visa until you are here for a decade. At this stage, you can apply for citizenship by naturalization and stay here for good. Citizenship status is worth getting because you can pass on the rights to your next generations.
An investor visa is the best way to start a business in Italy and run it as any other resident does. The best part is that you can get through the process quickly and reach your citizenship goal eventually. If you can invest money here, this is one opportunity you must not miss.
