Italian Investor Visa Myths Global Entrepreneurs Should Ignore

Italian Investor Visa Myths Global Entrepreneurs Should Ignore
by John Carlucci - July 6, 2022

Global entrepreneurs are passionate about extending the boundaries of their ventures. Setting up overseas sounds exciting rather than daunting to them. But you must choose the relevant destination to join the international business bandwagon. Italy is an excellent choice because it offers the best of everything, from lucrative growth opportunities to favorable regulations and easy immigration. You can seek insights into the investor visa process from the team of Investor Visa for Italy LLC to create an immigration roadmap for yourself. But some myths may keep you from securing the immense benefits of this immigration option. Let us debunk the ones global entrepreneurs should steer clear of.

Myth #1- It can burn a hole in your wallet

An investor visa is an investment-based immigration alternative as you have to bring a hefty sum to the destination country. But things are different for the Italian investor visa, and your startup budget need not be a reason to worry. The minimum funding to get in is €250,000 for an innovative startup in Italy. So you need not burn a hole in your wallet as you can land with thousands instead of millions. 

Myth #2- Family immigration can cost a fortune

Another misconception that can disrupt your global entrepreneurship goals is that you may have to spend a fortune on family immigration. Of course, you will expect to bring your family along while establishing a new business in the country. The truth is that you need not break the bank as the investor visa process does not require additional investment for family members. You only need to provide proof of financial capacity to support them. 

Myth #3- Your funds are at risk

Definitely not, because they do not even come into the picture until you land in Italy and get your residence permit as the final immigration formality. The initial stages require you only to provide bank statements validating proof of funds for investment. You need not worry about rejection as your money stays in your account until the completion of the process. You also get a three-month deadline to deposit the investment funds.

Myth #4- The costs outweigh the benefits

The investor visa process costs much less than you imagine. You need not travel to Italy as you can apply for the nulla osta (certificate of no impediment) online and submit your visa application to your local consulate. Hiring an expert is a small price to streamline the journey and prevent delays due to errors. The benefits far outweigh the costs as you can set up your business and expand it across the EU with visa-free travel as a resident. 

Myth #5- It is a short-term option 

Another myth you should steer clear of is that the investor visa is a short-term immigration option. Although it leads to a two-year residence permit in the beginning, you become eligible for citizenship by naturalization after a decade in the country. You can grow your business without worrying about having to leave after the permit period. All you need to do is retain the original investment during the decade of residence.

Now that these myths are debunked, you are in a better place to apply for an Italian investor visa as a global entrepreneur. Remember to collaborate with a seasoned immigration professional to ease your journey. 

Early Mold Detection 5 Signs to Look for in Your Property
Early Mold Detection: 5 Signs to Look for in Your Property
Mold thrives in moist areas such as ceilings, roofs, windows, insulation, plumbing, or air ducts. This fungus can seep into your home through leaks, vents, and open entries. Mold can also grow on carpets and furniture in the aftermath of ...
Thinking of Selling in Temple Hills Here's How to Do It Yourself and Save
Thinking of Selling in Temple Hills? Here's How to Do It Yourself and Save
Selling your home in Temple Hills can be an exciting yet daunting experience. You might be eager to move on to the next chapter, but navigating the complexities of the real estate market can feel overwhelming. The prospect of realtor ...
Is Note Selling Right for You A Beginners Guide to Weighing the Pros & Cons
Is Note Selling Right for You? A Beginner's Guide to Weighing the Pros & Cons
The world of investing can be vast and complex, filled with a multitude of options. One strategy gaining traction in recent years is note selling. But before diving in, it's crucial to understand what it entails and whether it aligns ...
Finding the Right Realtor When Selling During Divorce Qualities to Look For in 2024
Finding the Right Realtor When Selling During Divorce: Qualities to Look For in 2024
Selling a house during a divorce can be a complex and emotional process. You're likely navigating a sea of legalities, facing financial adjustments, and managing the stress of emotional upheaval. In this situation, finding the right realtor can make a ...
Cash for Burned Houses Quick Solutions for Texas Homeowners
Cash for Burned Houses: Quick Solutions for Texas Homeowners
A house fire can be a devastating event. The emotional toll of losing your home is immense, and the process of rebuilding can feel overwhelming. If your Texas home has been damaged by fire, you're likely facing a mountain of ...
1 2 3 86
Prudential Cal strives to provide the most detailed information about the real estate industry. We assist people in making the best decisions possible by offering unique insights into the global real estate market and advice for both homebuyers and sellers.
Additional Information
Copyright © 2024 Prudential Cal. All Rights Reserved. Protection Status
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram