Italy residence permit for a public speaker to work and travel within the Schengen
My family and I had much experience travelling around Asia and Africa. I also often participated in financial conferences there. But Europe was yet to explore. However, it was always a headache to get a Schengen visa.
One day, my wife’s brother told me how it was possible to obtain a residence permit in an EU country and travel around the Schengen Area visa-free. Interesting, but I was ambiguous as I heard people usually bought real estate to get a residence permit. I didn’t want to do that.
Then, I discovered it was possible to obtain residency by investing in securities. And that’s the moment the idea hooked me. After all, I feel like a fish in the water in the trading world.
Aziz,
Trader, a public speaker and a finance consultant
Clients’ names and photos have been changed
This case was provided by our expert
Head of the Maltese office, MBA
Italy residence permit for a public speaker to work and travel within the Schengen
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How the investor got Italian residence permits: a step-by-step process
The process of obtaining an Italian residence permit took 7 months. During the whole period, Immigrant Invest accompanied the investor and their family.
October, 10th, 2022
Preliminary Due Diligence
Aziz and his wife contacted Immigrant Invest at the beginning of October 2022. We conducted a preliminary Due Diligence to check the investor’s background and ensured the risks of not obtaining a residence permit for the family were minimal. Only after that, we signed a contract with the investor.
Aziz and his wife contacted Immigrant Invest at the beginning of October 2022. We conducted a preliminary Due Diligence to check the investor’s background and ensured the risks of not obtaining a residence permit for the family were minimal. Only after that, we signed a contract with the investor.
+3 weeks
Gathering documents and applying for a Nulla Osta
A Nulla Osta is a document certifying no barriers to getting an investment visa.
Immigrant Invest provided the family with a list of documents they must collect. Then, the lawyers translated and notarised the required ones.
List of documents included:
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contact information;
-
passport copies;
-
CV copies;
-
certificate of no criminal record for every family member;
-
proof of required funds available and the proof of the legality of these funds;
-
description of the investment characteristics and proof of consent from the recipients;
-
declaration of commitment to use the funds and make the relevant investment within 3 months of entering Italy.
When all the papers were ready, the Immigrant Invest experts registered the family on the web portal Investor Visa for Italy Committee and submitted the documents.
A Nulla Osta is a document certifying no barriers to getting an investment visa.
Immigrant Invest provided the family with a list of documents they must collect. Then, the lawyers translated and notarised the required ones.
List of documents included:
-
contact information;
-
passport copies;
-
CV copies;
-
certificate of no criminal record for every family member;
-
proof of required funds available and the proof of the legality of these funds;
-
description of the investment characteristics and proof of consent from the recipients;
-
declaration of commitment to use the funds and make the relevant investment within 3 months of entering Italy.
When all the papers were ready, the Immigrant Invest experts registered the family on the web portal Investor Visa for Italy Committee and submitted the documents.
+ 28 days
Obtaining authorisation
When the Nulla Osta was approved, the family was notified by the Immigrant Invest. They downloaded their documents from the web portal.
When the Nulla Osta was approved, the family was notified by the Immigrant Invest. They downloaded their documents from the web portal.
+ 65 days
Gathering documents for an Investor Visa and an application
After obtaining Nulla Osta, the investor must apply for the Investor Visa. Immigrant Invest again helped with collecting the documents and preparing them for the consulate.
The list of papers contained:
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valid passport;
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photos in a passport format;
-
Nulla Osta certificates and documents submitted to obtain it;
-
confirmation of accommodation in Italy;
-
proof of at least €8,500 earned during the previous year in the country of residence;
-
proof of residence in the relevant consular district.
There, the investors also submitted their biometrics.
After obtaining Nulla Osta, the investor must apply for the Investor Visa. Immigrant Invest again helped with collecting the documents and preparing them for the consulate.
The list of papers contained:
-
valid passport;
-
photos in a passport format;
-
Nulla Osta certificates and documents submitted to obtain it;
-
confirmation of accommodation in Italy;
-
proof of at least €8,500 earned during the previous year in the country of residence;
-
proof of residence in the relevant consular district.
There, the investors also submitted their biometrics.
+ 5 days
Entering Italy and applying for a residence permit, €116
The family obtained their Investor Visas in 4 months, and then they had 8 days to enter Italy and submit an application for a residence permit at the local immigration office, Questura.
They also registered on the Visa Committee online portal. They submitted information about the date of their entrance to Italy, the date of their visit to Questure and the latter's location.
The family obtained their Investor Visas in 4 months, and then they had 8 days to enter Italy and submit an application for a residence permit at the local immigration office, Questura.
They also registered on the Visa Committee online portal. They submitted information about the date of their entrance to Italy, the date of their visit to Questure and the latter's location.
+ 30 days
Investing, €500,000
Immigrant Invest advised Aziz about companies that he could invest in. He chose a wine retailer and contributed to its securities.
As a rule, the investment must be made within 90 days after arriving in Italy, or the residence permit will be annulled.
Immigrant Invest advised Aziz about companies that he could invest in. He chose a wine retailer and contributed to its securities.
As a rule, the investment must be made within 90 days after arriving in Italy, or the residence permit will be annulled.
May 8th, 2023
Obtainment of a residence permit, €448
The Visa Committee portal scrutinised Aziz's application and fulfilment of investment conditions. Finally, the Italian authorities issued four residence permits: for Aziz, his wife, their son and their younger daughter.
The residence permits are valid for 2 years.
The Visa Committee portal scrutinised Aziz's application and fulfilment of investment conditions. Finally, the Italian authorities issued four residence permits: for Aziz, his wife, their son and their younger daughter.
The residence permits are valid for 2 years.
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