The visa is a long-stay national visa (Legislative Decree 286/1998), as applied through consular practice. It is discretionary in nature; there is no automatic entitlement, and consulates assess the overall credibility, coherence and sustainability of the relocation project.
Applicants must demonstrate adequate financial resources ensuring autonomous subsistence in Italy without work. In practice, consulates generally expect documented passive income of approximately EUR 32,000 per year for a single applicant, with higher thresholds for spouses and dependants. Income must be stable, regular, and traceable, typically deriving from pensions, rental revenues, dividends, or financial assets. Additional requirements include proof of suitable accommodation in Italy (registered lease or ownership title), and comprehensive private health insurance covering medical expenses prior to registration with the national health system.
