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ARTICLE · 16 SEPTEMBER 2020

Latest Updates On The Italian Investor Visa

LCA Studio Legale
LCA Studio Legale
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Among the recent changes related to the Italian Investor Visa, it is now no longer required to sign the so-called integration agreement and to spend a minimum amount of time in the Italian territory.

ItalyImmigration

Yesterday, September 14, 2020, Law No. 120/2020 entered into force, implementing new amendments to the Italian Investor Visa.

The changes introduced are basically aimed at attracting and encouraging more foreign nationals to look at Italy as an appealing hub to invest their capitals, by simplifying some of the requirements previously provided for by Legislative Decree 286/98 (Italian Immigration Law) and, above all, by widening the scope of potential applicants.

Among the recently implemented amendments to the Italian Investor Visa, the most relevant and innovative one surely relates to the scope of third-country nationals who are now entitled to apply for and obtain such visa. In fact, while initially only individuals, who were required to perform the investment in their name and on their behalf, were entitled to apply for an Investor Visa, the new wording of Article 26 bis of Italian Immigration Law now expressly allows third-country nationals to invest in

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