Legal Developments in the Italian Investor Visa – Will ‘La Bella Vita’ now attract more investors?
CIVITAS POST explore the Italian Investor Visa, highlight recent developments including the legal changes on the 14th of September 2020 and assess whether the residency by investment programme has any better odds now at channeling FDI into Italy. Introduced in 2017 the Italian Investor visa and residence permit was brought in to lure foreign high net worth individuals who are seeking residence in Italy thereby creating a breeding ground for investment. Sadly, the programme never truly took off as it was poorly structured and could not compete with more attractive Greek, Spanish and Portuguese golden visa alternatives, so thus far it has had very little traction.