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Retirement Residence Permit in Italy


September 26th, 2023 at 05:51 pm

Retirement Residence Permit in Italy

There is a less well-known kind of long-stay visa available in Italy for foreigners who choose to reside there and have the financial resources to live off of without working.

The term “residenza elettiva” refers to this type of visa, which is primarily utilized by foreign citizens who have the financial wherewithal to retire to Italy. It is frequently referred regarded as an Italy retirement visa because of this.

Italy offers excellent food, a pleasant environment, and a high standard of living. As a result, a large number of foreigners choose to retire in Italy. Additionally, the Italian Elective Residency Visa makes it easier to retire in Italy.

This page offers advice on how non-EU citizens can relocate permanently to Italy, whether for retirement or another reason.

The Italy Elective Residency Visa: What is it?

One kind of Italian long-stay visa is the voluntary residency visa. If you have enough money to support yourself while living in Italy continuously, this is the kind of Italian visa you need to apply for. These funds must originate from investments, pensions, savings, or active work while you are in Italy.

This implies that you are not allowed to work in Italy if you seek for an Italian Elective Residency Visa.

You can enter Italy with an Italy Elective Residence Visa, but you must apply for an Italian Residence Permit right away. The permit is what enables you to stay in Italy for a period of time more than ninety days.

To retire in Italy, who needs a visa for elective residence?

Anyone who wishes to remain in Italy for more than ninety days without having to work must apply for an Italian Elective Residence Visa if they are not a citizen of one of the EU (European Union) nations, Switzerland, Norway, Iceland, or Lichtenstein.

This implies that obtaining an Elective Residence Visa (or any other kind of long-stay visa) is required, even for non-EU individuals who are exempt from needing a Schengen visa to enter Italy.

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You need an Italian long-stay visa in order to apply for an Italian residence permit if you are not a citizen of the EU or any of the other stated nations.

Prerequisites for an Italian Elective Residency Visa

A package of documents verifying your eligibility must be with you when you apply for an Italy Elective Residency Visa. An Italy Elective Residence Visa requires the following:

1. Documentation proving you have enough money to live off of without working.

If you are applying alone, you must have at least € 31,000 annually; if you are applying as a married couple, your minimum annual income must be € 38,000. The amount is raised by 20% for each accompanying dependent. Recall that the Elective Residence Visa does not enable you to work, therefore you will need to demonstrate that you have other sources of income, such as property income, pensions, annuities, joint stock or ownership in a company, etc.

2. Verification of rooms.

You must locate a good place to reside before moving to Italy. In Italy, you can provide documentation of your purchase or a lease/rental agreement as confirmation of your adequate accommodation.

3. Documentation of health insurance.

It is mandatory to have international health insurance prior to submitting your visa application. This must pay for all medical costs in every EU member state as well as € 30,000 annually.

4. A current passport.

It must have two blank visa pages and be valid for at least three months following the expiration of the current visa.

  • Application for a Long-Term Visa to Italy. properly filled out, signed, and dated.
  • Photos the size of a passport.
  • They need to be 35 x 45 mm, have a white background, and include your face occupying 70–80% of the image.
  • Papers pertaining to civil status. certificates of marriage or birth, if appropriate.
  • Police clearances from the nation of origin.
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How may one apply for a visa to reside in Italy electively?

You must apply for it at the Italian embassy or consulate in your home country, just like you must for other kinds of Italian visas. The following is the procedure for applying:

  • Make an appointment at the Italian consulate or embassy in your nation, whichever is in charge of your area of authority.

In the event that your nation lacks an Italian embassy or consulate, you may apply for a visa at a Visa Application Center or at the embassy or consulate of the other Schengen nation to whom Italy has outsourced its visa applications.

  • Download the Italy Long-Stay Visa Application Form, fill it out, and sign it.
  • Compile all necessary paperwork.
  • Arrive in person and on time on the scheduled date of your appointment, bringing the necessary paperwork.
  • Pay the visa fee for Italy.
  • Await the processing of your visa.
  • Should your visa be granted: Visit Italy and submit an application for a residence permit there.

Italy Elective Residency Visa residence permit

You have to apply for an Italian residence permit (permesso di soggiorno) within eight days after arriving in Italy. The steps that need to be taken in order to make a request for an Italian residency permit are as follows:

  • Pick up the application package for a residence permit from the post office in the area where you plan to dwell.
  • Finish the application kit and return it to the post office with photocopies of all the necessary paperwork. You will receive a receipt and an appointment for the Questura, which is the next step in the application process for permission to stay.
  • Take all of the necessary paperwork to your local Questura, or police headquarters, and turn it in in original form. In addition, they’ll ask you some questions and collect your fingerprints.
  • Await the finishing touch. When your Residence Permit card is ready to be issued, Questura will let you know.
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Obtain the card for your Italian residency permit.

You will be able to extend your residence permit after the initial one to two-year period has passed. You can apply for a permanent residence permit once you have been a resident of Italy for at least five years while holding a temporary residence permit.

You can apply to become an Italian citizen after residing in the country for at least ten years with a permanent residency visa.

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