MAGARAGGIA LAW FIRM

Real Estate Law Firm

MAGARAGGIA LAW FIRM

Real Estate Law Firm

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Golden Visa

Living in Italy Without Working

The Italian Elective Residence Visa (Visto per Residenza Elettiva) is designed for non-EU nationals who wish to live in Italy long-term without working — retirees, those with passive income, or financially independent individuals seeking to relocate to Italy permanently.

This visa allows the holder to reside in Italy and move freely within the Schengen Area. After five years of legal residency, applicants may apply for permanent residence; after ten years, they may become eligible for Italian citizenship.

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Golden Visa

Elective residence and
long-term tourist visas in Italy

Requirements

To qualify for the Italian Elective Residence Visa, applicants must demonstrate:
  • A stable, passive income from sources such as pensions, rental income, investments or annuities. Income from employment is not accepted. The minimum income threshold varies by consulate and family situation — we recommend verifying the current requirements with us before applying.
  • Suitable accommodation in Italy — either a property owned in Italy or a registered lease of at least one year.
  • Comprehensive private health insurance valid in Italy.
  • No intention to work in Italy, either for an Italian employer or remotely for a foreign company. The visa is initially issued for one year and is renewable annually, provided the conditions continue to be met. A residence permit (permesso di soggiorno) must be applied for at the local Questura within eight days of arrival in Italy.
Holding an Italian residence permit grants the right to move freely within the Schengen Area, which currently comprises 29 European countries. The exact composition of the Schengen Area may vary — we recommend verifying the current list at the time of application.

Magaraggia Law Firm is able to offer a complete package of advice and assistance for those wishing to participate in this program. We will guide you from the very first considerations through all legal and commercial aspects of acquiring property and applying for the program, up to fulfilling all requisite requirements for permanent residence and/or citizenship.

As part of our Golden Visa Package Service, we offer to accompany, guide and advise you along every step of the way.

While the program is quite straightforward, there are several pitfalls throughout all the complicated Italian bureaucracy that we can help you to avoid. Magaraggia Law Firm will prevent you from wasting time and assisting you in this path and taking care of each step:

  • managing the acquisition of the property, providing a whole legal assistance which would include an accurate due diligence, making sure the property you would like to buy can be transferred without any problem or risk
  • applying for the residence permit and its renewals, making sure that you fulfill every requirements and provide any document and paperwork that is compulsory under Italian authorities
  • organizing the required annual visits and making sure that these are properly documented
  • management of your property, including rental legal advice and tax obligations
  • competent, comprehensive legal advice on all questions and issues that might arise
If you are interested in our Golden Visa Package and how we can help you take advantage of the Golden Visa Plan, please do not hesitate to contact us.

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