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๐Ÿ‡ฎ๐Ÿ‡น Italy

Elective Residence Visa

The Elective Residence Visa (Visto per Residenza Elettiva) is Italy's primary option for retirees and those with substantial passive income. Requires minimum โ‚ฌ31,000/year in passive income (pension, rental income, investments, dividends) - not from employment. Income increases by 20% for spouse and 5% per dependent. Cannot work in any capacity in Italy. Must demonstrate stable, ongoing income sources - savings alone don't qualify. Requires proof of accommodation in Italy. Popular with retirees seeking la dolce vita lifestyle. Path to PR after 5 years, citizenship after 10.

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Processing Time

30-90 days

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Cost

โ‚ฌ116 visa fee

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Duration

1 year initial, renewable

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Work Rights

No work permitted

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Renewability

Renewable annually while requirements met

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Path to Permanent Residence

Yes

Requirements

  • 1Minimum โ‚ฌ31,000/year passive income
  • 2Proof of stable income sources (pension, investments, rental)
  • 3Accommodation in Italy (lease or ownership)
  • 4Health insurance valid in Schengen (โ‚ฌ30,000 minimum)
  • 5No intention to work in Italy
  • 6Clean criminal record

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