The ability to move families permanently to countries such as the US, the UK or Australia is a major draw, while many see expanding their ability to travel visa-free as a major advantage. The tax package is integrated by a fast-track visa procedure for investors and their relatives. It is possible to gain permanent residency in Italy but applicants need to demonstrate annual income of €100,000. Why Italy is the Beacon for Dual Citizenship in Europe. EU citizens are eligible after only four years of residence. Buy Property; Cooking; Language; Wedding; Community; User account menu. No requirement to live in ... Free movement in Schengen countries with Italian residence permit. When you have Italian dual citizenship, you can purchase and rent property in the country with far less difficulty. Successful applicants of Italy’s residence-by-investment program can apply for a permanent residence permit after five years of legal residence in Italy. Italian citizens and their descendants of Italian citizens living in Istria, Fiume and Dalmatia in accordance with the provisions of the Treaty of Paris of 1947; Italian citizens and their descendants living in the former territory of Trieste until 1977, in accordance with the provisions of the Osimo Treaty of 1975. certificate of Italian citizenship of mother or father (where requested); certificate of criminal record (or certified lack of one); the possibility of working in Italy and the other 27 member states of the European Union; the possibility of studying in Italy, but also in other EU member states of the EU; the access to buying real estate in Italy based on the golden visa program or simple acquisition of citizenship; the possibility of starting a business as an Italian citizen and obtaining various tax benefits; access to moving freely across Europe (the European Union and Schengen area); access to educational services and to the national healthcare system in Italy. Italian citizenship after 10 years of living. 91, and came into force on 15 August 1992. It’s a free, boutique event tailored for serious property buyers. The deed is signed, the balance of the money handed over in exchange for the keys. Buying citizenship: Which nations are affordable? Whether you’re thinking of buying property in Rome, Milan, Naples or anywhere in between, you’re likely to be greeted with a plethora of housing styles, ages and levels of upkeep. It is not designed as a program for outsiders to get citizenship. In May, the price to obtain citizenship was cut in half thanks to new “Covid-19 Relief” bonds: Through the end of 2020, it’ll cost $250,000 for an individual and $300,000 for a family of four. Frequently asked questions about applying for Italian dual citizenship Does buying property in Italy give you residency? Like many continental European countries it is largely based on jus sanguinis.It also incorporates many elements that are seen as favourable to the Italian diaspora.The Italian Parliament's 1992 update of Italian nationality law is Law no. Citizenship after 10 years by naturalising through permanent residence. Ciao! Can you assist me with buying and selling real property and other assets in Italy? Request a free quote. I’m not after a recommendation just some options to explore. Italian Citizenship. Free movement in Schengen countries with Italian residence permit. Buying citizenship: Which nations are affordable? Accordingly, the required value of the property to get Turkish Citizenship has been decreased. For example, only residents can buy real estate in Liechtenstein. In either case, the onus is usually on the buyer to find a property they are interested in and then approach the owner or their agent. Italian nationality law is the law of Italy governing the acquisition, transmission and loss of Italian citizenship. Germany Citizenship. Find out below whether you qualify and, if you do, how to realize your dream of becoming an Italian – and European – citizen. -Citizenship applicants must reside in the country for three years within a four-year timeframe. We receive many inquiries from our readers asking about acquiring Italian Dual Citizenship. How to Obtain Italian Dual Citizenship. – Property investment of €500,000 – No resident requirements – Permanent residency after five years, citizenship after six – Full family residency granted – EU Schengen visa travel granted – High tax-free threshold (no taxes paid unless living in Portugal for over 183 days per year) Golden Visas in Portugal are one of the most popular due to the desirability of Portugal as a destination and the flexibility and benefits of the Golden Vis… South African investors have the opportunity to obtain residency or citizenship in another country without having to emigrate, or having ancestral ties to that country, by making use of a residency or citizenship through investment programme. Yes. ... even think of buying property, so that i don’t have to worry about obtaining a permesso di soggiorno? Does the UK’s departure from the EU (Brexit) affect the application procedure? Property Purchasing Benefits. While you may already have access to certain benefits, the health and education system is also especially good in Italy. Some of these countries offer Citizenship by Investment (CIP) programs where money can actually buy a second passport, usually starting at around $200,000 (£154,392). Germany requires forfeiting previous citizenship in order to become a german national. Since 1992, Italy has made dual citizenship available to those of Italian descent, and has implemented a process that is much more straightforward than anywhere else in Europe. 4.4 million people immigrated to one of the EU states during 2017; out of these 4.4 million persons, approximately 2 million were non-EU citizens, while 1,3 million were EU citizens moving from one country to another; out of all these immigrants, Italy welcomed a total of 343,000 individuals; among the 343,000 immigrants, 240,000 were non-EU citizens. 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