Italy is an excellent destination for aspiring entrepreneurs with a vision to set up a global business. The popularity is well-deserved because of valid reasons. The country offers a positive environment for overseas business owners with easy regulations, favorable tax regimes, and proximity to the EU markets. Not to mention, the place presents an easy lifestyle, a warm culture, and access to excellent education and healthcare facilities. It is an ideal place to establish a business and have a home.Thus it is no surprise that so many American entrepreneurs seek Italy as a dream destination to start their business venture overseas.
Beyond these reasons, the easy immigration norms make another valid one to explore entrepreneurship opportunities in Italy. You can start a life here with your family early in the startup stage itself. The investor visa gives you a quick start and lets you live and work in Italy without hindrances. Moreover, you can bring your family along without any additional investment. You can visit www.mbersanilaw.com to understand the nitty-gritty of this immigration route. Here are a few more helpful investor visa advice for aspiring entrepreneurs.
Decide Your Ideal Investment Option Early – The Crucial Investor Visa Advice For Aspiring Entrepreneurs to Follow
When you have business plans in mind, you need to prepare a budget and get your funds in place. Setting up a new business takes a considerable investment, even more, when you plan an overseas venture. Costs compound as you take your family along to the destination. In this situation, the expense of funding an investor visa may appear painful. But the good thing about the Italian investor visa is that you have multiple investment alternatives. It means you can take a flexible approach and pick an option matching your financial capacity.
You don’t need to struggle much as you can start with a minimal amount of €250,000 for funding a local startup. You may invest €500,000 in an established company, donate €1 million to a public welfare project, or purchase government bonds worth €2 million. Experts recommend deciding the ideal option before going ahead to avoid last-minute qualms.
Sort Out Your Paperwork To Proceed Methodically
Deciding on the investment option is the first step, and the good thing is that you can go ahead right away. While applying for an investor visa, you don’t require the funds during the application process. But you will definitely have to prove your capacity to bring them eventually with bank account proof. Sort out your paperwork in time because the proof goes with your nulla osta (certificate of no impediment) application.
The process involves the evaluation of your financial capacity to ensure your eligibility for the investor visa. You cannot go slack with the bank proof at this stage because missing or inaccurate documents can lead to a problem. You cannot apply for the investor visa without getting the nulla osta first.
Get The Funds Ready Before Landing
Bank proof of funds is enough to get the nulla osta and investor visa for landing in Italy. But money has to come eventually. You will have to bring the funds to Italy after getting your residence permit on landing here. The deadline to get the committed investment is three months. Not doing so means you should be ready for the authorities to revoke your permit and send you back to your country. So make sure you have your funds ready before flying to Italy with your investor visa.
It is the only way to stay here and start a business in the country. You have ample time between the application process and the deposit deadline. So procuring funds should not be a problem. Make sure you have the deadline in mind and have the money at hand to prevent any hassles.
Leverage Residence Status to Expand
As an entrepreneur, expanding your business is the evident goal. Everyone wants to do it at the earliest because expansion leads you a step closer to success. The good thing about the investor visa is that it lets you do more than setting up a business in Italy. Once you have your residence permit, you can travel visa-free in the EU and explore the markets there.
The EU marketplace is rife with opportunity, and there is a great chance of growing. It means you have the opportunity to make it big with a global enterprise. You can prospect leads, schedule client meetings, and fly to attend trade shows and events in the region. The strategic location of Italy puts you in a good place, and easy travel norms make it even better. Leverage it to achieve your entrepreneurial dreams by reaching clients all over the Schengen region.
Plan For Long-Stay with Citizenship – An Useful Investor Visa Advice for Aspiring Entrepreneurs
Setting up your business and expanding it across the EU are not the only reasons that make the Italian investor visa a worthy choice. You can rely on it to unlock the citizenship opportunity and stay in Italy for good. All you need to do is follow the apt route and wait patiently. Your investor visa converts to a residence permit and eventually permanent residence in five years. After a decade in the country, you can apply for citizenship by naturalization.
All you need to do is keep track of the immigration law and fulfill the documentation requirements down the line. You will have to renew your permits before the expiration dates to make the journey smooth. Also, you will need to hold your investment in the country throughout the period. But the effort is worthwhile, considering it gets you one of the most powerful passports in the world.
The best way to reach your entrepreneurial goals with the Italian investor visa is by collaborating with an expert. Only a visa expert can offer invaluable investor visa advice for aspiring entrepreneurs. Trust the person to show you the way from start to end, and help you fulfill your citizenship goals. You can focus on setting up and growing your business in the country while the visa professional handles the immigration formalities on your behalf. Rest assured, you won’t have to worry about missing out on renewal deadlines or citizenship documentation when experts take care of everything.
Sweta is a veteran content creator, passionate traveler, movie enthusiast, music lover (reasonably good singer!), an informed reader …. and a coffee connoisseur! She has over 10 years experience in developing content for small businesses, internet marketing firms, website development companies and internet entrepreneurs. The experience has helped her develop in-depth knowledge about small business online which she now shares on the OnlismallbiZ platform. In her own words, “I am a dreamer and a doer!”