PROTOCOL: EU-04
REGION: Southern Europe
STATUS:

Italy

ENTRY CAPEX €250,000
SYSTEM LATENCY 3-4 Months
PHYSICAL LOAD 0 Days
TAX EXPOSURE Lump Sum (€300k/yr)
/// STRATEGIC UPSIDE
/// VULNERABILITY REPORT
  • The "Dolce Vita" Arbitrage: Italy allows you to maintain full legal residency and Schengen travel rights without spending a single day in the country. You are not required to live there to keep the visa.
  • The "Lump Sum" Shield: For UHNW individuals, the "Non-Dom" tax regime is a fortress. You pay a flat fee of €300,000 per year, and all foreign income (dividends, crypto, capital gains) is legally exempt from further Italian taxation, regardless of whether you earn €1M or €100M abroad.
  • Risk-Free Approval: Similar to the Hungarian model, you are not required to deploy your capital until after you have received the government's "Nulla Osta" (Certificate of No Impediment) and entered the country. If you aren't approved, you don't pay.
  • Lowest Western Entry: The €250,000 "Innovative Startup" route is currently the lowest capital entry point for a G7 nation, significantly cheaper than the €2M Government Bond option.
  • Startup Volatility: The €250k route requires investing in an active Italian startup. This is high-risk venture capital, not a passive real estate hold. The failure rate of startups is high, and your capital is at genuine risk of total loss.
  • The "Billionaire's Price Tag": With the 2026 increase of the Flat Tax to €300,000 (plus €50,000 per family member), this regime no longer makes sense for anyone earning less than €700k–€1M annually in foreign income.
  • Bureaucratic Friction: While the "Investor Visa" unit is digital and fast, converting your visa into a physical residence permit (Permesso di Soggiorno) at the local Questura (police station) remains a notoriously slow and disorganized analog process.
  • PARALLEL /// INTEL CONTACT