Nomad Watch

France French Tech Visa vs Italy Elective Residency Visa

Residency program comparison: France and Italy. Income, fees, tax, duration, work rights and pathways.

Overview

Overview
FR France French Tech Visa IT Italy Elective Residency Visa
Country France Italy
Program type Startup Retirement
Status Active Active

At a glance

At a glance
FR France French Tech Visa IT Italy Elective Residency Visa
Initial duration 48 mo 12 mo
Monthly income $2,096 / mo $3,067 / mo
Application fee $230 $116
Tax regime Worldwide Worldwide
Renewable Yes Yes

Financial requirements

Financial requirements
FR France French Tech Visa IT Italy Elective Residency Visa
Monthly income $2,096 / mo $3,067 / mo
Annual income $25,157 $36,800
Monthly pension — $3,067 / mo
Application fee $230 $116

Duration and renewal

Duration and renewal
FR France French Tech Visa IT Italy Elective Residency Visa
Initial duration 48 months 12 months
Renewal duration 48 months 24 months
Renewable Yes Yes
Minimum stay — 183 days

Tax regime

Tax regime
FR France French Tech Visa IT Italy Elective Residency Visa
Tax regime Worldwide Worldwide
Tax regime name Progressive income tax 0-45% Progressive 23-43% or flat tax (EUR 300k on foreign income)
Foreign income taxed Yes Yes
Capital gains taxed Yes Yes

Work rights

Work rights
FR France French Tech Visa IT Italy Elective Residency Visa
Employed work Yes No
Self-employed work Yes No
Own business Yes No
Work permit included Yes No

Requirements

Requirements
FR France French Tech Visa IT Italy Elective Residency Visa
Criminal record check Required Required
Health check Not required Not required
Degree Not required Not required
Professional experience Not required Not required
Language (for citizenship) Required Required
Endorsement Required Not required

Family and dependents

Family and dependents
FR France French Tech Visa IT Italy Elective Residency Visa
Dependents allowed Yes Yes
Spouse included Yes Yes
Maximum child age 18 18
Dependent parents No No

Pathways

Pathways
FR France French Tech Visa IT Italy Elective Residency Visa
Path to permanent residency Yes(5 yrs) Yes(5 yrs)
Path to citizenship Yes(5 yrs) Yes(10 yrs)
Grants direct citizenship No No
Dual citizenship allowed Yes Yes

Benefits

Benefits
FR France French Tech Visa IT Italy Elective Residency Visa
Schengen access Yes Yes
Open a bank account Yes Yes
Buy property Yes Yes
Public healthcare access Yes Yes
Health insurance Not required Required

Application

Application
FR France French Tech Visa IT Italy Elective Residency Visa
Method Consulate Consulate
Processing time 28–56 days 30–90 days
Apply from abroad Yes Yes
Local representative Not required Not required