France French Tech Visa vs Italy Elective Residency Visa
Residency program comparison: France and Italy. Income, fees, tax, duration, work rights and pathways.
Overview
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|---|---|---|
| Country | France | Italy |
| Program type | Startup | Retirement |
| Status | Active | Active |
At a glance
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|---|---|---|
| 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
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|---|---|---|
| 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
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|---|---|---|
| Initial duration | 48 months | 12 months |
| Renewal duration | 48 months | 24 months |
| Renewable | Yes | Yes |
| Minimum stay | — | 183 days |
Tax regime
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|---|---|---|
| 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
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| Employed work | Yes | No |
| Self-employed work | Yes | No |
| Own business | Yes | No |
| Work permit included | Yes | No |
Requirements
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| 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
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| Dependents allowed | Yes | Yes |
| Spouse included | Yes | Yes |
| Maximum child age | 18 | 18 |
| Dependent parents | No | No |
Pathways
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|---|---|---|
| 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
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|---|---|---|
| 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
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|---|---|---|
| Method | Consulate | Consulate |
| Processing time | 28–56 days | 30–90 days |
| Apply from abroad | Yes | Yes |
| Local representative | Not required | Not required |