🏠 OVERVIEW
Country
🇮🇹 Italy
Program
Italy Elective Residency Visa
Local Name
Visto per Residenza Elettiva
Type
Retirement
Status
Active
Initial Duration
12 months
Renewable
Yes
(24 mo)
Min Stay
183 days
per 12 months
Long-term visa for non-EU retirees and financially independent individuals. Requires approx EUR 32,000/year passive income. No employment permitted.
💰 FINANCIAL REQUIREMENTS
Income Requirement
EUR 2,667/mo
(~$3,067 USD)
Pension Requirement
$3,067/mo
Application Fee
$116
📋 ELIGIBILITY
Min Age
18+
Criminal Record Check
Required
Health Check
Not required
Health Insurance
Required
💼 WORK RIGHTS
Employment
Not allowed
Self-Employment
Not allowed
Own Business
Not allowed
Work Permit Included
No
👨👩👧 FAMILY & DEPENDENTS
Dependents Allowed
Yes
Spouse Included
Yes
Max Child Age
18
Parents Allowed
No
💰 TAX DETAILS
Tax Regime
Worldwide
Regime Name
Progressive 23-43% or flat tax (EUR 300k on foreign income)
Foreign Income Taxed
Yes
Capital Gains Taxed
Yes
🏆 PATH FORWARD
Permanent Residency
Yes
Years to PR
5 years
Dual Citizenship
Allowed
Citizenship
Yes
Years to Citizenship
10 years
Language Required
B1
🌍 BENEFITS & MOBILITY
Schengen Access
Yes
Bank Account
Can open
Property Purchase
Allowed
Public Healthcare
Access granted
Primary Residence
Required
📝 HOW TO APPLY
Method
consulate
Processing Time
30–90 days
Apply from Abroad
Yes
📝 NOTES
NOT the Investor Visa — no business investment needed. Passive income from abroad only; savings alone insufficient. Italian lease min 1 year or property deed required. 183+ days triggers tax residency. Health insurance min EUR 30k. ~EUR 32k single, ~EUR 38k couple. Flat tax regime (EUR 300k/year) available from 2026.
📋 ALSO IN ITALY
Italy also offers a digital nomad visa for remote workers:
- Digital Nomad Visa (digital nomad visa)
🧭 CONTINUE EXPLORING ITALY ELECTIVE RESIDENCY VISA