Italy introduces high net worth quota immigrants

Italy introduces high net worth quota immigrants

The "Detailed Rules for Implementation" of the plan specifies how to require the application of the new system, the content of the ruling request that must be submitted in order to enter the system, the time limit, and the disclosure obligation of assets held overseas (non-existent). Generally speaking, these regulations are very beneficial to those who wish to immigrate to Italy as new residents. The Regulations clearly stipulate that "new residents" do not need to disclose any assets held abroad before immigrating to Italy in the adjudication request or tax return. During the implementation of this law, it is not required to disclose these assets held abroad, because "new residents" do not need to fill in the part of the tax return in which ordinary Italian residents disclose their assets held abroad (RW part).

First, the advantages of Italian immigrants' high-net-worth immigration projects

1. You don't have to pay taxes again after donating to the Italian government.

You can get the right of abode in about 2.3 months.

3. There is no asset source requirement, no need to buy a house, no need to invest, no need to set up a company.

With basic medical insurance, you can enjoy free medical care without buying medical care.

5. Enjoy high-level free public education in Italy. 6. Live freely in Italy without an immigration supervisor.

Second, the application conditions for Italian immigrants

1. No crime.

2. Italy has no complete annual residence history in recent 10 years.

3. It is necessary to donate 654.38 million euros to the Italian government for five consecutive years, with an increase of 25,000 euros for each additional applicant.

Third, the handling fee

Principal applicant: 45,000 euros.

45,000 euros for a family of three (1children under 8 years old)

Increase the number of deputy applicants: 2,500 euros/person.

Further reading: notes for Italian immigrants entering the country

I. Visa

A visa is a document for foreigners to enter the artistic conception. The visa is issued by the Italian embassy or consulate of the applicant's country. Residents of China, Hong Kong and Macao who stay in China for less than 90 days for tourism, business, official business and sports competitions do not need to apply for entry visas. Other China citizens must apply for an entry visa, even if their stay does not exceed 90 days.

Embassies and consulates in China issued a 19 visa, and the applicant should provide relevant materials according to different visa requirements. More information can be found on the embassies and consulates in China website.

Second, entry and exit.

According to Article 5 of the Schengen Treaty, citizens of non-Schengen countries must meet the following conditions:

(1) Entry from border ports;

1. Hold a valid passport recognized by the Italian government or a travel document with the same effect (this document should allow the holder to return to the issuing country freely);

2. Possess documents that can prove their entry purpose and stay conditions, and prove that they have sufficient funds to ensure that they care about the expenses during their stay and pay the travel expenses for returning home or going to a third country. (excluding foreigners who have lived in Schengen and obtained formal residence);

(2) Holding a valid entry or transit visa;

1. Foreigners who have already lived in Schengen countries and obtained formal residence can be exempted from visas if their stay time is less than 3 months. However, if you enter Italy for work or internship, you will not enjoy the above visa-free treatment.

2. Foreigners who have obtained official residence can also be exempted from visas.

(3) No entry permit record;

(4) It is not considered as a threat to public order, national security and international relations in Italy.

(5) People who do not meet any of the above conditions will be refused entry by the Italian border guards even if they hold entry or transit visas.

Special note: the Italian government attaches great importance to child trafficking, so if you bring underage children into the country, you need to prepare a notarization of kinship. If you let someone else take it, you need to prepare a power of attorney to prevent customs inspection. Don't carry counterfeit products, or you may be severely punished.