Italy has a Golden Visa program, however it is necessary to fulfill a few requirements to possibly gain permanent residency.
The Golden Visa in Italy is also called “Investor Visa for Italy”, meaning that through an investment in Italy a non-EU national can get a residence visa.
The main concept is to demonstrate to have a certain annual income and, even better, a large investment in Italian properties.
In 2017 Italy introduced a new program namely “Investor Visa for Italy” where the minimum requirement can be:
At this time, Italy does not allow to get Italian Citizenship for pure real estate investment.
However, through an investor visa for Italy you can eventually get Italian Residency and, after 10 years of residency, it is possible to get Italian Citizenship.
The procedure to obtain residency, and then citizenship is long and requires a few requirements, but it is not impossible.
Among other requirements, you need to be a no-EU citizen and have no criminal records.
In order to obtain your investor visa for Italy you first need a certificate of no impediment (Nulla Osta). Once you obtain the Nulla Osta, you can go to the Italian representation in your country of residence where you can apply for a two-years investor visa. This visa can be renewed for further 3 years if you maintain your donation or investment.
After five years of residence, you can become a permanent resident in Italy, and you can obtain Italian citizenship after ten years of residence. Here is how investors acquire Italian citizenship.