Entrepreneurial Advice For Italian Investor Visa
Being an entrepreneur is one thing, and having global business dreams is a different ball game altogether. The challenges of breaking into a market overseas are unimaginable, but the rewards make it worthwhile. Not surprisingly, countless entrepreneurs try their luck with the idea every year. Choosing the right destination makes a difference because some countries have a more business-friendly environment than others.
Italy is an excellent place to launch an international venture because it has the best of everything between lucrative markets and easy immigration norms. According to the team of Investor Visa for Italy LLC, you can land in the country and start your venture within months with the Italian investor visa. Let us share some valuable entrepreneurial advice for this immigration option.
Pick the minimal investment alternative
Startups often run on shoestring budgets, so entrepreneurs need to spend frugally. With the Italian investor visa, you have the choice to manage the immigration expenses according to your budget. You can explore multiple investment alternatives, ranging between €250,000 and €2 million. Experts recommend sticking with minimal investment alternatives to ensure that immigration does not disrupt your startup budget.
Get your bank statements ready
The process for the Italian investor visa is relatively simple as it has only two steps that complete within months. But you need to get your bank statements ready to close at the earliest. Although you need not bring in the funds at the application stage, you must provide the bank statements showing your capacity to invest to obtain a certificate of no impediment. Having your bank statements ready gives you a head start.
Arrange the funds before landing
Another piece of advice entrepreneurs must follow is to arrange the funds before landing. You have to deposit the committed amount within three months of getting the Italian residence permit. So having your funds ready keeps you on the safe side. The good thing is that you can get your loved ones along without depositing additional amounts for them. But you will need to verify your capacity to support them with proof of income.
Leverage the power of residency
Once you get your Italian residence permit, you must leverage it to expand your business. Being a resident gives you the freedom to travel across the EU without visa formalities. It is a massive advantage for your startup as you can explore global markets, prospect clients, and attend international trade shows on the fly. Be ready to leverage the power of residency to set up your business for success.
Be willing to invest for the long haul
The most significant tip for entrepreneurs looking to set up abroad with the Italian investor visa is to be willing to invest for the long haul. Staying in the country for a decade and holding the funds for this period makes you eligible for citizenship by naturalization. You can stay back for good and reap the benefits of your hard work by obtaining Italian citizenship. The best part is that you and your family acquire one of the most powerful passports.
Following these insights sets you up for success with a smooth investor visa journey. You can get in with minimal investment and an easy process and stay for good as an Italian citizen.