With the Budjet Draft Law 2017, the Government want to facilitate Foreign Investments in Italy, by a special Residence Permit for more than 3 Months (art. 26-bis D.Lgs. 286/1998).

Investitors may exceed the maximum number of foreigners permitted in Italy (in accordance with art. 3. co. 4), in case of:

• Investment of min 2.000.000,00 € in Government Bond, to be implemented over 2 years;
• Investment of min 1.000.000,00 € in Share Capital of a Company established and working in Italy, implemented over 2 years (500.000,00 in case of Innovative Start-Up);
• Philanthropic Donation min 1.000.000,00 € in support of a Public Interest Project (Culture, Education, Immigration Management, Scientific Research, Restoration of Cultural Assets and Landscapes) and:

1.  They Show that the amount above are in their own disposal and may be transferred in Italy;
2. They undertake to invest the amount abore with a written declaration, within 3 months from the date of entry in Italy;
3.  They show to have enough resources to live in Italy during the period of residence.
4. The procedure for the verification of requirements is currently being established.

At the end of the verification, Investor will receive a special VISA called “Visto Investitori” with a residence permit of 2 years, renewable for periods of 3 years.

Also in this case, family reunification is allowed (art. 29), they will be eligible for a Family Residence Permit (Permesso di Soggiorno per motivi Familiari) (art.30).