I am preparing my application for the Italian investor visa. I understand that initially I will get a two-year resident permit and can extend it for another three years. However, I also learned that after living in Italy for 10 years, one becomes eligible for citizenship. How many times can I extend my permit? Does the performance of my business impact my ability to extend it?
Answers
Applying for Italian citizenship is not mandatory, as you could opt not to get it for any reason. Therefore, you will be able to extend your investor visa as many times as suits you best, provided you keep all requirements in place. I can confirm you initially will get a two-year resident permit and can extend it for another three years, but then you will be able to extend again until you reach 10 years of staying in Italy to be able to become eligible for citizenship as specified above. Obviously, the performance of your business impacts your ability to extend it if you close it or become bankrupt.
Applying for Italian citizenship is not mandatory, as you could opt not to get it for any reason. Therefore, you will be able to extend your investor visa as many times as suits you best, provided you keep all requirements in place. I can confirm you initially will get a two-year resident permit and can extend it for another three years, but then you will be able to extend again until you reach 10 years of staying in Italy to be able to become eligible for citizenship as specified above. Obviously, the performance of your business impacts your ability to extend it if you close it or become bankrupt.
Applying for Italian citizenship is not mandatory, as you could opt not to get it for any reason. Therefore, you will be able to extend your investor visa as many times as suits you best, provided you keep all requirements in place. I can confirm you initially will get a two-year resident permit and can extend it for another three years, but then you will be able to extend again until you reach 10 years of staying in Italy to be able to become eligible for citizenship as specified above. Obviously, the performance of your business impacts your ability to extend it if you close it or become bankrupt.
