What happens after I hold an Italian investor visa for five years?

What is the next stage after obtaining an Italian investor visa and then extending it if I want to keep living and working in Italy? Do I still have to keep my original investment (for instance, the equity investment)? I was told that there is an option to apply for permanent residency (an EC resident permit). What are conditions of applying for an EC resident permit?

Answers

On Alessia Ajelli answered:

Yes, the government confirmed that after five years of regular residency in Italy, foreign citizens can choose whether to renew the investor resident permit for a further three years, under the conditions mentioned above, or apply for an EU resident permit for long-term residents (permanent residency).

On Marco Mazzeschi answered:

Yes, the government confirmed that after five years of regular residency in Italy, foreign citizens can choose whether to renew the investor resident permit for a further three years, under the conditions mentioned above, or apply for an EU resident permit for long-term residents (permanent residency).

On Andrea Parisi answered:

Yes, the government confirmed that after five years of regular residency in Italy, foreign citizens can choose whether to renew the investor resident permit for a further three years, under the conditions mentioned above, or apply for an EU resident permit for long-term residents (permanent residency).

On Carlo Umberto Rossi answered:

Yes, the government confirmed that after five years of regular residency in Italy, foreign citizens can choose whether to renew the investor resident permit for a further three years, under the conditions mentioned above, or apply for an EU resident permit for long-term residents (permanent residency).