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Italy Country Profile Summary
| Attribute | Details |
|---|---|
| Capital | Rome |
| Population | 60.36 million |
| Area | 301,340 square kilometers |
| Official Languages | Italian |
| Major Religion | Christianity (Roman Catholic) |
| Form of Government | Parliamentary Republic |
| Currency | Euro |
| Exchange Rate | 1 EUR = 1.09 USD |
| Global Access | 188 countries |
Country Profile
Italy is a culturally rich country with a strong economy, beautiful landscapes, and vibrant cities. It is a key destination for investors and business travelers alike, offering opportunities in sectors such as fashion, tourism, manufacturing, and technology. The flow of business and immigration has increased due to Italy’s investment programs, quality of life, and favorable business environment. GDP, employment rate, and global rankings show that Italy offers lucrative opportunities for foreign investors and families looking to settle.
Italy Citizenship by Investment Program
| Investment Type | Minimum Cost | Retention of Property | Family Members Allowed | Time to Citizenship |
|---|---|---|---|---|
| Real Estate Purchase | 500,000 EUR | 3 years | Spouse and children under 18 | 12–18 months |
| Business Investment | 1,000,000 EUR | 3 years | Spouse and children under 18 | 12–18 months |
Real Estate Purchase
Investors can acquire citizenship by purchasing property worth a minimum of 500,000 EUR. The property must be retained for at least three years, during which investors can benefit from any rental income or appreciation in value. This method allows citizenship acquisition without requiring long-term residence.
Investment in Business
Investors can also acquire citizenship by making a capital investment of at least 1,000,000 EUR in an Italian business or by creating jobs for at least 10 Italian residents. The investment must be retained for three years, and it provides opportunities for high returns while meeting citizenship requirements.