Foreigners can immigrate to Italy for personal or business purposes. The good news is that in recent years, Italy has entered the ranks of countries which have enabled programs for obtaining a residence permit by investing in this country, also known as golden visa for Italy. The latest change in the residence permit by investment program in Italy was introduced in 2017. Foreign citizens from non-EU countries interested in immigration by investment in Italy will first obtain permanent residence permits which can later be converted into Italian passports.
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