
Italy:
Elective Residency Visa (ERV)
Ideal for retirees and high-net-worth individuals with substantial passive income (e.g. pensions, real estate rentals, investment interest) who do not intend to work.
Duration
1 year, renewable annually.
Permit Scope
Leads to permanent residency after 5 years, requires physical presence.
MEA Legalisation
Apostille & document translation
"Reside in Italy without working, supported by passive income."
task_altCore Eligibility Criteria
- check_circleMinimum passive income of €31,160/year (or €38,000/year for couples).
- check_circleProof of property ownership or registered long-term rental contract in Italy.
- check_circleHealth insurance with €30,000 annual coverage and zero co-payments.
- check_circleAbsolutely no employment or business activity permitted.
fact_checkComprehensive Document Checklist
Check all mandatory papers required for submission at the Italy Embassy / Consulate.
1. General Identity & Application Papers
- checkNational Visa Application Form.
- checkPassport and biometric photos.
- checkProof of passive financial resources.
2. Critical Certificates & Translation Requirements
Registered rental contract or property title in Italy.
Official certificates of pensions, dividend distributions, or real estate rents.
Background check with Hague Apostille and Certified Translation.
Italian or global policy covering residency stays in Italy.
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Common inquiries regarding Italy Elective Residency application requirements.