"But if you've researched Italian residency requirements even a little, you might have come to a scary conclusion: It seems expensive. Many visa types ask for substantial savings, steady income, or a job contract that ties you to an Italian employer. And if you're staring at your bank account thinking, I have less than $3,000 that's impossible, you're not alone."
"Italy has several residency pathways that do require strong financial documentation: The Elective Residency Visa (retirement-style residency) requires passive income and often expects 31,000+ annually. The Digital Nomad Visa requires documented remote income, typically around 28,000 per year. The Self-Employment Visa involves complicated quotas, paperwork, and sometimes 10,000+ in liquidity. The Investor Visa starts at 250,000. So yes, if you're following the mainstream routes you need money. But those aren't the only routes. There are less restrictive,"
Many people assume Italian residency requires large savings because common visa routes demand strong financial documentation. The Elective Residency Visa expects passive income often above €31,000 annually. The Digital Nomad Visa typically requires documented remote income around €28,000 per year. The Self-Employment Visa can involve quotas, heavy paperwork, and liquidity requirements near €10,000. The Investor Visa starts at €250,000. Alternative pathways such as study, work contracts, family reunification, or other less restrictive visa categories can reduce upfront costs. Strategic planning, lifestyle adjustments, and realistic expectations can make residency achievable with limited savings.
Read at www.wanderwithjo.com
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