Since 2012, Italy has implemented a Start-up law in order to
encourage the creation and development of innovative start-ups.
The Start-up policy is designed to promote technological
development, employment, and entrepreneurial culture in Italy by
issuing with residency permit the non-EU talents determined to
establish innovative startups in Italy.
Since the Italian immigration law is rather strict, this new
policy offers non-EU citizens an alternative and quick way to
transfer their residency to Italy and benefit of certain advantages
in taxes and investment.
To be eligible, applicants must meet the following
Introduce an innovative business idea (a specific Committee
would evaluate it);
Invest at least €50.000 to develop their innovative
There are two routes to apply for the Italian visa:
1. Direct startup visa application;
2. Application through a licensed business incubator.
Both routes offer the entrepreneur a priority application and
certain benefits in Italy.
In the first case the applicant submits a request to the above
mentioned Committee which evaluates the innovative business plan
and verify other requirements. After this procedure the Committee
may or may not issue a Certificate of No Impediment.
On the contrary, if a certified incubator is willing to host the
non-EU national on its premises to establish an innovative startup,
and has signed an invitation letter, it is sufficient for the
Committee to issue its Certificate of No Impediment without further
Once this Certificate of No Impediment is issued by the
Committee, the local police needs to issue an authorisation for
After this procedure the applicant may request an entry visa at
a competent consular authority submitting all the above mentioned
certificates; documentation demonstrating that applicants possess
certified financial resources of at least €50,000 to develop
their innovative startup; a proof of a suitable accommodation and
If all goes well, an entrepreneur is granted with an entry visa
and may obtain a residency permit once arrived to Italy.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
The recent amendments to the Naturalisation of Investors in Cyprus by Exception Scheme, based on subsection (2) in Section 111A of the Civil Registry Laws of 2002-2015 was approved by the Cyprus Council of Ministers on the 13 September 2016.
Due to continuing uncertainty following the Brexit vote, EEA nationals who qualify are acting now to secure their right to stay in the UK.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).