Elective Residency Visa
🇮🇹 Italy visas · Retirement
What it is
Italy's retirement and passive income visa for those who can demonstrate sufficient financial independence. No work rights. Italy also offers a special flat-tax regime for high-net-worth retirees moving from abroad.
Key facts
- Category
- Retirement
- Duration
- 1 year, renewable annually. Permanent residence after 5 years.
- Processing time
- Up to 13 weeks
- Extendable
- Yes
- Path to permanent residence
- Direct route
- Dependants
- No
- How to apply
- Mixed
- Health insurance
- Required
Standard figures for this route. Some applicants pay a reduced fee or none at all, so confirm your own case on the official page.
Fees
- Application fee (National long-stay visa, type D (lunga durata))
- EUR 116
Key requirements
- Proof of stable passive income of at least EUR 31,000 per year (pension, investments, rental income)
- Accommodation in Italy (rental or owned property)
- Health insurance covering Italy
- No criminal record
- Genuine intention to reside in Italy
Facts checked against the official source. Last updated 4 August 2026.