About Italy
Italy offers the elective residence visa for those with passive income. The process can take up to 4 months, requiring proof of funds of at least €31,000 per year.
Benefits
- Rich cultural and historical heritage
- Renowned food and lifestyle
- Accessible public healthcare for residents
- Citizenship by descent available to many applicants
Challenges
- Layered and slow bureaucracy
- Sluggish labour market and low wages
- Marked economic gap between north and south