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🇮🇹Italy · passive income

Elective Residency Visa

Best for: retirees with high passive income. NO work allowed

Income req
€2,700/mo
€32,400/year
Tax rate
7% flat
Special regime
Processing
60-120d
From submission
Total cost
€916-€2,500
App + lawyer + fees

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Overview

The Elective Residency Visa is one of Italy's primary residency routes for retirees and individuals with stable passive income. Best for: retirees with high passive income. NO work allowed

This visa is designed for non-EU citizens. Minimum monthly income requirement: €2,700 from pension, rental_income, dividends.

After 5 years on this visa, you qualify for permanent residency in Italy. Citizenship becomes available after 10 years of continuous residence.

Tax treatment

Tax treatment

Pensioner 7% flat tax in South Italy (Article 24-ter).

Holders pay a flat 7% rate.

Important: Retirees relocating to municipalities <20K population in South Italy (Sicily, Calabria, Puglia, etc.) get 7% flat tax for 9 years.

Requirements

Application process — step by step

1

Secure accommodation

12-month rental or ownership

⏱ 2-4 weeks
2

Apply at Italian consulate

Submit financial + accommodation proof

⏱ 60-120 days
3

Enter Italy + permesso di soggiorno

1-year initial

⏱ 1-2 months
4

Optional: 7% pensioner flat tax

Move to South Italy <20K population municipality

5

Renew permits, year 5 permanent

Citizenship at year 10

⚠ Common pitfalls

  • ZERO work in Italy — even remote for foreign employer is grey
  • 7% pensioner tax requires moving to specific small towns (not Florence/Rome)
  • Property registration costs vary widely (1-9% depending on type)

Cost breakdown

The total cost of obtaining the Elective Residency Visa ranges from €916 to €2,500, depending on lawyer choice, document translation needs, and country-specific fees.

Family inclusion

Yes — the Italy Elective Residency allows family members to be included as dependents.

Path to permanent residency and citizenship

The Italy Elective Residency is renewable and leads to permanent residency after 5 years of continuous legal residence in Italy.

Citizenship is available after 10 years, subject to language exam (typically A2-B1) and integration interview.

This pathway is therefore valuable not only for relocation but as a long-term route to EU citizenship and freedom of movement across the Schengen area.

Frequently asked questions

Who qualifies for the Elective Residency Visa?

Non-EU/EEA citizenship. €32,000+/year passive income (€38,000+ couple). Long-term accommodation in Italy (1-year lease or ownership). ZERO work in Italy allowed. Available to non-EU/EEA citizens.

How much income do I need for the Elective Residency Visa?

€2,700/month minimum (€32,400/year). Income source must be: pension, rental_income, dividends. €32,000+/year stable passive income (€38K for couple)

What is the tax rate for Elective Residency Visa holders?

Pensioner 7% flat tax in South Italy (Article 24-ter). Flat tax rate of 7%. Retirees relocating to municipalities <20K population in South Italy (Sicily, Calabria, Puglia, etc.) get 7% flat tax for 9 years.

How long does the Elective Residency Visa application take?

Typical processing time is 60-120 days from submission. Plus 2-6 weeks for document preparation beforehand. Account for additional time at consulate appointments and post-arrival residency permit processing.

What does the Elective Residency Visa cost in total?

Application fee: €116. Lawyer assistance (recommended): €800 on average. Total: €916-€2,500 including all fees, translations, and apostilles.

Does the Elective Residency Visa lead to permanent residency?

Yes — after 5 years of continuous residence under this visa, you qualify for permanent residency. Citizenship is available after 10 years.

Can I bring my family with the Elective Residency Visa?

Yes. Spouse income requirement is typically +20% of base requirement. Each child adds 20% to the income threshold.

What are the most common pitfalls with Elective Residency Visa?

ZERO work in Italy — even remote for foreign employer is grey. 7% pensioner tax requires moving to specific small towns (not Florence/Rome). Property registration costs vary widely (1-9% depending on type)

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Last reviewed: 2026-05-01 · Sources: official government immigration websites + verified immigration lawyer firms.
This page is informational only — not legal advice. Visa rules change frequently. Always verify current requirements with a licensed immigration lawyer before applying.