With the global economy opening up, entrepreneurs are keen to explore the international markets. As an aspiring business owner, you may think beyond export and import and set up a venture abroad. Italy is a hub for global entrepreneurs as it offers the best of everything, from fair trade regulations to open markets, an excellent family lifestyle, and easy immigration. According to Investor Visa experts for Italy LLC, this is an ideal immigration route for most entrepreneurs because of the minimum eligibility requirements. But you must take a strategic approach for a smooth launch of your global business in Italy. Here is some valuable investor visa advice to follow.
Know your investment capacity
Before starting with the investor visa process, you must decide on your investment capacity. The financial part is often the most daunting concern for global business aspirants. You will probably have a shoestring budget, and spending millions on immigration sounds challenging. Luckily, the Italian investor visa process starts with a minimum investment value of €250,000 as funding for an innovative startup. You have other options that are higher in value. Seek expert advice on them, and pick an ideal match for your financial readiness.
Sort out the documentation
Although the Italian investor visa process requires hefty funding, you can complete it without bringing anything to the country. You only need to provide proof of funds to validate your investment capacity and obtain a certificate of no impediment (nulla osta). Your bank statements are the mainstay of the process, so arrange them in advance. Also, complete other documents like your IDs, family IDs, and income proof indicating the capacity to support your family members.
Fly in with your funds
Bringing the committed funds to Italy after obtaining your investor visa is the next step on the checklist of strategies. After all, you will expect to launch your business sooner than later. Having the funds at hand is essential because you must deposit them within three months of obtaining your residence permit. Once you sort out the deposit part, you can go ahead with your venture.
Embark on a global expansion
Launching a business in Italy is your first step to a global expansion. In fact, it is your chance to capture the entire EU market as you can travel visa-free to these countries being an Italian resident. Traveling to these markets is a breeze, whether you want to participate in international trade shows, prospect clients, or set up meetings. Embark on your global expansion spree sooner than later.
Stay for the long haul
Staying for the long haul should be a part of your investor visa strategic planning. After all, you will expect to reap the benefits of your hard work and pass it on to the next generations. The good thing is that you have a chance to do it because the Italian investor visa opens the road to citizenship by naturalization. You only need to renew your residence status and stay in the country for a decade. Also, be prepared to retain your investment throughout this period.
The Italian investor visa is a gateway to launching a business venture in the country. Taking a strategic approach enables you to succeed as an entrepreneur, set up a home in Italy, and stay back for good.