28 February, 2020
Which investments qualify as investments into a “company incorporated and operating in Italy” under the Golden VISA legislation?
Under Italian immigration law, one of the options to qualify for Golden VISA is to “invest at least € 1 million in equity instruments of a company incorporated and operating in Italy, to be held for at least 2 years“;
Pursuant to Interministerial Decree of 21 July 2017, investments qualifying for Golden VISA are equity investments into:
- “companies incorporated and operating in Italy” as “corporations, incorporated and resident in Italy pursuant to Article 73 of the Income Tax Code ” including both listed and non listed companies;
- asset management companies including, SICAV, SICAF, SGR and SIM;
- investment funds.
