Elective Residence visa
People with substantial passive income who do not intend to work in Italy — retirees, investors, owners of businesses run from elsewhere.
- Steady and adequate income not from employment — pensions, annuities, property or investment income, income from stable business activities; salary is disregarded
- Official letters from banks or financial institutions plus the last 2 years of tax returns
- A registered lease or deed for a property in Italy (a lease of at least one year)
- The visa does not allow you to work for an Italian employer
- No published euro minimum: each consulate assesses whether the income is 'substantial and stable' — expect to show a comfortable margin above the digital-nomad floor of roughly €25,000