Financial independence/ Retirement VISA

ITALY

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Italy is one of the most beautiful countries in the world, where many people want to spend their age and retirement. For this purpose, Italy has offered retirement or financial independence visas for these people; If you are eligible for retirement residence and can afford the cost of living in this country, immigration and residence in this country can bring you happy times. Italian Retirement visa or level D visa is a type of visa for long-term stay in Italy that applicants can use alone or with family members if they have sufficient financial resources.

Benefits of italy financial independence/retirement visa

Obtaining a visa and immigration of retirees to Italy can have many advantages. Among the most important advantages of obtaining an Itay retirement visa, we can mention the following:

By getting this visa, you can benefit from all services in Italy, including free education for your children.
All people who are at least 55 years old can apply for a retirement visa without any worries.
To get this visa, you don’t need a degree or full command of the Italian language.
Retirement visa is one of the best ways to obtain Italian citizenship and residence, which you can obtain with your family or alone.
By receiving a retirement visa from Italy, you can travel to all Schengen countries without the need for investment.

Requirements of getting retired in italy

For the migration of retirees to Italy, various conditions have been mentioned, the most important of which is to have financial capacity and minimum capital to cover welfare costs and pay taxes. All retirees must have a steady monthly income through dividends, pensions or property rentals. People who apply for an Italian retirement visa must have an annual income of at least 32,000 euros, although people who apply for this visa with their spouse must earn 20% more than this amount. In addition, providing all the documents and not having a bad history is another condition for receiving a retirement visa in this country.

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Necessary documents to retire in italy

To get an Italian retirement visa before going to the embassy, you must prepare a series of important documents; Among the most important documents required to obtain a retirement visa in this country are:

Providing all identity and personal documents of the individual and family
Submission of marriage documents
Submission of requested documents and financing documents
Translation of all documents and obtaining necessary approvals
Review and approval of documents by an Italian lawyer
Valid passport of the individual and family members
Visit the embassy and submit your application based on retirement visa
Getting a type D visa
Travel to Italy and apply for residency for yourself and all family members

How to apply for getting permit to retire in italy

The procedure for obtaining an Italian retirement visa is that the applicant must first visit the website of the Italian consulate to find out about all the required documents. After providing the documents, you must make an appointment to apply for a retirement visa in person at the consulate; In these cases, the first thing you should do is show your assets and provide documents such as financial resources, monthly income, no criminal record, number of family members, etc.

So, the first thing to do in order to obtain residence in this country for retirees is to prepare an asset report, keep in mind that all your documents must have at least 4 copies so that you do not face problems after visiting Italy.

After submitting all the requested documents, if your documents are complete and there are no problems, it will take up to 90 days to issue a visa for the individual and family members. You must also obtain an entry form from the local police department before entering Italy; Of course, before traveling to Italy, a person needs to give a series of documents to the embassy for approval.

The cost of retirement visa in italy

In order to retire in italy, it is necessary to spend various expenses, which change annually. All these costs are charged from the applicants to obtain the necessary permits, proof of financial ability, travel costs to and from Italy and costs required at the embassy.

Applicants for an Italian retirement visa must have 31,000 euros in their account; In addition, in the initial stages, it is necessary to spend 116 to 118 euros to get a visa, translate documents and apply. So, as you can see, in order to receive this visa, you must be able to pay all the necessary expenses and have some money in your account to buy or rent a property. To know the exact cost of obtaining an Italian retirement visa, it is better to first consult with immigration consultants like andishe who can help u to get that as soon as possible in the best and reasonable way.

The time required for the issuance of an italy retirement visa

The duration of the issuance of the Italian retirement visa depends on things such as the time of application, the number of family members and whether or not your documents are complete. If you have submitted all the necessary documents and there is no problem in your submission or registration process, it will take 1 to 3 months for the final result to be announced and your visa to be issued. If you provide wrong or incomplete documents, it may take 3 to 4 weeks to complete and submit your documents again; So, to reduce the duration of visa issuance, first complete your documents with the help of an expert in this field and then send them so that your visa issuance time is also reduced.

Frequently Asked Questions about retirement permit in italy

Is it possible to extend the Italian retirement visa?

Yes; You can renew it after 5 years of living in Italy; In addition, you can also apply for citizenship and permanent residence in this country.

Is it possible to get an Italian retirement visa absent?

Yes; People who do not have the conditions for continuous travel between cities to receive a visa in person, can receive their visa in person and by mail.

What action should be taken if the documents are not accepted for obtaining a retirement visa in Italy?

If your application for an Italian retirement visa is rejected, you will first receive a letter from the competent authorities explaining the reason, in this letter it is explained whether you can apply for a visa again or not.