Italy Elective Residency Visa Renewal and Residency Rules
The italy elective residence visa is a long-term visa designed for non-EU nationals who wish to live in Italy without engaging in employment or professional activities. Also known as the elective residence visa Italy, it is particularly popular among retirees, financially independent individuals, and those with stable passive income. The key requirement for this visa is proof of sufficient financial means to support oneself throughout the stay in Italy without relying on local employment. Applicants must demonstrate consistent passive income sources such as pensions, investments, rental income, or other lawful recurring revenues. The elective residency visa for Italy allows non-EU citizens to reside in Italy for long periods, usually initially for one year, with the option for renewal. While the visa grants entry, obtaining a residence permit (Permesso di Soggiorno) is mandatory to legalize long-term stay. The italy elective residency visa appeals to those seeking stability, high qual...