
Elective Residence Visa and Taxes: A Guide for American Retirees in Italy
How U.S. retirees in Italy are taxed under the Elective Residence Visa. Learn about the ItalyβUS tax treaty, 7% flat tax, and southern Italy incentives.
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Everything you need to know about the elective residence visa
Do you dream of living in Italy, enjoying its unique lifestyle, Mediterranean climate, art and culture without worrying about work?
The elective residence visa is the perfect solution for those who want to relocate permanently to Italy with the security of a visa dedicated to those with independent financial means. It is the ideal visa for retirees, entrepreneurs, professionals or anyone who wants to live in Italy while maintaining their independent lifestyle.
With this visa you open the door to an authentic life experience in the heart of Europe, where every day is an opportunity to discover something new.
Ready to start your journey? Follow the steps below to understand the complete process.
May apply for this visa:
Non-EU citizens with demonstrable and stable financial availability of at least 31,000 euros per year for the main applicant (indicative amount)
Who meet the following requirements:
Those who have income or assets sufficient to guarantee sustenance without engaging in work activities in Italy
It is necessary to have accommodation in Italy (registered rental contract or property ownership)
Complete health coverage, private or enrollment in the National Health Service
It is not permitted to work or engage in professional activities in Italy with this visa
Timeframes for visa issuance
Processing times may vary based on the country where the application is submitted
How and where to submit the application
Application submission abroad is mandatory; it cannot be requested from within Italy
Complete document checklist for your application
All foreign documents must be apostilled (for countries adhering to the Hague Convention) or legalized at consulates, and subsequently translated into Italian with sworn translation.
With Future Italian we manage the entire elective residence visa process, from eligibility assessment to consular application submission. We guide you through every step with the expertise of those who know every detail of Italian regulations for elective residence visas.
From start to finish: here's everything that happens step by step
Tailored consultation to determine if the Elective Residence Visa is the right solution for you. Verification of financial requirements and specific case assessment.
Complete support in preparing and verifying all documentation, avoiding errors and delays. Coordination of translations and legalizations.
Assistance in completing and submitting the application, with management of consular appointments. Appointment scheduling at Italian Consulate or Embassy.
Constant monitoring of the application and transparent communication at every step. Management of any supplementary requests from the Consulate.
After approval, the visa will be affixed to the passport. Planning entry to Italy within the visa validity period.
Post-issuance assistance for residence permit, civil registry registration and any bureaucratic needs in Italy. The permit has a duration of 1 year and is renewable.
π Your elective residence visa has been approved! You can now live in Italy enjoying your financial independence.
The complete elective residence visa process from application submission to residence permit issuance in Italy.
Average processing time
The elective residence visa requires thorough knowledge of consular procedures and specific financial requirements. With Future Italian, every step is guided by experts who understand the importance of achieving independence and serenity in Italy.
Tailored consultation to determine if the Elective Residence Visa is the right solution for you. Assessment of financial eligibility and specific case analysis.
Complete support in preparing and verifying all documentation, avoiding errors and delays. Coordination of sworn translations and legalizations.
Assistance in completing and submitting the application, with management of consular appointments. Support throughout the entire submission process.
Constant monitoring of the application and transparent communication at every step. Management of any supplementary requests from the Consulate.
Post-issuance assistance for residence permit, civil registry registration and any bureaucratic needs in Italy. Assistance for future renewals.
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