Thousands of young people have foreign entrepreneurship dreams, but many give up midway. Surprisingly, the challenges of immigration are one of the main reasons they lose their way. But opting for the right destination can prevent these challenges and ease your journey. Italy is among the best destinations for starting a new business because it offers a viable combination of lucrative opportunities and easy immigration.

You can rely on the investor visa route to get a head start with your venture. You can click on this Mbersanilaw.com for more details about the investor visa eligibility and process. Here are some valuable insights on making foreign entrepreneurship a breeze with the Italian investor visa.

Choose an investment alternative that works for you

Although the investor visa fast tracks immigration, the investment part often sounds daunting to entrepreneurs. After all, bringing an investment worth millions is seldom viable for the shoestring budgets of startups. Thankfully, things are easy with the Italian investor visa as it lets you get in with a minimum amount of  €250,000 as funding for an innovative startup in Italy. Of course, you have other options that cost more, but this one actually makes the investor visa affordable for entrepreneurs.

Money has to come much later

Besides providing affordable investment alternatives, another money benefit of the Italian investor visa is that funds have to come much later. In fact, you can complete the entire process with only bank statements as proof of funds. You can even land in Italy and obtain a residence permit before bringing the money. The deadline for getting the committed funds falls three months after obtaining your residence permit. At this stage, you can start your business in Italy. Another financial upside of the Italian investor visa is that your family can come along without extra investment. So you can set up your business and home in the country.

Explore excellent business growth prospects

The Italian investor visa also opens excellent business growth prospects for foreign entrepreneurs. Getting a residence permit enables you to travel visa-free across the EU. You can look for fresh clients, develop new markets, and extend your outreach across the Schengen region. It is only a start for your entrepreneurial journey as you can stay in Italy for good. The investor visa converts into a two-year residence permit right after landing in Italy. You can renew it for another three years and become eligible for permanent residence after completing five years in the country. The next step is to get citizenship by naturalization after a decade in Italy. Retaining your investment makes you eligible for a long-term stay until you become eligible for naturalization status.

Although the Italian investor visa is the ideal immigration tool for global entrepreneurs, you cannot take the ease of process for granted. Any error in your paperwork can cause delay and even rejection. The last thing you want to face is such a situation as it can derail your plans. Collaborate with an expert and let them guide you through the process so that you can focus on establishing your venture.

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Annie Bell is an avid reader and entrepreneurship specialist at Submitcore. Her expertise revolves around researching the latest business trends, analysing changing economic narratives, and writing for the youth of the business world.