Investor visa guide- how to set up a global retail chain in Italy
The retail domain is rife with competition, but immense growth opportunities make it a lucrative one. Not surprisingly, more and more entrepreneurs are keen to join the bandwagon.
In fact, global retail is big, specifically in markets like Italy and the EU countries. It is a great time to dive in and establish a retail chain in this part of the world because growth is assured.
The best part is that immigration is easier than you imagine because the Italian investor visa can get you through within months.
If you want to ease your immigration journey, these professionals can assist you in the process from start to end. Here is a short investor visa guide to help set up a global retail chain in Italy.
Be investment ready
Since the investor visa is a funding-based process, you must be financially ready in the first place. The good thing is that the funding value is less daunting for the Italian investor visa compared to other countries.
You can buy residency with thousands rather than millions because a starting investment of €250,000 can get you in. There are more funding options, but it is easy to get in with the minimum. Dig deep into the alternatives and decide on the one that works for you.
Put your finances on paper
Once you are sure about your financial capacity, you must put your finances on paper.
It is as simple as depositing the funds in a bank account and getting a bank statement for them. The bank statement serves as valid proof of funds for the nulla osta process.
You only need to show the paperwork at this stage, and the actual money has to come only later. The best part is that you can fulfill your global retail dream within months because the process is fast and easy.
Have real funds at hand
Although bank statements suffice until the completion of the investor visa process, you must have funds at hand before landing in Italy. The deadline to deposit them is within three months of obtaining your residence permit.
Depositing the committed amount seals the deal, so you can go ahead and establish your retail business in Italy right after closing the final step.
Plan your growth trajectory
The Italian residence permit allows you to start a business in Italy, but its benefit extends far beyond. You can leverage it to take your retail chain beyond the local markets and explore the entire EU region.
You can travel visa-free to these countries, so prospecting markets, meeting clients, and finding partnerships to set up branches is not a daunting challenge. Plan your growth trajectory early and unlock opportunities sooner than later.
Think long-term
Although the Italian investor visa opens you up to a residence permit of two years, it serves as a road to citizenship. You can think long-term because you qualify for a second passport eventually, so you can stay forever and reap the benefits of your hard work.
You can even bring your family to Italy without additional investment, and they also become eligible for citizenship after a decade.
Italy is one of the best countries to set up a global retail chain, and the investor visa covers you on the immigration front. Collaborate with experts to start the journey and build a business from scratch.
Author bio
Sara Jones is an experienced content writer specialising in legal and business niches.
She works as a content lead at Outreach Monks. Sara aims to help entrepreneurs set up and grow their businesses in different countries. She connects with her audience by simplifying the information for them.
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