Italy: Your Ideal Destination for Immigration and Investments - Discover the Compelling Reasons

Firstly, it is a beautiful country with a mild climate, diverse nature and magnificent urban architecture. It's really nice to live and work here.

Secondly, Italy is a country with a developed economy. It is hard to believe for tourists who see stunning beauty and a somewhat relaxed lifestyle around, but the republic ranks 3rd in terms of GDP in Europe and 8th in the world, and in terms of industrial production in Europe, Italy is second only to Germany.

From a business point of view, in addition to the domestic market (population about 60 million people), the borders of the entire European Union (population about 450 million people) are open for Italian companies. The "Made in Italy" label on your product or service is itself a brand and can promote your product.

Those who like high technologies will be interested to know that one of the most modern technoparks in the world, Tecnopolo, has been built in Rome.

Rome's Technopolis, which serves as the Italian equivalent of California's Silicon Valley, was planned with an eye toward Italian aesthetics, with a number of low-rise structures featuring a variety of modern architectural styles tucked among attractive Roman pine trees and evergreen flowering shrubs. Over 150 high-tech businesses call the complex home, together with two of the most well-known business incubators for start-ups.

When it comes to immigration, Italy stands as an exceptionally welcoming nation. Rome airport Roma Fiumicino connects Italy with the whole world; it proudly holds the prestigious accolade of being Europe's best airport for consecutive years.  Italy boasts a robust internal transport network, ensuring convenient travel within the country. Moreover, the realm of real estate offers a wealth of affordable options, both for renting and purchasing. Amidst this vibrant setting, you'll find a multitude of amiable individuals ready to assist you with your initial steps. Embrace the allure of the Italian language, with its inherent beauty and approachable nature that fuels the desire to master it effortlessly. In Italy, your aspirations take flight, paving the way for an enriching journey.

Why Investing in an Existing Startup Offers Security and Advantage over Starting from Scratch?

At first glance, the idea of ​​investing 50 thousand euros in your new startup seems more attractive than investing at least 100 thousand in an existing one. However, after reading the documentation, it becomes clear that it is much more difficult to defend an application for a new startup.

When applying for a new startup, it must be a real project, existing and developed for at least some time, with a serious business plan and a proven innovation component. Typically, the project should already be at the prototype stage.
You personally must have the appropriate competencies and the background for successful work in technology companies.
An investment plan must be developed, which will then be transferred to the founding documents of the newly created Italian company.

In our experience, this is not so simple. At the time of filing an application for an Italian start-up visa, we had: a working company in our country, registered (already valid) patents for inventions in Russia and the USA, a lot of know-how, workable prototypes, participation in large exhibitions, residency in a business incubator, victories in competitions and grants. Nevertheless, during the interview (it was held via Skype in English), the specialists of the Ministry of Economic Development of the Italian Republic asked us many interesting questions. Fortunately, we were prepared and everything was completed successfully.

In addition, upon approval of the application, after arriving in Italy and receiving the documents, you will need to establish a company. To do this, you will have to obtain a personal and corporate tax code, open a bank account (s), prepare a charter and incorporation documents, conclude contracts for a legal address and accounting services, register a PEC, prepare and register mandatory books. Almost all of this is done in person (not online), requires a good knowledge of the Italian language and takes a significant amount of time (several months) and also requires money. In the chamber of commerce, during the opening of the company, you will also need to prove the innovativeness of your project. After registration, it will be necessary to support this company by ensuring that the criteria for the annual renewal of registration in the registry of innovative startups are met.

When investing in an existing startup, most of these problems disappear. The company has already been operating for 3 years (this is a condition of the program), is registered in all registers, has established connections and business processes - this is taken into account when considering an application. The requirements for the investor himself are not so strict - it is clear that he or she does not need to have all the competencies for the development of the whole project, since the project already exists without him. Upon arrival in Italy, in this case, you will have much more time to equip your life and enjoy new facets of life.