Does such a residence permit exist? - Page 3

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Does such a residence permit exist? - Page 3


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  #21 (permalink)  
Old 4th October 2019, 05:32 PM
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Quote:
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You're asking an impossible question.
My mètier.

But perhaps I'm not expressing the question clearly.

Are regularly scheduled disbursements from an IRA (for this point the amount doesn't matter) acceptable to satisfy any portion of the income requirement for a PdS. To eliminate theoretical discussions, as happens too often, I'm looking for the responses of people whose attempt to get a PdS was accepted or rejected on such a basis.


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Old 6th October 2019, 11:25 AM
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Quote:
Originally Posted by PauloPievese View Post
My mètier.

But perhaps I'm not expressing the question clearly.

Are regularly scheduled disbursements from an IRA (for this point the amount doesn't matter) acceptable to satisfy any portion of the income requirement for a PdS. To eliminate theoretical discussions, as happens too often, I'm looking for the responses of people whose attempt to get a PdS was accepted or rejected on such a basis.

Many consulates have reportedly said "no" to any question regarding "savings" whether regularly scheduled withdrawals or not. The reason being, as one consulate once told someone (you can find it if you search hard enough), "You might go to Monte Carlo casino and lose all of your savings in one night!"

The one thing that might work is if you converted your IRA into a fixed and unmodifiable annuity.

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Old 6th October 2019, 11:28 AM
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Many consulates have reportedly said "no" to any question regarding "savings" ....
Did this happen to you personally?


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  #24 (permalink)  
Old 6th October 2019, 11:42 AM
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Originally Posted by PauloPievese View Post
Did this happen to you personally?

I don't require a visa as I have dual citizenship.

However this board and others (https://www.tapatalk.com/groups/italiancitizenship/) are littered with examples of people denied visas in the face of what most would consider significant income streams.

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Old 6th October 2019, 11:57 AM
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Thank you for that. The board of course seems quite relevant. However I did't find any way to search it. I therefore tried this search on Google:
site:www.tapatalk.com/groups/italiancitizenship ira
but all the "hits" were about taxation not PdS.

Any suggestions about how to find the posts you reference among the litter?


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Old 6th October 2019, 12:35 PM
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Quote:
Originally Posted by PauloPievese View Post
Thank you for that. The board of course seems quite relevant. However I did't find any way to search it. I therefore tried this search on Google:
site:www.tapatalk.com/groups/italiancitizenship ira
but all the "hits" were about taxation not PdS.

Any suggestions about how to find the posts you reference among the litter?

Magnifying glass at the top of the page.

Also, try this forum: https://www.expatexchange.com/italy/liveinitaly.html

There are some very extensive threads there regarding ER visas and requirements.

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Old 8th October 2019, 11:13 PM
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Searching tapatalk for "ira" apparently returns all tax questions; nothing that I saw re PdS.
Expatexchange wouldn't permit a search for "ira". I saw nothing relevant re "permsso di soggiorno".

Not trying to be a smartass here. I'm sure that there's relevant material if only because it's so obvious. I just can't find it.

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Old 9th October 2019, 03:33 AM
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Why are you searching for PDS information? You need the visa first. Search IRA AND Visa.

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  #29 (permalink)  
Old 10th October 2019, 01:03 PM
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Quote:
Originally Posted by NickZ View Post
Why are you searching for PDS information? You need the visa first. Search IRA AND Visa.
Good idea but that returns two hits, both about making contributions to an IRA not about periodic withdrawals not counting towards the income requirement.

I would give this up were it not for the statement that this board is rife with references to posts on this topic. I'm sure I'm doing something wrong.

Now that I look at it this board is about Italian Citizenship and described "Help for people of Italian descent looking to obtain dual citizenship jure sanguinis or through marriage". I'll look for a related board on elective residency and search there.


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  #30 (permalink)  
Old 11th October 2019, 04:22 AM
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https://www.cameraitacina.com/upload...20VISAS(1).pdf

That's the closest to an official source I can find. Annuities are mentioned. €31k per year in income.

Various third party sources also mention annuities.

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