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-   -   Does such a residence permit exist? (https://www.expatforum.com/expats/italy-expat-forum-expats-living-italy/1481172-does-such-residence-permit-exist.html)

Layla_38 25th May 2019 12:56 PM

Does such a residence permit exist?
 
Hello all,

I'm hoping you can help me.

I want to apply for a residence permit in Italy, and I will be living off of savings. Is there a visa/permit for this? If so, what is it called? I know with elective residency you have to have income coming in, but I don't have income, I have savings, and it seems strange that there wouldn't be an opportunity for me to get a residence visa if I can support myself?

Thanks!

NickZ 25th May 2019 01:32 PM

You can apply for an elective visa but you will need A LOT of savings. They like pension income because it's safe.

PauloPievese 26th May 2019 05:27 PM

Quote:

Originally Posted by NickZ (Post 14877144)
You can apply for an elective visa but you will need A LOT of savings. They like pension income because it's safe.

My take on this: Have your savings disbursed to yourself in a regular fashion similarly to a pension. Have a track record, several months. Do not necessarily do this in a rational "gotta last until I'm ninety" fashion but rather in a fashion that between this, SSI, etc. looks like at least 40K EUR annually. No guarantees but my attempt as saying "I have a chunk of cash" didn't fly; this was the advice I got which I have yet to try.
:flypig:

Layla_38 26th May 2019 05:54 PM

Quote:

Originally Posted by PauloPievese (Post 14877672)
My take on this: Have your savings disbursed to yourself in a regular fashion similarly to a pension. Have a track record, several months. Do not necessarily do this in a rational "gotta last until I'm ninety" fashion but rather in a fashion that between this, SSI, etc. looks like at least 40K EUR annually. No guarantees but my attempt as saying "I have a chunk of cash" didn't fly; this was the advice I got which I have yet to try.
:flypig:

Hm, you have me thinking... but like you said there are no guarantees on it... Seems ridiculous, right, that other countries tell you as long as you have at the least an equal amount per month as the country's minimum wage, you can get a residence permit.

I find this evasive "amount" required from Italy to be elitist and stuck up - especially when I KNOW the cost of living in places like Sicily (where I've spent extensive amounts of time on and off throughout the years) and it damn sure is nowhere near what they seem to require for a residence permit. Once I called the embassy in the US to inquire about this and they couldn't even give me an amount, they said "figure 85 euro a day" - WHAT? The Sicilians themselves have told me if they had money like that they would be living like kings. So I cannot understand. It seems absolutely ludicrous.

I myself am even of Italian origin, but can't go the dual citizenship route because, as I was told, my G. Grandfather joined the army when he came to the US before my GF was born, thus they say it's implied that he announced his Italian citizenship. But that's another headache to discuss.

Thanks for your reply btw :) . Sorry - this subject and the insanity of it all gets me a bit heated.

I just don't get it.

Layla_38 26th May 2019 06:12 PM

[Edit] I meant renounced (not announced)

Layla_38 26th May 2019 06:13 PM

Quote:

Originally Posted by PauloPievese (Post 14877672)
My take on this: Have your savings disbursed to yourself in a regular fashion similarly to a pension. Have a track record, several months. Do not necessarily do this in a rational "gotta last until I'm ninety" fashion but rather in a fashion that between this, SSI, etc. looks like at least 40K EUR annually. No guarantees but my attempt as saying "I have a chunk of cash" didn't fly; this was the advice I got which I have yet to try.
:flypig:

I see that you are an expat in Italy, curious if you can tell me how you made that happen if you didn't try the disbursing your savings method?

Thank you!

PauloPievese 26th May 2019 10:03 PM

Quote:

Originally Posted by Layla_38 (Post 14877698)
I see that you are an expat in Italy, curious if you can tell me how you made that happen if you didn't try the disbursing your savings method?

Thank you!

To quote Abraham Lincoln, "Don't believe everything you see on the Internet."

The forum asked "Where do you live?" I said "USA." It asked "Where do you want to go?" I said "Italy." Suddenly I'm an expat in Italy without ever leaving home.

:flypig:

panama rick 27th May 2019 06:29 AM

You will be hard pressed to be granted residency on savings alone. You would probably need 7 figure savings.
What I would suggest is to contact an Italian immigration/citizenship attorney and discuss your descendancy issues. My wife did not have a clear cut path to citizenship and had to go to court to present our case. You may be surprised to learn you have an avenue to go forward.

panama rick 28th May 2019 05:37 AM

FYI, I did some research into your GGF joining the army and several posters have indicated their ancestors did the same thing and simply enlisted doesn't automatically constitute renunciation of Italian citizenship. You might want to inquire further.

KenzoXIV 12th July 2019 10:02 AM

Quote:

Originally Posted by Layla_38 (Post 14877688)
Hm, you have me thinking... but like you said there are no guarantees on it... Seems ridiculous, right, that other countries tell you as long as you have at the least an equal amount per month as the country's minimum wage, you can get a residence permit.

I find this evasive "amount" required from Italy to be elitist and stuck up - especially when I KNOW the cost of living in places like Sicily (where I've spent extensive amounts of time on and off throughout the years) and it damn sure is nowhere near what they seem to require for a residence permit. Once I called the embassy in the US to inquire about this and they couldn't even give me an amount, they said "figure 85 euro a day" - WHAT? The Sicilians themselves have told me if they had money like that they would be living like kings. So I cannot understand. It seems absolutely ludicrous.

I myself am even of Italian origin, but can't go the dual citizenship route because, as I was told, my G. Grandfather joined the army when he came to the US before my GF was born, thus they say it's implied that he announced his Italian citizenship. But that's another headache to discuss.

Thanks for your reply btw :) . Sorry - this subject and the insanity of it all gets me a bit heated.

I just don't get it.

85 Euros a day in Sicily.....:car::plane:

Only joking, to be fair 85 euros a day in Sicily would go quite far but I wouldn't say you'd be a king. An operaio for a days work charges 60 euros... You can find 30-50 euros but the work ethic begins to slack :rolleyes:


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