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Has anyone obtained a startup visa in Italy under the new Italian government startup program? I will not promote
The Italian Startup Visa (ISV) is a program designed to attract non-EU entrepreneurs who want to establish an innovative startup in Italy. It offers a streamlined process for obtaining a visa and provides opportunities to contribute to Italy’s tech and innovation ecosystem. Key Features of the Italian Startup Visa: 1. Eligibility: • Non-EU nationals. • Entrepreneurs with a viable and innovative business idea. • The startup must qualify as an “innovative startup,” meeting specific criteria such as being less than 5 years old, headquartered in Italy, and involved in innovative products, services, or processes. 2. Requirements: • A detailed business plan for the startup. • Demonstrated financial resources of at least €50,000, which can come from personal funds, venture capital, crowdfunding, or other sources. • Approval from a certified Italian incubator, which will assess the business plan and the startup’s innovative potential. 3. Advantages: • A simplified visa process compared to other work visas. • Once the visa is granted, you can live and work in Italy while developing your startup. • Access to Italy’s vibrant innovation ecosystem and potential networking opportunities. 4. Application Process: • Submit an online application, including your business plan and supporting documents, to the Italian Ministry of Economic Development. • Obtain a “Certificate of No Impediment” if your application is approved, which is necessary to apply for the visa. • Apply for the startup visa at the Italian consulate or embassy in your country of residence. 5. Renewal and Residency: • The visa is initially valid for 1 year but can be renewed if the startup continues to operate and meet the program requirements. • After 5 years of residency, you may be eligible for long-term residency. The ISV is part of Italy’s broader initiative to attract global talent and boost its economy through innovation. For more information, visit the official Italian Startup Visa website.4
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