Entrepreneurs love the idea of taking risks, and smart ones succeed most times. The idea of launching a startup can get the adrenaline rushing if you have an entrepreneurial streak. You can go a notch higher by starting up overseas, but success greatly depends on choosing the right destination. Business leaders acclaim Italy as an excellent startup destination because they have valid reasons. Besides having a favorable business environment, the country is immigration-friendly. You can easily get in with an investor visa to materialize your startup plans. You can visit Bersani Law Firm for understanding more about this immigration option. Let us explain why Italy is one of the hottest favorite startup destinations for business leaders.
Supportive business environment
The Italian government implemented the Italian Startup Act in 2012 to boost innovation and make the country an attractive option for entrepreneurs. The act also encourages foreign investors and startup aspirants to try their luck in the market. It offers benefits like the ease to register new companies, liberal labor regulations, and tax incentives to foster entrepreneurship. Not to mention, the country has a great lifestyle, pleasant climate, and beautiful landscapes. It also has excellent education and healthcare systems that make it ideal for families.
Easy access to investor visa
Business leaders recommend Italy as a startup destination because of easy access to investor visas. You need not stress about eligibility requirements to get an investor visa because it is mainly about bringing funds to the country. Moreover, you have different investment options to choose from. For example, you can start with the funding of €250,000 in an innovative startup, contribute €500,000 to an existing business, donate € 1 million in a public-interest project, or buy € 2 million worth of government bonds. The formalities of the process are minimal, and you can complete it within a couple of months. Additionally, you can leverage it as a route to Italian citizenship in the long run.
Visa-free travel to the Shengen region
Running a startup in Italy with an investor visa and, eventually, Italian citizenship gives you a broad reach. You can extend your business into the Schengen region as a residency and a second passport enables you to travel visa-free across the EU. With this opportunity, you can start small in Italy and build a global reach by collaborating with clients across the Schengen countries. Not to mention, you get one of the most powerful passports in the world down the line. The best part is that you can live in Italy or travel back to your home country without losing your residence status. So you can gradually shift base to Italy over time as business picks pace.
Setting up your dream venture in Italy can be the best decision you make as an entrepreneur. You have immense opportunities to grow here, besides the ease to set up without a lot of hassle. Most importantly, you can move here and start a new life with your family with minimal formalities. You only need to get the investor visa, and you are good to land in Italy.