We have heard from another source that the US embassies have changed their reading of the rules for 2025 and are now mostly requiring a couple to each have $31k per year as opposed to the $38k per year income, have you folks heard anything that might verify or conflict with that? So requirements may now be $62K/Yr instead of the previous $38k/yr for a couple? Naturally we have just moved our finances around to meet the $38k requirements and the $62k puts it slightly out of our reach right now. Thanks!
@@BobbyBaker-f4v I have heard it varies by consulate. Maybe that’s changing. I also heard an Italian lawyer say that if you owned a property in Italy it could improve your chances of having an elective residency visa approved, as they feel you are better able to support yourself in Italy if you have a place to live.
I love you guys!!! I’m about to close on property in Italy and getting very familiar with what I need for the Elective Residency Visa Just learned about the requirement to have private health insurance- Medicare doesn’t qualify I assume?
Could I use my spousal support to get an elective residency in Italy? Especially if it's over the 31,000 already ? would I need to learn the language?And how soon would I need to learn the language to pass the test for elective residency? would you be able to talk a little bit more in detail about this on a podcast? Thank you for your time and your valuable information.
Does the 31,000 Euro requirement change annually? For example, at this moment, my annual US Social Security payment is $32, 136 annually which is just under the Residency visa requirement, however that annual SS payment is subject to cost of living raises each year, typically between 2.5 and 4 percent, so while I may not qualify at this moment, I could meet the requirement in a year or so assuming the minimum passive income requirement does not change annually.
Do I understand this correctly, regarding the proof of passive income? Each spouse must show they have access to €31k/yr, but they do not necessarily have to have €62k total for a couple? Thank you, love the channels!
Great information. I have been following your channel for a while now. At some point in the future it would be great if you could go a bit deeper into what is considered 'passive income'. I understand that having a business, rental property, pension, etc are all considered passive income. How bout High Dividend ETF/Mutual funds, Annuities, other?
They would be, as long as you can show that the income is regular and reliable and won't run out. If the income from those fluctuates a lot, they may require an additional source that is more reliable if you are hovering close to the minimum of $31k.
My wife's parents were born in Italy, came over here to Canada in the 60's but never renounced their Italian citizenship. We are looking to move back to Italy as we spend a lot of time there already and have many friends and first cousins there. My question is, is it better to start the process here in Canada or bring our inlaw's passports to Italy next time we go and start the process there?
Hard to tell without details, but typically you cannot just start the process in Italy and then leave. You would need to move to Italy in order to file there. General rule of thumb is that you must file in the country where you currently reside.
I qualify for a 1948 case, but resolution could take at least two years, as I need to obtain a CoNE. I’m retired, receiving sufficient social security income. To move to Italy before my 1948 case finishes, could I apply for an elective residency visa? Alternatively, could I live in Italy if I became a full time student, under a student visa?
I’m thinking of applying for the residency visa while waiting for my 1948 case too (just started it). I only discovered, after hiring my lawyer, the option for descendants to apply for citizenship only after 3 years of residency there. But I also saw (& I’m not sure it’s true) it takes an average of another 3 years to get the citizenship that way. I guess I better start choosing where in Italy to plop myself down soon, in case any legislation obliterates the 1948 route!
I am very sorry but the Italian government does not make it easy at all for someone of Italian descent to obtain citizenship. 10 years to obtain citizenship is entirely too long, regardless of circumstance. If I am paying taxes, AND CONTRIBUTING TO THE ECONOMY 10 years is just too long! Marco is knowledgeable but provides nothing for encouragement, Borsani law is more informative. BTW, Rafael, I have messaged you with no responses, Fotitti a due
This is incredibly complex
If your spouse has dual citizenship (US-Italian), is it easier to obtain Italian citizenship for the other spouse? Thank you.
We have heard from another source that the US embassies have changed their reading of the rules for 2025 and are now mostly requiring a couple to each have $31k per year as opposed to the $38k per year income, have you folks heard anything that might verify or conflict with that? So requirements may now be $62K/Yr instead of the previous $38k/yr for a couple? Naturally we have just moved our finances around to meet the $38k requirements and the $62k puts it slightly out of our reach right now. Thanks!
@@BobbyBaker-f4v I have heard it varies by consulate. Maybe that’s changing. I also heard an Italian lawyer say that if you owned a property in Italy it could improve your chances of having an elective residency visa approved, as they feel you are better able to support yourself in Italy if you have a place to live.
I love you guys!!! I’m about to close on property in Italy and getting very familiar with what I need for the Elective Residency Visa
Just learned about the requirement to have private health insurance- Medicare doesn’t qualify I assume?
Could I use my spousal support to get an elective residency in Italy? Especially if it's over the 31,000 already ? would I need to learn the language?And how soon would I need to learn the language to pass the test for elective residency? would you be able to talk a little bit more in detail about this on a podcast? Thank you for your time and your valuable information.
Does the 31,000 Euro requirement change annually? For example, at this moment, my annual US Social Security payment is $32, 136 annually which is just under the Residency visa requirement, however that annual SS payment is subject to cost of living raises each year, typically between 2.5 and 4 percent, so while I may not qualify at this moment, I could meet the requirement in a year or so assuming the minimum passive income requirement does not change annually.
Do I understand this correctly, regarding the proof of passive income? Each spouse must show they have access to €31k/yr, but they do not necessarily have to have €62k total for a couple?
Thank you, love the channels!
Great information. I have been following your channel for a while now. At some point in the future it would be great if you could go a bit deeper into what is considered 'passive income'. I understand that having a business, rental property, pension, etc are all considered passive income. How bout High Dividend ETF/Mutual funds, Annuities, other?
They would be, as long as you can show that the income is regular and reliable and won't run out. If the income from those fluctuates a lot, they may require an additional source that is more reliable if you are hovering close to the minimum of $31k.
@@pumuckl0 Thanks!
My wife's parents were born in Italy, came over here to Canada in the 60's but never renounced their Italian citizenship. We are looking to move back to Italy as we spend a lot of time there already and have many friends and first cousins there. My question is, is it better to start the process here in Canada or bring our inlaw's passports to Italy next time we go and start the process there?
Hard to tell without details, but typically you cannot just start the process in Italy and then leave. You would need to move to Italy in order to file there. General rule of thumb is that you must file in the country where you currently reside.
I qualify for a 1948 case, but resolution could take at least two years, as I need to obtain a CoNE. I’m retired, receiving sufficient social security income. To move to Italy before my 1948 case finishes, could I apply for an elective residency visa? Alternatively, could I live in Italy if I became a full time student, under a student visa?
I’m thinking of applying for the residency visa while waiting for my 1948 case too (just started it).
I only discovered, after hiring my lawyer, the option for descendants to apply for citizenship only after 3 years of residency there.
But I also saw (& I’m not sure it’s true) it takes an average of another 3 years to get the citizenship that way.
I guess I better start choosing where in Italy to plop myself down soon, in case any legislation obliterates the 1948 route!
I am very sorry but the Italian government does not make it easy at all for someone of Italian descent to obtain citizenship. 10 years to obtain citizenship is entirely too long, regardless of circumstance. If I am paying taxes, AND CONTRIBUTING TO THE ECONOMY 10 years is just too long! Marco is knowledgeable but provides nothing for encouragement, Borsani law is more informative. BTW, Rafael, I have messaged you with no responses, Fotitti a due