No, the Elective Residence Visa does not permit work; it relies on passive income.

Is housing mandatory?

Yes, proof of suitable housing in Italy (purchased or rented) is required before applying.

No. This visa prohibits any gainful activity, including remote work; it relies solely on passive income.

Who is Italy's flat tax regime for?

For high-income new residents relocating to Italy; it offers an annual flat tax of EUR 200,000 on foreign income.

2026 Program Guide

Italy Retirement Visa

The Italy Elective Residence Visa is for retirees with roughly EUR 31,000 per year in passive income. It does not permit work, requires purchasing or renting a home in Italy, and is ideal for a Mediterranean lifestyle.

Last updated: 2026-07-07 · Reviewed by: Burak Ünal

At a glance

Program: Elective Residence Visa
Passive income: ~EUR 31,000/year (couple ~EUR 38,000)
Work: Not permitted
Housing: Required (purchase or rental)
Permanent residence: After 5 years

Who is it for?

Retirees with passive income (~EUR 31,000/year) who will not work.
Those wishing to acquire housing in Italy for a Mediterranean lifestyle.
Those prioritizing rich culture and a quality healthcare system.
Families seeking a path to permanent residence (5 years).

Elective Residence: Passive Income + Housing

The Italy Elective Residence Visa is for retirees with a stable passive income of roughly EUR 31,000 per year (~EUR 38,000 for a couple). It does not permit any gainful activity, including remote work. Before applying, suitable housing in Italy must be purchased or rented.

Tax and the Flat Tax Regime

High-income new residents relocating to Italy can opt for an annual flat tax on foreign income (raised to EUR 200,000 for new applicants in 2024). Permanent residence can be applied for after five years of legal residence. Housing, health insurance, and proof of income must be maintained throughout the process.

Benefits

Life in Italy and rich culture.
Access to the Schengen area.
Healthcare and quality of life.
Path to permanent residence, with family included.

Requirements

~EUR 31,000/year in passive income.
Suitable housing and health insurance.
Clean criminal record.

Costs

Proof of income: ~EUR 31,000/year
Housing and fees: Additional fees apply

FAQ

Can I work?: No, the Elective Residence Visa does not permit work; it relies on passive income.
Is housing mandatory?: Yes, proof of suitable housing in Italy (purchased or rented) is required before applying.
Can I work remotely?: No. This visa prohibits any gainful activity, including remote work; it relies solely on passive income.
Who is Italy's flat tax regime for?: For high-income new residents relocating to Italy; it offers an annual flat tax of EUR 200,000 on foreign income.

Sources

Disclaimer: Golden Visa Partners is an investment and immigration advisory firm; it does not provide legal or attorney services. The investment amounts, timelines and program conditions on this page are for general guidance only and, because regulations change quickly, may be out of date. Before making any decision, we recommend consulting current official sources and obtaining independent legal and financial advice.

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