Current:Home > MarketsItaly is offering "digital nomad" visas. Here's how to get one. -Achieve Wealth Network
Italy is offering "digital nomad" visas. Here's how to get one.
View
Date:2025-04-19 02:08:25
Ever dream of working from the picturesque Amalfi Coast? You might now be able to with a new "digital nomad" visa that Italy is offering foreigners who wish to pack up their laptops and venture abroad.
The Italian government signed the program into law in March 2022, but only opened applications on April 5 — two years later. In doing so, Italy follows dozens of other countries in establishing a program to attract foreign remote workers who want to experience a European lifestyle while keeping their earnings tied to U.S.-based companies.
Drawing foreigners in can help boost local economies, particularly in smaller Italian towns where populations are dwindling as local residents age. But some experts warn that an influx of people earning U.S. salaries could drive up prices for local residents earning far less.
The new digital nomad visas are valid for one year, and can be renewed.
Am I eligible?
Applicants must meet a range of criteria in order to be eligible for the visas. For one, a worker must have the ability to do their job remotely, using a laptop or other tech tools. Workers must also be able to provide proof of employment or contract work with a firm based outside of Italy. Both employees of companies and freelance workers are invited to apply.
Candidates must have either a college-level degree or the equivalent in job experience. Additionally, a worker must be able to demonstrate that they've perviously worked remotely for a period of at least six months.
There's an income threshold, too, of roughly $30,000 to apply. And, you can't have been convicted of a crime within the past five years. You must also have health insurance, and be able to demonstrate that you have a place to live in Italy.
How do I apply?
Visit your local Italian consulate's website for instructions, which vary by location. While application forms vary by consulate, the Italian consulate in New York has a form on its site that asks for basic information like one's place of birth and passport information.
The application fee is just over $120, according to Italian law firm Studio Legale Metta.
Within eight days of arrival in Italy, digital nomads must also apply for a residence permit.
Previously Italy had a 90 day rule that meant visitors could only stay for that long without a work visa.
Megan CerulloMegan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News Streaming to discuss her reporting.
veryGood! (926)
Related
- What to watch: O Jolie night
- Alex Murdaugh faces a South Carolina judge for punishment a final time
- South Korea's birth rate is so low, one company offers staff a $75,000 incentive to have children
- Zoey 101's Matthew Underwood Says He Was Sexually Harassed and Assaulted by Former Agent
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- 'She's put us all on a platform': Black country artists on Beyoncé's new album open up
- 3 Social Security rules you need to know before claiming benefits
- Bus in South Africa plunges off bridge and catches fire, killing 45 people
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Americans star on an Iraqi basketball team. Its owners include forces that attacked US troops
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Numbers have been drawn for an estimated $935 million Powerball jackpot
- Gen V Star Chance Perdomo Dead at 27 After Motorcycle Accident
- JuJu Watkins has powered USC into Elite Eight. Meet the 'Yoda' who's helped her dominate.
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- The 10 best 'Jolene' covers from Beyoncé's new song to the White Stripes and Miley Cyrus
- Third employee of weekly newspaper in Kansas sues over police raid that sparked a firestorm
- Ohio authorities close case of woman found dismembered in 1964 in gravel pit and canal channel
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
First they tried protests of anti-gay bills. Then students put on a play at Louisiana’s Capitol
$1 billion Powerball jackpot winner from California revealed
She bought a $100 tail and turned her wonder into a magical mermaid career
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Lamar Odom Reveals Where He Stands With Rob Kardashian 7 Years After Khloe Kardashian Divorce
How will Inter Miami fare without Messi vs. NYCFC? The latest on Messi, live updates
What's open on Easter 2024? Details on Walmart, Target, Starbucks, restaurants, stores