The law does not provide anything, but if the investment is maintained I do not think the performance of the company will impact the visa extension. The investor visa holder must maintain the investment for the entire validity period of the resident permit. Failing that will cause it to be revoked and cannot be renewed. The holder must maintain the original investment. Even if already in possession of the permit, the holder may not alter the destination of the investment under any circumstances. Failing that, the permit will be revoked and cannot be renewed. A foreign national who intends to execute a new investment or donation to replace the previous one must submit an application for a new investor visa. For investments into innovative start-ups, the investor must submit in order to renew the permit the following: a letter confirming the investment has been maintained from the legal representative of the recipient company; a copy of the shareholders’ register; a copy of a securities dossier in the case of a listed company.
What are the requirements of Italy’s investor visa extension?
If I invest 500,000 euros into a start-up company for the purpose of the investor visa application, will the performance of the start-up impact my ability of getting a visa extension after two years? What are the requirements for extending this kind of visa? What if I choose the bonds investment option? Do I have to maintain the investment in order to get an extension?
In case of investments made in innovative start-up companies in Italy for the purpose of the investor visa application, the performance of the start-up will not have an impact on the ability of getting a visa extension after the first two-year period as long as the investment is not withdrawn or abandoned by the applicant and the innovative start-up company is still active. The holder of the investment visa shall indeed keep the original investment and not alter the destination of the investment under any circumstances in order to be able to renew the resident permit obtained. Failure to do so will result in the revocation of the resident permit and/or in the impossibility to renew it upon expiration of the first two-year period. Same applies in case of an investment in Italian government bonds.
I can inform you that in case of a 500,000-euro investment into a start-up company for the purpose of the investor visa application, the performance of the start-up will not impact your ability of getting a visa extension after two years. It goes without saying that the requirements for extending this kind of visa include that the company must keep on running. It's the same with regards to the bonds' investment option, as you have to maintain the investment in order to get an extension.