Residence permit for elective residence
The residence permit for elective residence is issued to foreigners who intend to settle in Italy and demonstrate that they have sufficient resources to support themselves independently without carrying out any work activity.
Who is the residence permit for elective residence for?
✓ foreigners holding an entry visa for elective residence;
✓ to foreigners who were holders of a residence permit for subordinate work or self-employment or for family reasons, by way of conversion of the residence permit.
That case refers to a worker who ceases to work and receives an old-age or old-age pension or an invalidity pension in Italy.
Requirements:
✓ adequate and documented guarantees regarding the availability of a dwelling to be elected as a residence.
✓ adequate economic resources other than income from work (pensions, annuities, real estate, stable economic and commercial activities) that can reasonably be expected to continue in the future.
The residence permit is renewable as long as the conditions for its issuance remain, according to the general principles, by making a request at least thirty days before its expiry (Article 5 paragraph 4 of the Consolidated Law on Finance). It shall be renewed for a duration not exceeding that established at the time of the initial release.
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