Current:Home > StocksItaly is offering "digital nomad" visas. Here's how to get one. -WealthEdge Academy
Italy is offering "digital nomad" visas. Here's how to get one.
View
Date:2025-04-18 10:01:01
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! (95395)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Are Democrats Fumbling Away a Potent Clean Energy Offense?
- Hoda Kotb Recalls Moving Moment With Daughter Hope's Nurse Amid Recent Hospitalization
- Spikes in U.S. Air Pollution Linked to Warming Climate
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Meghan Trainor's Last-Minute Gift Ideas for Mom Are Here to Save Mother's Day
- New omicron subvariants now dominant in the U.S., raising fears of a winter surge
- Joran van der Sloot, prime suspect in Natalee Holloway's 2005 disappearance, pleads not guilty to extortion charges
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- 2024 dark horse GOP presidential candidate Doug Burgum launches campaign with $3 million ad buy
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- Sia Marries Dan Bernard During Intimate Italian Ceremony: See the Wedding Photos
- Today’s Climate: August 4, 2010
- Dangerous Contaminants Found in Creek Near Gas Wastewater Disposal Site
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Anxious while awaiting election results? Here are expert tips to help you cope
- What Donald Trump's latest indictment means for him — and for 2024
- Trump Wants to Erase Protections in Alaska’s Tongass National Forest, a Storehouse of Carbon
Recommendation
The Super Bowl could end in a 'three
Trump Strips California’s Right to Set Tougher Auto Standards
Teen Activists Worldwide Prepare to Strike for Climate, Led by Greta Thunberg
Regulators Pin Uncontrolled Oil Sands Leaks on Company’s Extraction Methods, Geohazards
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Enbridge Now Expects $55 Million Fine for Michigan Oil Spill
More Americans are struggling to pay the bills. Here's who is suffering most.
Joran van der Sloot, prime suspect in Natalee Holloway's 2005 disappearance, pleads not guilty to extortion charges