
The Elective Residence Visa is a long-stay route for financially independent non-EU nationals who will live in Italy on stable passive income and not work. It is a lifestyle and retirement-style option: holders may not take employment or self-employment in Italy.
The Elective Residence Visa (residenza elettiva) suits people — often retirees — who can support themselves entirely from passive income such as pensions, annuities, rental income or dividends. The defining condition is that you cannot work in Italy at all, neither as an employee nor as a self-employed person, while holding this visa.
To qualify you must show substantial, stable passive income (employment income is specifically excluded), a registered lease or property deed for accommodation in Italy, and health insurance or proof of access to healthcare. Consulates assess the income picture on a discretionary basis, so the strength and clarity of your financial evidence is central to a successful application.
Because assessment is discretionary and the expected income level can shift, it is wise to present a thorough, well-documented case and to confirm current requirements on vistoperitalia.esteri.it. ACME can help you structure and document your financial position to give the application the best chance.
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Guidance only, not legal advice. ACME is an independent consultancy, not affiliated with any government. Rules change, confirm details with official sources.