Singapore Real Estate
What do London have in common - the capital of Misty Albion, bathing in the rays of the Cypriot sun of Limassol, never sleeping New York and stiff Zurich? The…

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Buying Property in Italy
According to statistics of the portal 1‑property.ru, in 2018, more than 3.5 million applications for a Schengen visa were received from Russian citizens. At the same time, Italy is one…

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Why apartments in Prague are getting more expensive
Most of the real estate purchase and sale transactions in the Czech Republic, in which the Russians participate, are carried out in the capital. Five years ago, the situation was…

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However

Buying Property in Italy

According to statistics of the portal 1‑property.ru, in 2018, more than 3.5 million applications for a Schengen visa were received from Russian citizens. At the same time, Italy is one of the most popular countries for holidays with Russians. Almost half a million people who applied in 2018 wanted to get to this country. Russians are the main core of tourists who want to see Italian landscapes.

Why do Russians buy property in Italy?
In Italy, foreigners have the same rights to purchase real estate as Italian citizens. When making a transaction, you do not need to obtain permits from local authorities. To purchase an apartment in Italy, the buyer is not required to have a residence permit.

The presence of ownership gives the holder the right to obtain a multiple Schengen visa. After completing this document, you can stay in Italy for 90 days for 6 months. For a longer stay, you must have a residence permit. Acquisition of real estate in Italy is not an automatic basis for obtaining a residence permit, but will be taken into account when considering the submitted application. Continue reading

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