Germany Is it worth investing in real estate?
An indisputable advantage of Germany is a strong economy. This was the decisive factor in overcoming the crisis painlessly with the real estate market in this country. But how are…

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Buying property in Cyprus as an investment
The unique location of Cyprus makes this island very attractive for investors. On the one hand, Cyprus is a large business center in which the interests of European entrepreneurs merge…

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Personal experience renting a house and living in winter
I absolutely did not want to bother with visas. The presence of one passport has become a basic priority in finding a country that can be visited in the winter…

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should be remembered

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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