Europe
Retirement
Popular
Italy Elective Residence Visa Cost
Residence for financially independent individuals without work.
Fee Overview
Key costs for Elective Residence Visa
Visa Application Fee€116 – €116
Medical Examination€0 – €100
Legal Fees (optional)€600 – €2,000
Proof of Funds (single)€31,000
Not a payable fee - must be demonstrated in bank account
Last verified: 3/13/2026
Source: Italian Ministry of Foreign Affairs 2024
Elective residence visa (visto elettivo) for financially independent individuals. Minimum income €31,000/year. Cannot work in Italy. Must have accommodation. Popular with retirees. Renewable annually. Path to permanent residence after 5 years. Italian language eventually required for renewals.