the advantages, the rules and the modalities
L’Italy is a country that offers wonderful views and landscapes, but in recent years many young people have bought a house in a very particular part of Italy, a place that cannot properly be defined as Italy… it is the small Republic of San Marino.
The small state on the border between the Marches and Emilia Romagna is a real pearl of the lower Adriatic Apennines and for those wishing to invest in it, it is It is also possible to apply for citizenshiplet’s see how.
Real estate and citizenship: the rules of San Marino
Since 2017, the law of San Marino provides that anyone can acquire the elective residence provided that he completes a investment real estate within the country and that certain requirements are met:
- For the elective residence of private citizens, a real estate investment of at least 500.00 euros is required.
- For entrepreneurs, on the other hand, economic residence is envisaged, to obtain it you must invest at least 75,000 euros in a property, an investment that will have to double after two years.
- For those who have Italian citizenship, but have been working in San Marino for at least 15 years on a permanent basis, they can apply for citizenship.
- Citizens with high capital can apply for an atypical residence.
- It is also possible to invest in a holiday home without any type of spending limit, with a tax of 9.5% on the value of the sale, but in this case it will not be possible to apply for domicile in the Republic.
Read also: VILLAGES OF ITALY: WHICH ARE THE 5 MOST BEAUTIFUL?
What to see in San Marino
With its strong late Renaissance imprint, St Marine it enjoys many hamlets and truly impressive and characteristic views, just think of the Castle on top of Monte Titano to get an idea.
The small state of San Marino is administratively divided into small regions called “Castelli” and in these the most requested from the point of view of the real estate market are the characteristic Serravalle, Domagnano and Borgo Maggiore. While Faetano, Montegiardino and Chiesanuova and Acquaviva, as secondary castles, offer greater real estate solutions at lower costs.