If setting up an international business is on your wishlist, you cannot find a better destination than Italy. You can start easily, grow quickly, and establish an enterprise for the next generations in your family. Consider exploring the dual citizenship options to make your journey even smoother and open immense growth prospects for a bright future. You can get a consultation on Dual Italian Citizenship on mbersanilaw.com for a complete understanding of the process. It can be a great advantage as well if you start learning the Italian language while you’re processing your papers. Let us explain how Italian dual citizenship sets you up for a lucrative business in the country.
Get in through multiple options
The good thing about Italian dual citizenship is that applicants can explore multiple alternatives. So you have a chance to get in one way or the other. For example, an Italian bloodline makes you eligible for the descent route. You can get in through the marriage route if married to a citizen of the country. Citizenship by naturalization is an option for residents who have been in Italy for more than ten years. Consider your eligibility for these alternatives and choose wisely.
Establish your business right away
A dual citizenship status gets you the rights and privileges of a citizen. You can live and work in the country, access healthcare, and educational benefits, and bring your family as citizens. You can start your business right away after becoming a citizen, as you need not worry about fulfilling additional regulations or following a different set of tax norms. Set up a business like a local and compete with others in the market.
Expand to the EU markets
Besides establishing your venture in Italy with dual citizenship, you also get a chance to expand to the EU markets. The Italian passport lets you travel to the Schengen zone without a visa, so exploring these markets is a breeze. You can collaborate with clients in these countries and fly for meetings, delegations, and trade shows. There isn’t a better way to expand your reach and establish a truly international business.
Build a multi-generational enterprise
Beyond extending a global reach, you can build a multi-generational enterprise with Italian dual citizenship. The citizenship passes to your children, grandchildren, and the generations ahead automatically. Your hard work leads to a legacy for your family line as they can take the business a notch higher once they take over. You need not worry about closing down only because your future generations cannot run the business due to immigration complexities. Once you are in Italy as a citizen, the benefits pass on to the next generations in the family.
Setting up a lucrative business in Italy is easy, provided you sort out your immigration needs beforehand. The best option is to obtain dual citizenship because it sets you up for success. You have peace of mind that you are here to stay, and will not have to wind up eventually if your permits expire. You can extend your outreach to other parts of the EU. You can also pass the business as an inheritance to the next in your line.
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