What is the elective residency visa for Italy?

The elective residency visa (Visto per Residenza Elettiva) is Italy’s long-stay visa for non-EU citizens who wish to relocate permanently to Italy without working, relying entirely on passive income from abroad. It is a National Type D visa requiring a minimum passive yearly income. The visa does not permit employment of any kind, making it popular among retirees and those living on investment returns, rental income, or pensions. It also offers a pathway to permanent residency and eventually Italian citizenship.