
IMI Exclusive: Demand for Italy’s Investor Visa Has Nearly Tripled in Two Years
Americans have filed more applications in 2026 than all nationalities did in 2024, and the €250,000 startup route has doubled its share.

Americans have filed more applications in 2026 than all nationalities did in 2024, and the €250,000 startup route has doubled its share.

Pending applications fell to 25,970 in September, less than half of the 52,821 peak in March 2025.

Which program bucked the slowdown? And which newcomer debuted strongly? IMI’s Q2 Survey is out now.

The CIU concedes a post-approval backlog. Russia and Iran supply 31% of the applicant book, a cohort the Caribbean has all but shut out.

With decisions now far outpacing intake, Greece’s once-notorious backlog is shrinking fast as demand pivots to €250K conversions.

Approval rates held between 96% and 98%, placing the contraction on the filing side rather than in the decisions.

At least US$1.5 million and roughly 36 Jordanian jobs sit behind each file; cumulative approvals reach 687.

A record denial rate is one of several findings, alongside a considerable fall in bond applications.

Brazilians accounted for 76% of the total. Permanent approvals fell in the second quarter; applications for the status did not.

The country’s experience hints at a lucrative “life after Schengen” that Caribbean leaders will observe closely.

An even split: Portugal slipped below its record as Italy overtook Vanuatu for fastest program. IMI’s Q1 Survey is out now.

Corporate investors account for 97.7% of the program’s Rp 52.1 trillion total; Americans are the largest holder group.

Athens leads on gross returns at 5.43%, but the math shifts once thresholds, the short-term rental ban, and tax reforms are factored in.

The now-defunct program’s final full-year report shows record capital generation even as the ECJ ruling that would kill Malta’s CBI loomed.

Audited FY24 financials show EC$90 million surplus on EC$240 million revenue; category-level application data withheld for a third year.

Half the programs IMI tracks slowed in Q4 while one halved its processing time in 18 months. IMI’s Q4 Survey is out now.

Regional Center filings surged 38% year-on-year; direct petitions remain marginal with a 58% denial rate.

3,172 approvals and nearly US$1B in deposits and property; MM2H’s rebound from its disastrous 2021 overhaul is now quantifiable.

One rule change in March 2025 triggered a 440% monthly surge. The numbers since make the first year look like a different program.

Americans lead investor visa surge as New Zealand’s growth category draws bulk of applications since April reforms.