Residency for economic reasons is granted to a foreigner who opens a company in San Marino or takes over an existing one.
The applicant must be a majority shareholder, employ local workers, and make secured bank deposits.
The permit requires 270 days of physical presence per year and may lead to permanent residency after 10 years.
Citizenship is only possible after 30 years of continued residence and requires the renunciation of original nationality.
|Program type||Active Investor Visa|
|Time to citizenship||Minimum 30 years|
|Time to permanent residency||Minimum 10 years|
|Minimum investment||EUR 150,000 on top of business investment|
|Physical presence requirement||270 days per year|
|Application processing time||2 months|
|Possibility of citizenship||After x years of physical residency|
|Grants visa-free travel to||San Marino + Schengen countries|
|Grants settlement rights in||San Marino|
General program requirements
The applicant must make a secured bank deposit of €75,000, to be increased to €150,000 within two years of obtaining the residency (replaceable with purchase of property with a lien in favour of the State). Such bank deposit may be replaced by bank or insurance guarantee issued by a San Marino supervised entity.
The applicant must hold at least 51% of the shares in a San Marino company.
The applicant must hire from 1 to 3 resident workers on an open-ended contract, depending on whether the sectors in question are to be encouraged or not.
The applicant must pay an annual contribution for healthcare and social security benefits equal to €350 per capita.
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Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.
Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.
Bulgaria Investor Program (discontinued)
Programs that offer residence permits within months in exchange for passive investments, with limited physical presence requirements.
Andorra Residence Without Lucrative Activity
Anguilla Permanent Residency Program
Australia BIIP Investor Streams
Bahamas Economic Permanent Residence
Barbados SERP Program
Bermuda Economic Investment Certificate (EIC) Program
Brazil Investor Visa (VIPER)
Cambodia My 2nd Home
Cayman Islands Investor Visa
Colombia Investor Visas M and R
Costa Rica Investor Visa
Curaçao Investor Permit Program
Cyprus Golden Visa
Georgia Investor Visas
Greece Golden Visa
Guernsey Investor & Entrepreneur Residency
Ireland Immigrant Investor Program (discontinued)
Italy Investor Visa
Latvia Investor Visa
Luxembourg Investor Visa
Malaysia M2H Visa
Malta Permanent Residence Program
Mauritius Permanent Residency Program
Monaco Carte de Séjour
Netherlands Investor Visa
New Zealand Investor Visa
Nicaragua Investor Permanent Residency Program
Panama Qualified Investor Visa
Philippines Special Investor Residence Permit
Portugal Golden Visa
Russia Investor Visa
South Korea Investor Visa
Spain Golden Visa
Taiwan Golden Visa (APRC Plum Blossom Card)
Thailand Elite Residence Program
UAE Golden Visa
UK Investor Visa (discontinued)
United States EB-5
Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.
Argentina Rentista and Pensionado Residency
Austria Independent Means Visa
Barbados Welcome Stamp
Gibraltar Category 2 HNWI Residence
Greece FIP Visa
Indonesia Retirement Visa (KITAS)
Ireland Independent Means (Stamp 0)
Italy Elective Residency Visa
Jersey High Value Residency
Mexico Legal Residency Visa
Nicaragua Pensionado and Rentista Visas
Panama Rentista Retirado Visa
Paraguay Permanent Residency Program
Portugal D7 Visa
Spain Non-Lucrative Visa
Uruguay Independent Means Visa
Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.
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