Invest in Italy
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In the heart of Italy, where history and modernity intertwine, a new investment opportunity emerges, as captivating as the country’s rolling hills and ancient cities.
Dolce Visa SICAF (DV SICAF) stands as a beacon for discerning investors seeking both financial prosperity and the allure of la dolce vita.
This innovative investment fund, regulated by the Bank of Italy and managed by seasoned professionals, with an initiative supported by the Italian government, offers a unique proposition: the chance to capitalize on Italy’s burgeoning hospitality sector, receiving in return an Italian residence permit as a direct investor into the Italian Economy.
Stefano, Partner Tax and Legal at Deloitte Italy, says: “The Dolce Visa SICAF represents a paradigm shift in investment-linked residency programs.”
Stefano explains that “investors aren’t just acquiring a path to Italian residency; they’re becoming part of Italy’s economic renaissance, particularly in the thriving tourism sector.”
Indeed, the World Travel & Tourism Council’s 2024 Economic Impact Research paints an exciting picture of Italy’s future. By 2024, the travel & tourism sector is projected to contribute a staggering €215BN, over 13% of the Italian economy.
This growth trajectory is set to continue, and projections indicate that by 2034, the sector will inject over €270BN into the economy and provide employment for more than 3.56MN people nationwide – an impressive one in every seven workers.
Matteo, MD of Currie and Brown, says: “We’re witnessing a golden age of Italian hospitality. The recent introduction of nomad and investor visas has placed travel & tourism at the forefront of decision-making, attracting longer stays and boosting international spending. DV SICAF is perfectly positioned to capitalize on Italy’s continued appeal as a premier global destination.”
A Strategic Investment with Residency Benefits
DV SICAF has been meticulously designed as a product that, in the eyes of the Italian Authorities, rewards investors who contribute significantly to the Italian economy.
By acquiring and improving assets, the fund generates new employment opportunities in cities and regions across Italy while also boosting Italy’s trade balance.
This investment in a growing industry sector is not only fully supported by the Italian government, ensuring the longevity of the initiative, but is also seen as a valuable contribution to a strategic industry within the Italian economy.
Through a contributed share capital of €3,000,000 and further committed capital of €10,500,000, DV SICAF has already achieved a plurality of investments and acquired its first project.
The fund has set an ambitious fundraising target of €200,000,000 over the next 18 months to match its identified income-producing assets.
The minimum investment ticket is €500,000. This investment not only offers potential financial returns but also creates eligibility for the investor and their dependent family to receive a residence permit for the life of the investment under the Italian Investor Visa program.
Unlike other EU initiatives that became political pariahs by raising property prices and creating uninhabited areas or investment funds limited to ethereal products or subject to stock market volatility, DV SICAF focuses on income-producing, physical real estate assets correlated to an established market, Italian Hospitality. This approach ensures stability and contributes positively to local economies, creating jobs and local support, a true Investment into Italy, plus as a managed fund ensuring transparency of operation and investment.
Expert Management and Comprehensive Support
The success of DV SICAF is underpinned by its expert management and world-class advisory team. At its core, the fund boasts an experienced internal investment advisory team with decades of expertise in developing and operating hotels and hospitality ventures in the Italian market.
To further strengthen its position, DV SICAF has appointed a roster of top-tier advisers, including Gamma Capital Markets Limited as Fund Manager, Amicorp Fund Services SA as Fund Administration Agent, BFF Bank S.p.A as Depositary Bank, BDO Italia S.p.A as Auditor, and Deloitte as Legal Advisor, with Colliers International as valuers of the acquired portfolio.
As a property-backed fund, DV SICAF can provide its partners with a placement fee comparable to levels previously seen in legitimate property transactions, a factor missing in other ethereal or share purchase transactions.
To ensure a smooth investment process, Avanti Advisory Limited has been appointed to conduct investor relations for the fund manager and, ultimately, the SICAF. Their multilingual staff promptly handles all inquiries and provides assistance for client closure.
For visa application support, DV SICAF has partnered with the Deloitte immigration team. Through a dedicated email address and visa response team in Milan, Deloitte offers additional language support and handles applications from inception to the receipt of the ultimate residence permit in Italy.
Leveraging Deloitte’s global presence across more than 700 locations in over 150 countries, investors can expect world-class support throughout the process.
DV SICAF operates primarily as a B2B entity, focusing on its embedded skill sets and unique operational construction in the Italian market. The fund entrusts B2C marketing to its fully supported partners, ensuring appropriate rewards for their efforts.
To cater to diverse markets and client expectations, DV SICAF offers marketing documentation to assist with initial inquiries.
However, recognizing the nuances of individual markets, the fund works closely with partners to refine documentation within regulated guidelines, ensuring it meets specific country or regional requirements.
As Italy continues to captivate the world with its timeless charm and economic resilience, DV SICAF offers a unique opportunity to be part of this enduring success story in the continued growth of Italy’s hospitality industry.
It’s more than an investment; it’s an invitation to weave your own thread into the rich tapestry of Italian life.
For those ready to embark on this extraordinary journey, the path forward is clear. Invest in Italy awaits, ready to guide you through the sustainable residence and investment opportunity that DV SICAF has unlocked. Your Italian dream awaits – all you need to do to make it a reality is to expressly request further detailed information from Invest in Italy today via our website or email us directly at enquiries@investinitaly.world
