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Residence for Capital Investment with Employment Commitments

San MarinoInvestment

Explore the five recorded questions, answers and sources for this pathway.

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What investment option or options qualify?

This ground is for foreigners who invest capital, or who have already invested it, in the territory, directly or through controlled or to-be-formed companies, in economic-entrepreneurial activities, with a guarantee of employment commitments and of connected or instrumental real-estate investments to the activity.

See recorded sources
  • Art. 16(3)(c)
    investano capitali ovvero li abbiano già investiti in territorio, anche tramite società controllate o costituende società in attività economiche-imprenditoriali con garanzia di impegni occupazionali e d’investimenti immobiliari connessi/strumentali all’attività.

What official minimum amount, tier or threshold applies to each relevant option?

No fixed minimum euro investment figure is stated in this ground itself; the qualifying test is a real capital investment in an economic-entrepreneurial activity, coupled with a guaranteed employment commitment and connected or instrumental real-estate investment. Hires forming part of the guaranteed employment commitment must come from the official job-placement lists, excluding partners and their family members from that count. The official source does not state government fees.

See recorded sources
Limits of the record
  • No fixed minimum investment amount is stated in the captured text for the general c) ground; the number of jobs/investment level appears to be case-assessed.
  • Art. 16(3)(c) cont.
    assunzioni di unità lavorative devono avvenire dalle liste di avviamento al lavoro escludendo nel computo, ai fini dell’impegno occupazionale garantito, l’eventuale assunzione di soci e di loro familiari;

How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?

Where authorised for a company still to be formed, the registered residence may only be issued after the company has been formed and its entire share capital paid up. The official source does not state how long the investment must be kept or any continuing investment, employment or physical-presence obligation.

See recorded sources
Limits of the record
  • The required holding period of the investment and continuing employment/investment obligations are not stated in the cited text.

Which family members can be included where officially stated, and what broad residence/work rights result?

On a proposal from the Congress of State and after the Gendarmeria's mandatory opinion, the Commission may extend the registered residence or ordinary stay permit to: a spouse not legally separated (no separation, dissolution or annulment proceedings pending); a dependent child up to 25 who is not married or cohabiting (for minors, with the other parent's consent or court authorisation); and a dependent child unable to support themselves due to disability. Their work rights are not stated.

See recorded sources
Limits of the record
  • The work or other rights of included family members are not stated.

What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?

Residence is granted for the period of the professional and work activity in the Republic, save longer stays the Commission may grant by reasoned decision. Ten years after entry in the resident-population register, once the commitments have been met and after verification by the competent offices (Art. 17, paragraph 5) and the Gendarmeria of the requirements of Art. 17 paragraphs 1 and 2 and of habitual dwelling, residence is deemed consolidated and extends to the cohabiting family unit. Renewal and the investment on exit are not stated.

See recorded sources
Limits of the record
  • How the residence or ordinary stay permit is renewed is not stated
  • What happens to the investment on exit is not stated

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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