Italian Citizenship Allows Access To The European Union For Business Or Pleasure

Brexit is closing in on the UK without a realistic strategy and Britain now faces an uncertain future with regard to Brexit despite the number of hours spent debating it, the number of column inches written about it and political bluster surrounding it. For Britons with an Italian heritage now would be a good time to consider dual nationality particularly as British citizenship alone will not provide the previously held advantages. Fortunately, Italy does not place the type of demanding or limiting restrictions seen in other countries to obtaining citizenship. Italy will allow an individual to achieve Italian citizenship if they can demonstrate direct descent regardless of where the descendant is or was domiciled, nor is the Italian connection limited to parents only. Grandparents can bestow citizenship on their descendants. Marriage to an Italian citizen and residency in Italy for ten years can also deliver citizenship.

The reasons most people seek Italian citizenship are the ability to continue to travel around Europe unrestricted, this may be for a variety of reasons, simply to be able to visit Italy and other countries within the European Union as a tourist or for business interests or other work-related reasons. For investors and entrepreneurs there is a significant advantage to having dual citizenship if the European Union is a target market. Investors are not restricted when purchasing foreign securities or any other tangible assets and can invest in real estate, Eurobonds or unit trusts. Likewise, an entrepreneur can start a business within the European Union without the restrictions likely to apply to an individual who only has British citizenship.

Any ambitious commercially minded British entrepreneur will be anxious not...