Global boundaries are no longer challenging for business owners as international trade is more open than ever. Entrepreneurs are keen to look beyond export and import opportunities and leap big by setting up ventures overseas. But you may have several concerns when it comes to starting from scratch in another country. Besides the cost of launching a business, immigration can be the most stressful aspect. But experts at Bersani Law Firm recommend a few shortcuts if you want to start a business in Italy without worrying about a tight budget and legal hassles. Let us explain how to overcome the immigration challenges for setting up a business overseas.
Select your destination wisely
The first step is to choose your destination wisely because it determines the success of your business. After all, you cannot expect to launch a startup in a country without an open market or with stringent regulations on new enterprises. Successful global entrepreneurs emphasize researching the market to understand customer expectations, competitive landscape, and demand for their products. Also, dig deep into the local regulations and tax norms to ensure they are favorable for expats. These factors can make all the difference for a comfortable start in the country.
Explore your immigration options
Another surefire way to overcome the immigration challenge is by exploring your options. Countries like Italy are more liberal in this context because they offer multiple immigration routes. You may land as a citizen if you have ancestral roots, marital connections, or long-stay history in the country. But the investor visa is a real game-changer because it has minimum eligibility requirements. You only need to invest in Italy, and the best part is that you even have multiple investment alternatives starting with €250,000. The process does not require you to bring funds until completion, and it takes only a few months to wrap up.
Collaborate with an expert
This one is a no-brainer because an immigration expert can help you complete the process with zero hassles. From helping you choose the ideal immigration route to explaining the steps, they cover you from start to end. Moreover, you can rely on their guidance on paperwork because they ensure no omissions and errors in documentation. There is hardly a chance of a delay or refusal due to a mistake at any step. Collaborating with an expert is even more crucial if you plan to apply for an investor visa. You will need to go through several formalities before obtaining citizenship by naturalization. The process takes a decade with the Italian investor visa and involves renewals of your residence status down the line. An expert can help you with them so that you can focus on your business venture.
Immigration is perhaps one of the most challenging aspects of setting up a business abroad. At the same time, it is the mainstay of an overseas venture because you can launch your business only after landing in the country as a legal immigrant. The good thing is that you can ease the stress by following these simple steps. Most importantly, find an immigration expert you can rely on.