Second Pass

Retirement in Italy

The Verdict: Unlikely

Capital alone does not meet the elective residence test, which looks for regular income, so this is a long shot as things stand. To change that, turn part of your capital into a documented recurring payment and build several months of it.

Consulates ask for income that is stable and continuing. A large balance or the proceeds of a sale is a stock, not a flow, and they will not infer an income from your ability to generate one.

An annuity, an income-paying fund or a let property produces the kind of payment the visa looks for. Consulates look back over months, so start a year before you want to move.

Email yourself a summary

Send your result and every answer you gave to your inbox, so you have it when you need it. We're copied on the email, so if you'd like our team to take a closer look, just reply.