Italy boasts a cultural heritage and is one of the world’s top tourism destinations. The country hosts a fully diversified economy, the EU’s 3rd largest and the 8th largest global economy, and the local market is relatively affluent – GDP per capita reached $35,551 in 2021.
Italy is the 2nd largest manufacturing economy in Europe and has a large manufacturing trade surplus that covers many different sectors, including pharmaceuticals, machinery and automation, telecoms, food, and many forms of design (fashion, furniture, textiles, etc.). It also supports world leading research and innovation in the technology, life sciences, and robotics fields, to name just a few.
Its location in southern Europe and excellent logistics make it a perfect bridge to access markets in North Africa and Central and Eastern Europe, and Italy welcomes foreign investment. Though the regime is strict and regimentally enforced, Italy hasn’t set minimum capital requirements or general quota restrictions on foreign ownership.