TIMES.KY

Cayman Islands, Caribbeanand International News
Thursday, Apr 18, 2024

This entrepreneur helps Americans get Italian passports. Business has boomed during the pandemic

This entrepreneur helps Americans get Italian passports. Business has boomed during the pandemic

Marco Permunian helps Americans acquire Italian passports. Business has never been better, the entrepreneur says.

A charged political atmosphere in the United States and the country's coronavirus response has contributed to a surge of interest among Americans who want to claim Italian citizenship, according to Permunian, the founder of Italian Citizenship Assistance (ICA).

"I have never seen anything like this in my decade-long career," says Permunian, whose agency helps foreigners obtain Italian passports.

Permunian, who has a clientele that is 95% American, says that requests for his service increased by up to 400% compared to last year as the coronavirus pandemic exploded in the United States. That comes on top of increased interest following the divisive 2016 US election.

"Currently, we have a team of more than 60 people working in our firm, in both our Italian and US offices," he says. In order to keep up with demand, his agency has had to nearly double in size in just a matter of months.

Italy could benefit if the new passport holders decide to relocate. The country has one of the lowest birthrates in the world and a stagnant economy, and it
has in recent years offered tax incentives to foreign workers and retirees who become residents, as well as the super rich.

Becoming Italian


People born in the United States are automatically US citizens. But that principle doesn't apply to most countries in Europe, where citizenship is inherited through parents or family.

That means some Americans who descend from immigrants are eligible to become Italian citizens. The main requirement is that the family member who immigrated from Italy to the United States did not become naturalized before the birth of the next person in the line of descent.

If an applicant qualifies for citizenship, it can take up to two years to secure a new passport.

Jim Cavallaro, a professor and the executive director of the University Network for Human Rights, is a recent Italian citizen and client of Permunian's. He and his daughter began seriously pursuing Italian citizenship after President Donald Trump was elected.

"In 2016 and 2017, with the current administration, I began to see worrisome signs of decay of the institutional integrity of the democratic processes in the United States. I began to be concerned; I thought this is a country which is very polarized ... in which I think the national priorities have skewed off course," says Cavallaro.

The benefits


Some Americans are attracted by benefits of Italian citizenship including universal health care, affordable university tuition and the right to work and reside anywhere in the European Union. The passport also means better travel opportunities.

According to the Passport Index, a passport ranking website run by advisory firm Arton Capital, an Italian passport now means easy access to 133 countries. Coronavirus travel restrictions mean that an American passport, once among the most powerful in the world, temporarily grants holders easy access to only 97 countries.

Italy was hit hard during the early days of the pandemic and cases are rising once again — accompanied by tighter restrictions. But the country succeeded in bringing the virus under control over the summer months, and the government's response hasn't been heavily politicized.

Romance novelist Kristen Helmstetter and her family started the process of obtaining Italian citizenship before the pandemic. Now living in Italy, they were able to see the difference in how the two countries were handling the virus during a trip back to Arizona in February.

"We were grateful to come back to Italy when we did. We were given the choice and we chose to come back to Italy knowing that ... there was a global pandemic."

For some, the pandemic has become a time to rethink assumptions once taken for granted.

"There are decisions about how a state should be run that I think are becoming more and more clear to people in the United States and people are beginning to question, is this the best place in the world to live? And I think the answer increasingly ... not necessarily," says Cavallaro.

Permunian believes more doors open with two passports.

"An Italian passport can open up many business opportunities in Italy and the rest of the Europe," he says. "Many employers see having a team member with two passports as a great asset which can lead to possibilities some can only dream about."

Newsletter

Related Articles

TIMES.KY
0:00
0:00
Close
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Italian Court's Controversial Ruling on Sexual Harassment Ignites Uproar
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
BBC Personalities Rebuke Accusations Amidst Scandal Involving Teen Exploitation
A Swift Disappointment: Why Is Taylor Swift Bypassing Canada on Her Global Tour?
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
Unilever Plummets in a $2.5 Billion Free Fall, to begin with: A Reckoning for Misuse of Corporate Power Against National Interest
Beyond the Blame Game: The Need for Nuanced Perspectives on America's Complex Reality
Twitter Targets Meta: A Tangle of Trade Secrets and Copycat Culture
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
×