It's the so-called Italian Golden Visa, a National Visa for non-EU citizens who make a qualifying investment in Italy. Eligible investments include government bonds, equity in Italian companies, philanthropic donations, or innovative startups.
It offers a relatively predictable path to Italian residence outside the quota system, in exchange for committing a defined amount of capital. The minimum thresholds depend on the type of investment.
The investment must actually be made within a set period after the visa is issued. Failing to deploy the capital can cost the visa and the related residence permit.
Official source
Ministero delle Imprese e del Made in Italy
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