What is a bank guarantee?
A bank guarantee is a contract issued by a bank, which assures the beneficiary of the guarantee the fulfillment of an obligation that may not be honored by the contractor of the guarantee.
The bank pays the beneficiary the guaranteed amount specified in the contract if the contractor fails to meet the obligation of the guarantee contract.
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What is meant by the conversion of a residence permit?
If you are an EU or non-EU citizen and you already have a long-term residence permit but need to change the ownership of the residence permit, for example, if you have a student residence permit and want to convert it into a work permit, the immigration office of the police headquarters in your area of residence may require a bank or insurance guarantee to convert the residence permit.
The acceptance of the request depends on the number of entry quotas set each year by the Ministry of the Interior;
For the conversion from a study or minor residence permit to a work residence permit, if the interested foreigner has turned 18 in Italy or has obtained a degree or a postgraduate qualification in Italy, the conversion of the residence permit can be requested at any time and outside the quotas established in the flow decree.
How do you request the conversion of a residence permit?
Who should I contact?
The conversion of the residence permit must be requested only through a specific electronic procedure.
After submitting the request, you must wait a few days and then the foreign citizen will be summoned to the Single Desk for Immigration to deliver the documents and collect the residence permit request to be forwarded to the Immigration Office of the Police Headquarters of their area of residence.
How do I obtain the Bank Guarantee? How is the guarantee made for the conversion of the residence permit?
Write directly online for an immediate response, or call one of our nearest offices. Tel: +39 055 28.53.13 – Tel: +39 02 667.124.17
Email: info@italiafideiussioni.it
You can also contact us via: WhatsApp: +39 339 71.50.157 Send a message, and we will respond during office hours, within 5 minutes..
We are different from your Bank we do NOT block funds as a guarantee. We do NOT ask for deposits.
The duration of the Guarantee for the conversion of the residence permit is usually 12 months.
How long does it take to obtain the guarantee for the conversion of the residence permit?
From the moment we receive all the necessary documents, it takes a maximum of 2 working days.