Opening a company in Italy allows a foreign entrepreneur to obtain a residence permit under the self-employment program (visto per lavoro autonomo). An Italy residence permit through business is initially issued for up to 2 years and may be extended if the grounds are maintained. A residence permit is also issued to a spouse and minor children. Together with resident status, the entrepreneur gains access to preferential taxation for small businesses, the opening of bank accounts of all types, medical and social services, and, in the future, the right to apply for Italian citizenship.