Italy ERV

Hello!

My wife and I have been planning a move to Italy in the near future form the USA and are pretty intrigued with the ERV. Although, I have questions for you experts regarding the income or net worth requirements.

Our consulate is SF and my wife and I are aiming for about $3M before even thinking about such a move. My question is... We are not pulling from any of our accounts, have no investment property, nor do we have any pensions. While working we have been investing all that we save. We are putting into ETF's, individual stocks, dividends that we reinvest, mutual funds and bonds to maximize profits, while staying relatively safe. Our plan was to use the 3-4% rule and live off our investment portfolio for the rest of our lives.

Will we not meet the requirement because we do not pull from any of our accounts, hence this does not count as "income"? Even if we come in with a full layout of our assets and our intention of how to withdraw the assets over time every year, while showing how our money will last using the “Monte Carlo” model, from our financial advisor. In essence.. a brokerage distributions plan.

I originally thought there was no way we wouldn't qualify, but after reading some posts on this page.. I am really not sure anymore.

Any and all input is very welcome. I super appreciate any insights I can get from the people who have actually been there and done it!