The Italian Government has adopted the Decree n. 113/2024 (entered into force on August 10th, 2024), increasing the HNWIs’ annual flat tax from Eur 100.000 to Eur 200.000. The Decree includes a grandfathering clause under which the above increase will be applicable only to those that move their habitual residency to Italy after the Decree enters into force; for those who already joined this tax regime, nothing shall change. Furthermore the Law doesn’t modify any of the other features of the previous regulation, as thequalifying family members are still able to join due to the annual payment of a €25,000 flat tax per person.
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The Budget Law 2019 (Law No. 145/2018 - Art. 1, paras. 273 – 275) approved incentives for those individuals (non resident) in Italy who receive a pension provided by foreign legal entities and choose to move to certain regions in the south Italy. This Law allows them to subject [...]
Buying a castle in Italy: a prestigious asset and profitable business opportunity Imagine waking up in the morning and looking out the window to observe the rolling Tuscan hills bathed in sunlight or admiring the sunset reflecting on the crystalline waters of Lake Como. Imagine yourself starring in this [...]
Home buying & selling by foreigners in Italy: first-half 2023 ReportItaly continues to be a favorite destination for foreigners from all over the world to buy a house.In this first half of 2023, Tuscany remains the preferred region of foreign buyers (18% of requests) but it is the southern regions [...]
The controversy over the limits on short-term rentals in cities also involves the opposition between apartment owners within condominiums. A dispute that often ends up in the halls of our Courts. On the one hand, property owners who want to feel free to rent their real estate units as [...]
