2024 TAX LAW FOR IMPATRIATES: NEW RULES Still a great opportunity for those who want to buy home in Italy in 2024 The Decree no. 209/2023 recently adopted by the Italian Parliament has introducedsignificant updates to the “impatriated tax regime”, which deeply modifies the criteria for accessing tax breaks [...]

Based on the provisions of the 2024 Budget Law, in the case of properties other than the main residence and not acquired by inheritance - and on which 110% Superbonusinterventions have been carried out - the capital gain tax (deriving from their sale) will apply for 10 years. [...]

Good news for overseas property buyers Expanding of your Budget and power of purchase Securing of a non-resident Italian mortgage to purchasing a property has always been considered in the past kind of complicated, if not virtually impossible. The current historical situation might instead lead to a different scenario, [...]

CANADA: Government announces two-year extension to ban on foreign ownership of Canadian housing. As consequence, the Condition of Reciprocity between Italy and Canada will remain suspended for more 2 years, until January 1st, 2027.