Mar 31 No Comments Why to move to Italy Now? Categories: Market Trends,Tips Why to move to Italy Now? No Real Estate capital gain taxation after 5 years from purchase Low Property Taxation Excellent and free Sanitary System for residents Heritage taxation exemption up to 1 Million (more details available upon request) Flat Tax (see details below) About Flat Tax, in the ordinary regime, Italian resident Individuals are subject to tax on their worldwide income. However, recently Italy introduced an alternative tax regime that consists in the payment of a fixed amount of €100.000 per year on foreign source income. Who does the Flat-tax regime apply to? The new Flat-tax regime applies to non-resident individuals who transfer their tax residence to Italy. The Italian Tax Administration clarified that individuals must actually move to Italy in order to benefit from the new Flat-tax regime. Access to the regime is limited to individuals who have had a foreign tax residence status for at least 9 out of the last 10 fiscal years Take a look to our properties listed online!
