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Relocating to Italy is a dream for many Americans. Between the art, food, landscapes, and lifestyle, it’s easy to see why so many retirees and remote professionals are packing their bags. But along with the beauty of Italy comes a serious practical question: what happens to your U.S. retirement accounts and investments once you become […]
If you’re considering buying property in Italy, you’ve likely come across the IMU (Imposta Municipale Unica) tax. This property tax is an important financial obligation for homeowners in Italy. Understanding how it works can help you plan your budget accordingly. When you’re purchasing a second home, knowing the ins and outs of IMU will ensure […]
If you’re dreaming of retiring in Italy or moving abroad to enjoy a more relaxed lifestyle, there’s a financial incentive you need to know about. Southern Italy offers a 7% flat tax for expat retirees. This tax rate makes Italy an attractive destination for those looking to maximize their savings while enjoying the Mediterranean lifestyle. […]
Recent remarks from Italy’s Economic Minister Giancarlo Giorgetti have caused concern among homeowners.
Italy presents specific tax implications for luxury homes, which differ from those of other residential properties.
Residents who hold property, savings, or investments outside of Italy may be subject to IVIE and IVAFE taxes on foreign assets.