[email protected]
+350 5600 5757

ITALY

Making Italy Your New Home

Start My Journey

Retire in Style in Italy: A Charming Retreat for Retirees

Italy, with its rich history, exquisite cuisine and breathtaking landscapes, has long been an attractive destination for expatriates seeking a harmonious blend of culture, tradition and style.

At Advice for Expats, we understand that your journey to Italy represents a transformative chapter in your life, filled with unique experiences and new horizons. Let us be your trusted partner in navigating the intricacies of expat life in Italy and help you make the most of this remarkable adventure.

Moving to Italy: Crafting Your New Beginning

The prospect of moving to Italy can be both exhilarating and challenging. Our experts will guide you through the logistics, ensuring you secure the right visas and permits while assisting you in finding your ideal residence. Italy’s enchanting tapestry of historic cities, picturesque villages and diverse landscapes awaits your exploration offering you a canvas on which to create your own expatriate story.

Living in Italy: Embrace the Dolce Vita

Imagine awakening to the aroma of freshly brewed espresso, strolling through ancient cobblestone streets and savouring delectable cuisine that’s steeped in tradition. Living in Italy isn’t just an adventure; it’s a transformative experience that captures the essence of the “Dolce Vita.” The cost of living in Italy is affordable but it’s essential to understand the specifics, from housing to daily expenses, to fully embrace Italian life.

Retirement in Italy: Your Next Chapter Awaits

Italy provides retirees with the promise of an exceptional and affordable retirement. Those considering retirement in Italy will find a unique blend of top-notch healthcare, a benign tax environment and a leisurely lifestyle. With our expert guidance, you can explore the myriad of retirement options in Italy, gaining valuable insights into residency prerequisites, pension strategies and tax optimization opportunities; ensuring that your retirement years are filled with peace of mind.

Taxes in Italy: Navigating the Fiscal Landscape

Understanding Italy’s tax landscape is crucial for expatriates. We demystify income tax, capital gains tax, inheritance tax, wealth tax and other relevant taxes, providing you with strategies to optimize your financial well-being as an expat in this country. Your financial security and peace of mind is our main priority.

Italy’s income tax is progressive, with rates ranging from 23% to 43%. Tax rates vary depending on your income level.

Capital gains tax from the sale of real estate or securities are subject to taxation. The rate varies depending on the asset and holding period.

IVA is a consumption tax similar to the Value Added Tax (VAT) in other countries. The standard rate is 22% but reduced rates of 4% and 10% apply to specific goods and services.

Italy imposes a wealth tax on financial assets held outside of Italy by Italian tax residents. The tax rate is 0.2% on the value of financial assets exceeding €1.5 million.

It’s possible to qualify under the ‘Resident Non-Domiciled Regime’ whereby you are only taxed on Italian sourced income. The taxation of foreign income is limited to a flat fee of €100,000 per year, regardless of the amount of foreign income you receive. Investment income, such as dividends and capital gains from foreign sources, is exempt from taxation in Italy.

Securing your financial future as an expat in Italy requires a comprehensive understanding of the pension system and available options. Italy offers various pension schemes designed to provide financial security during retirement while optimizing tax benefits. Our experts will walk you through these pension choices and help you make informed decisions that align with your long-term financial goals and minimize your tax liabilities. Crafting a personalized pension strategy is essential to ensure a comfortable retirement in Italy that suits your expat journey.

Preserving your legacy is essential and Italy’s inheritance tax laws can be complex. Inheritances and gifts may be subject to taxation, but rates and exemptions vary based on the relationship between the donor and recipient. We will guide you through the intricacies, helping you understand your obligations and opportunities to minimize the impact of inheritance tax.

Why Choose Us?

Our extensive network connects expatriates to the best professionals in their respective fields, ensuring that you receive expert guidance and support during your expat journey in Italy. While we do not provide direct services to clients, we are dedicated to helping you access the right expertise to make informed decisions and achieve your financial goals.

Start Your Journey With Us NOW

Are you ready to embark on your Italian adventure? Whether you have questions about moving, retiring or living in Italy, we are here to provide you with answers. Contact us today and let’s transform your expat dream into reality. Your Italian adventure begins now and we are here to ensure that every step is memorable rewarding and filled with the promise of a brighter future.

If you require advice, you can arrange a free initial financial consultation with a trusted expert on:

Telephone: +350 5600 5757
Email: [email protected]

    Basic Details

     

    Advice For Expats cares about your privacy.

    1.‘Opt-In’ and expressly consent and permit Advice for Expats to confidentially share your information and introduce you to an expert from our professional network, selected specifically to meet your needs. You also expressly consent to Advice for Expats to send you marketing information on similar products and/or services that we believe may be of interest to you.;
    2. Understand you have a right to ‘opt-out’ and unsubscribe from our mailing lists by clicking on the relevant link within our marketing communication emails.