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Italy incentives: 7% tax rate on pension and foreign income for new tax residents

The retired migrant’s tax concessions program, Italy 2019 Italy has introduced favourable tax policies for those who want to retire in Italy, or move their tax residency to certain parts of Italy (applicable for returning Italians or new residents) The exceptional news about the tax regulation is that it applies to all foreign source income. […]

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Current Brexit guidance for British Citizens

As you well know, a stalemate has developed in the UK and recently claimed the scalp of the Prime Minister. What remains to be seen is whether a new leader can find an alternative solution that has sufficient support and which can create unity within the UK parliament and within the wider UK population. Despite […]

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Italy’s New Tax Resident regime & Investor Visa

A new favourable taxation option is now available for new residents to Italy, designed to encourage and increase investment. These rules provide for a new fixed-amount substitute tax which new residents with high foreign incomes have the option to pay annually, and which becomes the maximum and only amount of tax they will pay on their […]

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Residents in Italy holding Swiss bank accounts

Italy’s tax authorities have just requested information from Switzerland concerning 10,000 bank customers who reside in Italy These clients deposited a total of 6.7 billion euros in Switzerland, according to an article from Reuters newswires. The police said in a statement this action concerns Italian residents holding 9,953 financial positions in Switzerland. The police declined […]

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What is an IFA?

Knowing what kind of adviser you are dealing with is important Financial advisers and planners can go by many different titles and present themselves in different ways. In Italy, the most common financial adviser is known as a Promotore Finanziario. These are not IFA’s in the international context. A Promotore Finanziario usually works for or […]

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Capital protection and growth in one investment?

Investing with confidence is something many of us find difficult to accomplish. Bad news sells, and the economic environment and uncertainty we hear around us and in the media, can combine to make us risk-averse, unwilling to invest and shy of putting our savings into a new investment. However without investment, without some risk, your […]

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All thoughts are my own. The information contained here is not personal financial advice tailored to individual needs.