How do you become resident or even a citizen in Italy? I thought I would provide some summarised information to help new arrivals and British nationals alike. (This article was originally published in february 2020, updated in May and October 2020) This is especially relevant for British nationals since Brexit This is a guide for […]
Tag Archives | tax
Tax Incentives for moving to Italy
You are unlikely to move to Italy purely for tax advantages. It’s more likely you will have thought deeply about your personal and work future plans, and experienced many emotions about the difficult choices facing your life after brexit. These decisions are of course not to be taken lightly, and are likely to have been […]
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 […]
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 […]
Banking secrecy for Italian tax residents, is over.
A Swiss tax Information-sharing agreement was signed on Monday Matteo Renzi has tweeted how “billions of euros” can now return to the Italian State, thanks to his signature on an agreement with Swiss authorities on Monday February 23. Italy and Switzerland have now formally agreed to exchange taxpayer information, as is already the case today […]