Investing in Italy
Italy, a symbol of elegance and refinement, embodies a unique art of living where history, culture, and gastronomy blend majestically.
From Rome to Venice, each city is an open-air museum, bearing witness to a glorious past and timeless creativity. Its landscapes—from the Tuscan hills to the enchanting Mediterranean coasts—inspire and captivate.
Cradle of the Renaissance, haute couture, and the dolce vita, Italy charms with its unmistakable allure, artisanal craftsmanship, and relentless pursuit of beauty.
The steps
Acquisition Process
1. Verification of the property through a notary. 2. Signing of the preliminary contract (caparra confirmatoria). 3. Deposit of 10 to 30% of the purchase price. 4. Signing of the final deed before a notary and registration.
Taxes and Fees
• Registration fees: 2% (primary residence), 9% (secondary residence). • Notary fees: 1 to 2%. • Property tax (IMU): 0.4 to 0.76%. • Income tax on rental income: 21% (flat rate) or progressive rates up to 43%. • Capital gains tax: 26% (exempt after 5 years).
Advantages & Disadvantages
Diverse market (cities, countryside, coastline). Attractive tax regime for foreign retirees (7% tax rate). “1 Euro House” program in some villages. Bureaucratic process can be complex. High property taxes on second homes.
Recommended Areas
• Milan, Rome, Florence: Reliable value for resale. • Italian Lakes: High-end seasonal rentals. • Sicily, Apulia (Puglia): Affordable prices with strong potential.
Fiscal Strategies
• Opt for the “Flat Tax” regime (€100,000/year max) for new residents. • Purchase through a company to reduce rental income taxation.
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