Tag: Italian Tax

Italy Reopens to Travel – Options for Immigration

Here’s How to Renovate Your Home in Italy for Free

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UPDATE: NOVEMBER 1, 2021: THE ITALIAN GOVERNMENT HAS EXTENDED THE SUPERBONUS PROGRAM TO THE END OF 2022.

Italy’s government is offering a 110% tax credit on certain renovation projects, which essentially means getting to improve your home for free. The so-called “Super Bonus” is available until the end of the year with a chance of it being extended.

Renovations projects eligible for the Italian tax Super Bonus include:

  • Home insulation
  • Centralized heating systems in a condominium
  • Single home heating systems
  • Seismic improvements

The credit can also be extended to the following projects if linked to the above projects:

  • Solar panels
  • Electric car charging points
  • Other energy efficiency project

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Who is eligible for the Super Bonus

The superbonus is not only individuals that are eligible, but also condominiums and amateur sports associations. For seismic improvements, the property must be located in a qualifying municipality.

Super Bonus Limits
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According to Nicolò Bolla, our Italian tax adviser based in Parma, Italy, the maximum credit depends upon the type of work involved. In a post, he details some of these caps.

  • Insulation (external coating, floor insulation) cap is  € 50,000 per house or € 40,000 per unit inside a condominium.
  • Centralized heating systems in a condominium attracts a tax credit capped at € 20,000 per house unit as long as the condominium has eight units or fewer or € 15,000 in apartment buildings with more than eight units.
  • In home heating systems (a single unit) the tax credit is capped at € 30,000.
  • The cap on seismic structural improvements is € 96.000 per house unit underscoring both the expense and importance of such a renovation.

How is the Credit Applied

The credit is applied at 110% of the value of the expenditure up to the caps listed above. The credit can be used to offset the tax payable over the next five years.

So if you spend €30,000 upgrading your home heating system, the 100% tax credit amounts to €33,000. Spread that over five years is €6,600 per year credited against your tax.

Trading your Tax Credit

You are permitted to trade the tax credit with a third party resident in Italy. You can also trade the credit with your contractor provided the amount is credited against the payment for the work itself. The credit can be traded partially or in full.

Sworn Statement

You must obtain a sworn statement to be able to utilize the Super Bonus from both a certified accountant and a certified engineer. We advise you to speak with our Italian tax specialist. Any expenses related to obtaining the expenses can also be deducted as part of the Super Bonus (provided you have not already exceeded the cap).

Italian Tax & Property Services

Italy is an attractive place to establish your residence. The Italian government offers various tax credits to attract Retirees, Self-employed Workers, and High-Net-Worth Individuals to establish their tax residency in Italy. Read all about these tax benefits here. Our firm also works with the One Euro Home Project. Watch our expert webinar on One Euro Homes below.

Visit our Italy Practice Group Home Page for all your information about immigration to and from Italy.

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.

Italian Immigration Options

Italy Launch New Booking Portal for Consular Services

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The Italian Foreign Ministry has launched a new portal for booking consular services appointments at its consultates around the world. Appointments are open to both expatriate Italians seeking citizen services and prospective immigrants applying for Italian residency, citizenship and other services. Called Prenota Online, it is being rolled out worldwide this year. Click here to find your local Prenota site.

Davies & Associates is a one-stop shop for all Italian immigration services. We provide legal assistance with Italian residency, citizenship, tax, property, student visas. We also offer Italian-language support for Italians seeking to move from Italy to the United States. Our Italian presence in the United States is led by Matteo Tisato in Miami. The South of Florida is home to one of the largest Italian expatriate communities in the United States. Matteo is also the key point of contact for our US and global clients seeking Italian immigration and business services. Matteo works closely with our teams located in Florence, Rome and Milan.

Visit D&A Italy Practice Homepage

Cambia il servizio di prenotazione dei consolati Italiani all’estero. Sia che tu sia un cittadino italiano residente all’estero o un cittadino americano che intende fare richiesta per un visto italiano, da oggi potrai utilizzare un nuovo servizio di prenotazione “Prenot@Mi”, il quale sostituisce il servizio precedente aggiungendo funzionalità innovative e semplificate.

Il nostro studio da anni fornisce assistenza legale in materia di immigrazione, assistendo una vasta clientela in materia di residenza, cittadinanza, tassazione, compravendite immobiliari, visti. Offriamo anche supporto in lingua italiana per gli italiani che cercano di trasferirsi negli Stati Uniti. La nostra presenza italiana negli Stati Uniti è guidata da Matteo Tisato, il quale gestisce il nostro ufficio di Miami, in quanto la Florida ospita una tra le più importanti comunità di espatriati italiani nel continente americano. Matteo è inoltre il punto di riferimento per tutti nostri clienti statunitensi e globali che cercano servizi di immigrazione e affari in Italia. Matteo lavora quotidianamente a stretto contatto con i nostri teams situati a Firenze, Roma e Milano.

Italian Residency

The most popular Italian visa category for our firm is the Elective Residency Visa. To apply you need to be able to prove you have at least €32,000/year in funds earned outside of Italy and a place to stay. An alternative pathway to residency is through investment – the Italian government slashed the prices of its Investor Visa last year and now options start from $250,000. A new tax system designed to attract High Net Worth Individuals and retirees as well as self-employed workers was introduced three years ago.

Italian Citizenship

After ten years’ residency a person can apply for Italian citizenship (2 years for EU citizens and a less clear picture for British post-Brexit). An alternative path to Italian citizenship is through lineage. If you are able to prove you have an Italian ancestor you may be eligible for citizenship. This option is especially popular in Latin America – Brazil, Argentina, Venezuela – because of considerable Italian migrant exodus in the early twentieth century.

Other Services

Italy can be quite bureaucratic at times and Davies & Associates network across Italy can help with relocation including explaining all the necessary steps on arrival, and help with finding and signing on a rental or purchased property.

Services for Italians

D&A has helped many Italians move to the United States. The most popular visa is the E-2 Treaty Investor Visa, which allows the holder to move their families to the US to invest in and run a business. Spouses are eligible for work authorization. The visa is renewable indefinitely, so long as the underlying business remains in operation.

Alternative visas are the L-1 Visa for the transfer of a manager or specialized knowledge employee from the Italian office of your firm to the US office (if you do not yet have an office you can create one and apply for the L-1 Visa). The EB-5 Investor Visa requires a $900,000 investment for US permanent residency – it is only used by a small number of Italians each year.

Whether you are looking to move to Italy or you are an Italian living overseas, Prenota will be your online booking system for all future consular appointments. For any questions about Prenota, Italian immigration, or Italian emigration, contact Matteo Tisato for a free consultation.

I nostri servizi per la clientela Italiana
Davies & Associates assiste centinaia di Italiani nel trasferirsi negli Stati Uniti. Nella maggioranza dei casi, la nostra clientela Italiana decide di richiedere il Visto E2, il quale consente all’investitore e alla propria famiglia di trasferirsi in America a seguito di un investimento sostanziale. Questo visto è sempre rinnovabile, a condizione che il business sia operativo.

In alternativa, una soluzione può essere data dal Visto L-1, che si rivolge a Manager d’azienda o lavoratori specializzati che necessitano di lavorare in una succursale americana. Una parte minoritaria decide invece di richiedere direttamente la Green Card grazie ad investimenti di almeno 900,000 dollari.

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.

Italy’s Annual Quota for Non-EU Migrant Workers Tops 30,000 in 2020

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By Matteo Tisato

Each year the Italian government announces how many working visas will be available under its “quota system”. The government releases a Flow Decree establishing a number of available working visas across two main categories.

For 2020 there will be a total of 30,850 non-European workers who will be able to enter Italy regularly.

The 30,850 visa quota is split as follows:

  1. 12,850 visas are available to non-seasonal subordinate jobs, and self-employers, of which 6,150 working permits are available to those who are already in Italy and apply for the conversion of their Permit of Stay (Permesso di Soggiorno);
  2. 18,000 visas are available to seasonal workers in the transportation, constructions, and tourism fields, of which 4.500 are reserved for those coming from Albania, Algeria, Bosnia-Herzegovina, South Korea, Ivory Coast, Egypt, Ethiopia, Philippines, Gambia, Ghana, Japan, India, Kosovo, Mali, Morocco, Mauritius, Moldova, Montenegro, Niger, Nigeria,  North Macedonia, Senegal, Serbia, Sri Lanka, Sudan, Tunisia, Ukraine. For 2020/2021, three more countries have been included: Bangladesh, Pakistan, and El Salvador. Of this category, a sub quota of 6,000 permits are limited those working in the agricultural field. 100 visas are available for those who resides in Venezuela and have at least one Italian ancestor.

There are many different reasons our clients want to move to the boot-shaped peninsula in the Mediterranean Sea.

  • working
  • establishing residency / desire to live in Italy
  • investment opportunities in the real estate market
  • studying and cultural experiences
  • retirement
  • tax benefits

Of all of these, work is one of the most popular motivations. A good 25% of people who contact us are interested in moving to Italy because of its employment opportunities and fair labour conditions.

We all know Covid-19 has had a catastrophic impact on the employment rate in Europe and worldwide. Even before the pandemic, Italy was still struggling to recover from a deep economic crisis, which hit the youth employment especially badly.

However, over the last 2 years, the government made up a series of reforms to the labour market, also allowing people to retire earlier.

For those foreigners who have an employer available in sponsoring them, the Italian labour market offers excellent rights and public benefits.

Benefits of being employed in the Italian labour market

  • First, each employer is insured under the Italian Social Security legislation;
  • Second, the average working week does not exceed 40 hours and overtime is forbidden when it exceeds 250 hours per year;
  • Third, each employer is entitled to have at least a month (four weeks) of paid annual leave, and 11 public holiday days;
  • Fourth, the parental leave is very well regulated in Italy and both mothers and fathers can take a leave up to six months until the child turns 12;
  • Fifth, in case a contract is terminated, all the employees are entitled to a very well-regulated and extensive severance pay;
  • Sixth, workers are entitled to sick leave with full remuneration (most of the time) and have the right to maintain their job while they are sick.

Contact our Italy Team to discuss in greater detail.

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.

Tax Incentives for Investing and Renting Residential Properties in Italy

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By Matteo Tisato

The lure of Italy is undeniable. Stunning landscapes, historic cities, culture, design, culinary tradition. Before Covid-19 hit Italy so badly in early 2020, Rome was the country’s most popular destination with almost 27 million of visitors every year, or 6.4 percent of the total, followed by Milan and Venice (both 2.8 percent), and Florence (2.4 percent).

However, in the recent years, Italy has become an excellent place attracting not only tourists but international investors as well, who are finding always more opportunities and great deals even on tax regimes.

Today we dig into the international real estate business and want to share something that most potential investors in the real estate market do not know: A 10% flat rate for incomes coming from renting out residential properties. 

A 10% flat rate for incomes coming from renting out residential properties. 

If in most cases a rate of 21% is applied to these incomes, for lease contracts that meet certain requirements it is possible to qualify for a 10% flat fee, which is certainly more convenient for the investors/owners. Here are the main criteria to qualify for this special taxation regime:

  • Firstly, the residential lease must be in the form of 3 plus 2 years, or Interim contracts (up to 18 months) or student contracts (up to 36 months).
  • Secondly, the 10% flat rate applies only to leases for which the maximum amount is not freely established by the parties but is determined in accordance with agreements made by the local authorities and the most representative tenant organizations.
  • Thirdly, the 10% flat rate applies exclusively to homes located in specific areas, including the biggest cities such as Bari, Bologna, Catania, Florence, Genova, Milan, Naples, Palermo, Rome, Turin, and Venice. Buying a property in these cities may also include further reductions on IMU, which is the Italian property tax.

International investors are always more interested in investing in the Italian real estate by taking advantage of the above tax regime. In addition, house expenses are usually paid by the tenant, and these include water-sewer taxes, condominium taxes, gas, electricity, Internet/Wifi, and Tv/cable tax.

In addition to reduced rental taxes, Italy offers a range of tax benefits to attract foreign workers and retirees. This includes a generous time-limited reduction on income tax for workers who move their tax residency to Italy. As well as a 7% flat tax on overseas pensions for retirees who switch their tax residency to Italy. Conditions apply.

Italy also attracts high-net-worth-individuals (HNWIs) through a €100,000 flat tax for up to 15 years. This has proved popular with 784 people taking up this offer over the past three years. The majority of HNWI applicants (10%) are from the United Kingdom, where Brexit uncertainty coupled with Italy’s generous tax provisions, have spurred people to act.

For anyone interested in moving to Italy, there are a range of options available. Including the investor visa – for which the Italian government has just reduced the investment amounts; the elective residency visa – for which you need to prove annual stable income in excess of €32,000; the European Blue Card – for highly-skilled individuals; and naturalization by proving Italian ancestry.

Learn more in our podcast.

Contact Us to discuss your case.

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.

Positano Italy

Podcast: Chasing the Italian Dream: Residency & Citizenship Options

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Matteo Tisato, Senior Immigration Analyst at Davies & Associates takes you through various options for moving to Italy, including:

The Italian Investor Visa.

Matteo discusses recent changes to the Investor Visa. The Italian Investor visa has long been considered uncompetitive on price in relation to other, similar European programs. To attract more high-net-worth individuals as a result of Covid. The government has halved the minimum investment requirement of certain investor visa criteria. The pathway to citizenship is also discussed.

The Elective Residency Visa

Matteo discusses the benefits of one of the most popular visas for people looking to work or retire in Italy. The core requirement of the Elective Residency visa is to rent or lease a house and have an income of 32,000 Euros or more.

Italian Citizenship Through Ancestry

In the late nineteenth and early twentieth centuries, Italy experienced mass migration on a vast scale. Many people around the world, especially in the United States, Mexico, Brazil, Venezuela, and Argentina, can claim Italian citizenship through an ancestor. Matteo talks us through the main requirements, including the need to provide documentation to support the claim.

EU Blue Card

The European Union offers a “blue card” program to attract highly skilled workers from around the world. So-named to infer a link to the US Green Card. As you will hear, it is actually more similar to the H-1B visa.

Italian Tax

The Italian tax system can be daunting even to the initiated. Many of our clients want to know the best way to structure their taxes when moving to Italy from abroad. Italy has recently made it more attractive for workers, retirees and high net worth individual to become tax resident.

Hosted by Duncan Hill. Neither Duncan nor Matteo are licensed lawyers in the US or Italy and nothing in this blog constitutes legal advice. Contact Davies & Associates to discuss your circumstances with an attorney.

E-2 US visa for Brazilan Nations

The Italian Dream is now Half Price

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The Italian government is reducing key investment requirements for its Investor Visa by 50%.

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By Matteo Tisato, Senior Immigration Analyst, D&A Italy

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Just yesterday, the Italian Parliament passed into law a governmental Decree with a number of measures aimed at relaunching the Italian economy as a response to the dramatic impact that the Covid-19 health emergency had on the Italian and global economy.

In particular, the Italian government has taken actions in order to attract and encourage foreign capitals and investments from abroad, by reducing by 50% some of the minimum thresholds of the “Investor Visa for Italy”. 

In light of the above said, citizens from all around the world are now entitled to apply for and obtain this visa and its related Permesso di Soggiorno (Permit of Stay) by performing one of the following investments in the country:

• at least 250.000 Euros (previously was 500.000 Euros) in an innovative start-up company incorporated in Italy; 

• at least 500.000 Euros (previously was 1 Million Euros) in equity instruments of companies incorporated and operating in Italy; 

• at least 2 million Euros in Government Bonds issued by the Italian Republic (no changes in the new law)

• philanthropic donations of at least 1 million Euros, in the field of culture, education, immigration, scientific research, recovery of cultural assets and landscapes. (no changes)

The above change in the law does not affect the practical aspects of the procedure. Once the Investor Visa has been issued, the investor (and their family) is entitled to enter Italy and to apply for the Permesso di Soggiorno (permit of stay), which will be issued on the sole condition that the applicant performs one of the above-listed investments within 3 months after the date of first entry in the country. 

The Permesso is issued for an initial period of 2 years and can be renewed for further periods of 3 years, provided that the investment has been fully executed according to the Italian Immigration Law

The steps for obtaining the citizenship of Italy, which is the 3rd largest economy in the European Union, and the 8th largest by nominal GDP in the world, can be quite extended unless all the documents are prepared in accordance with the requirements imposed by the Italian authorities. 

If you think of applying for the Investor Visa for Italy, contact our offices in Florence or Miami, and our attorneys will assist you step by step with this process.

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[email protected]

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This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients.

Italy Reopens to Travel – Options for Immigration

Live your Italian Dream through the Elective Residency Visa

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By Matteo Tisato. Matteo is a Senior Immigration Analyst in our Italy Practice Group. Connect with Matteo on LinkedIn.

With offices across Italy, Davies & Associates is able to help foreign nationals obtain the right to live, work or claim citizenship, collect debts, and pay taxes in the country.

In the first of a series of blogs from the Italy Practice Group, Matteo Tisato examines the benefits, requirements, and timelines of the elective residency visa.

The Italian elective residency visa allows entry into Italy for an open, long-term visit to foreigners who intend to establish their residence in Italy and who are able to do so by showing financial incomes without the need of employment.

Individuals must submit suitable and documented proof of housing (to be purchased or rented) in Italy and an income of more than EUR 32,000 of regular and stable financial resources which are likely to remain steady in the future. Resources must derive from prolific revenues (annuities, rents, pensions, bonds), properties ownership, stable economic-financial activities or other sources other than subordinate employment. This type of visa allows these individuals to enter Italy for an indefinite period of time.

The visa application will involve completing the relevant application form and providing supporting documentation. The Consulate has the right to issue the visa within 90 days, but the processing time is usually between four to eight weeks, depending on the Consulate’s workload, time of year, and applicant’s nationality. The applicant will need to show assets from a portfolio. The Consulate may request original financial statements from banks, investments/brokerage firms, or social security, all indicating current balances.

As soon as the Elective Residence Visa is issued, the foreigner may enter Italy and apply for the Permit of Stay, also called “Permesso di Soggiorno”, within eight days of arrival. Once the Permit of Stay is issued, the immigration process is completed and the foreigner will have proper legal status in Italy.

An individual who obtains an elective residence visa shall not pay taxes in Italy if: (1) is not registered in the City Hall (Comune) of the place where living; (2) and lives in Italy less than 183 days during the fiscal year (January to December); (3) and does not have his habitual abode in the country (e.g. his family lives in Italy and he has in Italy his principal center of business and interests)

Holders of an elective Permit of Stay can apply for the EC Permit of Stay for long-term residents after 5 years of legal stay in Italy. In order to be eligible, they must have registered as residents of Italy and filed tax returns. After 10 years of legal residency in Italy, an individual should be eligible to apply for Italian citizenship.

TIMELINE

Elective Residence Visa Application2-6 Weeks
Residence Permit Application3-5 Months
Residency Registration1-3 Months

This blog is for informational purposes only. Nothing in this blog constitutes legal advice. Please contact us to discuss your specific circumstances.

Investors look to the E-2 Visa as the Cost of an EB-5 Visa Increases from Thursday

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Cost of EB 5 Visa

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice.

 

Barring an eleventh-hour intervention, the minimum investment required for an EB-5 application is increasing from $500,000 to $900,000 in areas of high unemployment and from $1 million to $1.8 million everywhere else.

 

Given the time it takes our attorneys and paralegals to prove that a client’s source of funds meets with strict US requirements, it is most likely too late to apply for an EB-5 at the current rate.

 

For those who can afford the higher investment amount, the EB-5 visa remains one of the fastest routes to a Green Card.

 

For those who cannot afford the higher investment amount there are a range of options available. Here at D&A, the team picking up most of the slack is the E2 US Visa team (although there are a range of other options available and we advise you to discuss them with us.)

 

The E2 Visa is designed for people seeking to move to the United States to own and operate a business. Processing times are quick, and spouses are eligible to apply for work authorization in the United States. It is possible to expand an existing business, open a new one, or buy an off-the-shelf franchise.

 

Only citizens of countries with a relevant commercial treaty with the United States are eligible for E-2 visas. This excludes some countries where demand for US visas is the highest, including India, China and Vietnam. Citizens of these three countries already face a multiple-year wait for an EB-5 visa because demand has far outstripped supply.

 

Yet at D&A we are part of a wave of pioneering law firms working to help citizens of such countries become eligible. For example, we have helped clients obtain E-2 visas by first becoming citizens of Grenada in the Caribbean. Coupling an E-2 Visa with Grenadian citizenship in this way has allowed people to live and work in the United States while on the EB-5 waiting list. If the business becomes large enough, it is feasible that it could be transitioned to a Green Card via EB-5.

 

Grenada is a cost-effective option with no residency requirement or tax on worldwide income.  Processing times are quick and have just got even faster. It is possible for the whole process of Grenada and E-2 to take just a matter of months. Grenada is not the only option available and D&A works with a range of E-2-eligible citizenship by investment programs around the world, including Turkey, Montenegro, and various EU countries.

 

Contact our team today to discuss a bespoke immigration solution to suit your needs.

Italy Relocation: Molise, Sambuca & One Euro Homes

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David Cantor is a licensed attorney in the State of New York based in our Florence, Italy office. David oversees Client Relations for Davies & Associates Global Investor and Business Visa Practice.

 

Recently, select municipalities throughout Italy (Molise, Sambuca, Mussomeli, Patricia, and others) have launched official economic programs to stimulate and rescue dwindling communities. These unprecedented economic strategies involve marketing lucrative offers for individuals and families to establish residency and businesses in select, dwindling, provincial townships and communities – from purchasing 1 EURO homes to effectively gifting 25,000 EUROS/year to those that qualify.

These “too good to be true” offers have attracted significant international media attention, and consequently a high-volume of candidates who wish to pursue the Italy dream. In fact, you do not have to go far to find information – simply Google: “1 Euro Home” or “Molise Italy”.

 

Yet, like many “too good to be true” offers, these Italy relocation programs come with fine-print and unique challenges. While there is still merit to these official programs and there aim to bolster dwindling rural townships, there are some practical considerations for anyone seriously considering them.

 

At Davies & Associates, along with our Italy-based partners, we have taken our time to perform due-diligence on these various programs, learn more about the practical details, challenges and concerns. We have spoken to official representatives at Molise, and scheduled appointments in Mussomeli, Sicily to visit the 1 Euro homes. To say the least, these provincial townships, once quiet, can barely handle the in-flux of inquiries. Many municipalities have had to hire English-speaking staff to simply answer the phones.

 

All considered, before packing any bags and making plans to migrate with the entire family to collect 700 Euros/month out of thin air, it is necessary to understand some basics with regards Italy’s immigration and residency regulations.

 

“You still need a visa for this program,” comments Pietro Pennisi, Partner & Senior Immigration Attorney at JMU law firm in Italy. “Many of the people interested in this program are being misled, or misinformed. You cannot obtain a visa in Italy through these programs, you need a visa for this program.”

 

For non-EU members, to obtain Italian residency, you need the requisite visa for Italy. If you are a member of the European Union, you need proof of health insurance and the ability to demonstrate you have the required minimum capital in your bank accounts. For Non-European Union residents, it is even more complicated. For example, the Molise program (offering 25,000 EUROS or roughly 700 EUROS/month for three years), which will no longer be accepting applications after November 30th, requires you to establish a business in Molise. This requires a work-permit. A work permit requires a visa. Through the visa, you can then apply for residency.

 

In other words, simply purchasing a one EURO home or being accepted into the Molise program does not grant the immediate right to receive a visa for Italy. This still needs to go through traditional, formal immigration processing channels, and eligibility for obtaining a visa in Italy will vary on a case-by-case basis.

 

At Davies & Associates, we offer a full-suite of relocation and business services for Italy. This includes immigration and residency solutions, real-estate and property representation, business and corporate support, as well as tailored tax advice.

In fact, the above programs are simply one part of the bigger picture when it comes to Italy’s efforts to stimulate the national economy (read more about Italy’s new Impatriate Tax Regime for high net worth individuals, investors and pensioners). For those interested in learning more about opportunities to migrate and live in Italy, please contact us today.