Financial advice in Italy

The 2020 rental bonus, introduced to curb the effects of the economic crisis caused by COVID-19, will be renewed.

A GDP decline of more than 10% and recovery not before 2025.

The COVID-19 pandemic in Italy has undoubtedly had consequences for the real estate market, however for the moment, it's not blocking mortgage applications in the country.

On 1st July 2020, new restrictions on cash payments in Italy will come into effect and the limit will be lowered, compared to the current amount, aimed at combating money laundering and tax evasion in Italy. Let's have a look at everything you need to know, including the changes

How does the "ecobonus 110" or "bonus 110" work?

What will the world be like after the coronavirus? This is a question being asked by many across Italy, and the world for that matter, in all aspects from day-to-day life to the future of the economy.

2020 emergency income is a new measure in Italy, part of the country's most recent decree law for the reopening of the country after the coronavirus crisis.

Among the new features in Italy's reopening decree after the coronavirus health crisis, is the 2020 "bonus vacanze" (holiday bonus), a contribution to relaunch the tourism sector in Italy which has been strongly affected by the COVID-19 emergency.

Italy is now well into the frequently talked about phase 2 where the population are beginning to "live with" the virus.

In 2019, the total for outstanding mortgages in Italy was the highest ever: it reached 332.418 billion euros.

With Italy's "Cura Italia" (cure Italy) decree law due to the coronavirus and in the midst of economic uncertainty, several measures have been introduced to help vulnerable and money stretched residents affected by the pandemic, including the possibility to request the suspension

What were the mortgage trends in Italy at the end of March?

After the economic crisis of 2008, Italy will now leave a substantial period of growth behind due to the coronavirus outbreak in the country.

The rental of real estate to university students represents an opportunity for both residential property owners and students, who have a typically practical approach to the rental market: they consult the Internet and evaluate the most convenient offers.

"Real estate doesn't stop".

The most dangerous enemy for the economy is the one that has not yet appeared: the impoverishment that will arise as an effect induced by forced inaction due to the coronavirus outbreak.

Have you agreed to take out a mortgage but the coronavirus crisis has got in the way of the paperwork? Or were you still considering what kind of loan to take out?

The government's business plan to deal with the economic consequences of the coronavirus is taking shape. First and foremost, the budget for the emergency situation has been increased to 25 billion euros.

When you're selling a property in Italy, beware of hidden taxes and costs.

Mortgages, especially for Eurirs (Euro Interest Rate Swap), the reference for fixed-rate contracts are falling in Italy. How much could you save today by taking out a mortgage?

Choosing the right electricity and gas operator in Italy is not easy. The offers are varied and you are often immersed in a real jungle of information which is hard to navigate, especially if you're not a native Italian.

Are you thinking of buying or renovating your first house in Italy? The good news is that in Italy, there is a mortgage guarantee fund for first time buyers, especially for those in the economically weaker categories.

What's the link between the Coronavirus and mortgage rates in Italy? The obvious answer would be: there is no link.

If you do not have children in Italy, one of the reasons why is simply because they cost too much. According to the Italian insurance website Facile.it, in the first year of life a child costs over 3,500 euros. And that's only the beginning.

First home mortgages in Italy: with the new tax legislation in 2020 there have been some changes. Let's find out what they are and how you may be affected when buying your first home in Italy. First and foremost, seizure of properties in the case of non-payment has been stopped if you have dif