Financial advice in Italy

When you have a second home in Italy, it’s often necessary to send money to the country to pay for bills, taxes and other living expenses of being an expat, but banks and money transfer companies can sometimes take advantage of exchange rates and fees.

From property tax changes to short-term rentals, the economic growth decree is a law that has been given the green light by the Italian House of Representatives and contains important measures for the real estate sector in Italy.

The guide to tax deductions for restructuring work on Italian properties, updated in May 2019, has been published on the website of the Italian Revenue Agency. Building work for the refurbishment of Italian building carried out on individual units or on the common areas in condominium buildings can

The new bill from the Italian political parties M5S and Lega, the so-called "simplifications package" or "pacchetto semplificazioni", has been given the green light by the House of Representatives and will now go to the Senate.

The best way to finance the purchase of property in Italy is with a mortgage.

As of Thursday 2nd May 2019, it has been possible to send off your income tax returns in Italy.

When you take out a mortgage in Italy, the guarantees you can give the bank aren’t always enough. That is when they may ask you for a guarantor.

Current mortgage rates in Italy seem to be too low to keep dropping. So will mortgage interest rates soon start to rise?

With the Legge di Bilancio 2019, the Italian government introduced a Flat Tax of 7% for all pensioners who move their residence to Italy. This is a rule that is intended to encourage natural persons who receive a pension from a non-Italian institution to transfer their residence to Italy. The Flat

When getting a mortgage, it’s very important to consider all the options carefully and know exactly what you’re getting into.

The amount of money people asking for and the amount granted on the rise, subrogation declining, and favourable rates. This is the summary of 2018 for mortgages in Italy.

There are four basic property taxes that you have to pay when you buy a house in Italy: Land Registry tax (imposta ipotecaria) Cadastral tax (imposta catastale) Stamp Duty (imposta di registro) VAT and other expenses The amount of tax you have to pay on Italian property purchases may depend

After the announcement of zero European Central Bank (ECB) rates for the whole year and the new round of targeted loans by Frankfurt to European credit institutions, how have mortgage rates reacted?

What is a ‘mixed loan’ in Italy and what tax deductions are available for this type of mortgage? Today, we investigate the concept of the Italian “mutuo misto”. The term ‘mixed loan’ in Italy has a very specific meaning, not the same as it is in other countries.

With its recent judgement 6882/2019, the Sezioni unite della Cassazione (Joint Session of the Court of Cassation in Italy) stated that is was lawful for a landlord to place a clause in an Italian lease agreement stating that the taxes and duties relating to the rented property should be borne by the

One of the new rules that has been introduced with the Italian Budget Law 2019 is a measure that provides tax relief to attract pensioners to southern Italy.

Two more years until we adopt the new Euribor. The European Commission has decided that the change to the new system of indexing mortgages rates in Europe can be pushed back to 2021.

Even a small amount of money can yield great returns.

The Italian waste tax called tassa sui rifiuti or TARI is a municipal charge on the cost of disposal of solid waste and refuse. If you own or have a property in Italy that is likely to produce trash, you are required to pay the tax.

Energy efficiency measures on your house in Italy, such as installing solar panels and radiator valves, can benefit from Italian tax breaks.

Italy wants to attract pensioners and is determined to compete with countries like Portugal and Spain when it comes to retirees moving there.

Up-front tax savings upon the purchase of a property in Italy Requirements These tax savings apply to anyone (Italian national or foreigner) who buys a “Prima Casa” in Italy.

The 2019 Budget Law in Italy extended the flat rate tax scheme (known as ‘Cedolare secca’ or ‘Dry coupon’) to include commercial real estate and warehouses as of 1st January 2019.

The Italian government’s 2019 budget has officially approved an extension this year for the restructuring bonus, i.e.

Buying a home abroad can be a way to secure a second home in an exclusive location or to diversify your investment portfolio.