Relocation & Tax Benefits for High-Net-Worth Individuals
Italy isn’t just a dream destination – it also offers enticing tax incentives for those who establish residency.
Our firm provides comprehensive support if you choose to relocate to Italy or plan your investment to benefit from special tax regimes relocate to Italy or plan your investment to benefit from special tax regimes.
Service provided
Residency & Visa Assistance: Guidance on obtaining the appropriate visa or residency permit when moving to Italy. We help determine the best path -whether an Elective Residence Visa (for retirees or persons of independent means) or the Investor Visa program for high-net-worth individuals- and assist with the application process. From preparing required documents to liaising with immigration authorities, we make relocating to Italy as smooth as possible.
Tax Incentive Optimization: Italy has introduced several tax regimes to attract affluent foreigners. Our legal team, in coordination with tax experts, helps you take advantage of incentives such as
A. The Non-Domiciled Flat Tax Regime: A special program allowing new Italian residents to pay a flat €100,000 annual tax on all foreign-sourced income. We assess your eligibility and handle the election procedure for this regime, so you can dramatically simplify your global tax situation while in Italy.
B. The 7% Pensioners’ Tax Program: A flat 7% tax on all foreign income for eligible retirees who move their residence to a qualifying town in Southern Italy (regions like Puglia offer many such towns). If you’re a foreign retiree, we’ll advise if you qualify and assist with the formal request to Italian tax authorities, ensuring you receive this benefit for up to 10 years.
C. Other regional incentives and property tax breaks: (For instance, some municipalities offer tax credits or reduced property taxes to new investors.) We keep abreast of local and national incentives that could apply to your case, ensuring you never miss an opportunity to save.
Wealth & Estate Planning: Comprehensive estate planning services to integrate your Italian assets. We advise on how to hold your property (personally or via a family company or trust) to balance tax efficiency and inheritance goals. Italian inheritance law has forced heirship rules that might affect how your property passes to heirs. Our firm can draft wills compliant with Italian and international law to protect your wishes. We also guide you on gift and inheritance taxes, which are relatively low in Italy but still require proper planning for international families.
Cross-Border Tax Compliance: For clients who will split time between Italy and their home country, we provide counsel on double taxation treaties and foreign asset reporting requirements (For example, Americans moving to Italy must manage U.S. tax obligations alongside Italian ones). Our advice ensures you remain compliant in all jurisdictions while benefiting from Italy’s schemes.