Discover Italy’s attractive tax incentives for new residents
Since 2017, Italy has introduced a revolutionary tax regime designed to attract high net worth individuals and foreign investment. This innovative tax policy, known as the Italian Flat Rate Regime for New Residents, offers substantial benefits for those considering a relocation to this beautiful Mediterranean country.
Main advantages of the Italian Flat Rate Scheme :
- A flat-rate substitute tax of €200,000 per tax year on all foreign-source income
- Option to extend the scheme to family members for only €25,000 per person
- Valid for 15 years
- Exemption from inheritance and gift tax for assets held abroad
- No tax declaration required for financial assets and foreign investments
- Exemption from tax on foreign real estate (IVIE) and financial assets (IVAFE)
Who is eligible for the Italian Flat Rate Scheme?
This attractive tax regime is available to people who:
- Are “newly resident” in Italy
- Have not been tax resident in Italy for at least 9 of the 10 years prior to relocation
The application process
- Contact the Italian Revenue Agency for a Tax Rescript (optional but recommended)
- Receive a reply within 120 days
- Choose the substitute tax regime in your tax return after relocation
- Provide the necessary information in the tax return, depending on whether or not a rescript has been requested
Why choose Italy for tax relocation?
Italy offers much more than just tax advantages. The country boasts :
- A rich cultural heritage and joyful lifestyle
- Magnificent landscapes, from seaside resorts to mountain retreats
- Proximity to other attractive locations such as the Côte d’Azur and Monaco
- A mild climate with around 300 sunny days a year
Expert Assistance for Your Relocation Journey
Relocating for tax reasons is an important decision that requires expert advice. Firms such as Studio Legale Europeo and BOISBOUVIER ROBERT LAW & TAX OFFICES offer comprehensive assistance, including :
- Eligibility checks
- Analysis of assets and income
- Assessment of the impact of the tax system
- Support in applying for tax rescript
- Ongoing tax compliance and family office services
A Golden Opportunity for International Residents
The Italian Flat Rate Regime presents a unique opportunity for high net worth individuals looking for an advantageous tax environment combined with an unrivalled quality of life. By carefully navigating the application process and relying on expert assistance, you can realise your dream of relocating to Italy while enjoying significant tax benefits.
For more information on tax relocation to Italy, contact qualified tax experts specialising in international relocation.
Download Our Full Brochure
For detailed information on the Italy-Monaco relocation programme, including all the tax benefits, eligibility criteria and the application process, we invite you to download our full brochure. Click on the button below to access this comprehensive guide to help you make an informed decision about your tax relocation to Italy.
This brochure will provide you with in-depth information on the Italian Flat Rate Scheme and guide you through each stage of your relocation journey. Don’t miss this opportunity to explore in detail the exceptional tax advantages offered by Italy to new residents.
