Navigating Italy's Attractive Tax Landscape

Together with Roy Saunders, Walter Andreoni, an International Tax Lawyer from Mercanti e Associati in Milan explores how Italy’s flat tax of €100,000 on foreign source income and a 15-year duration, aims to entice wealthy individuals to move long-term to this beautiful country. Walter expertly navigates through the intricacies of this regime, explaining the balance between generous tax benefits and the economic contributions expected from new residents.

In this episode, Roy and Walter also compare Italy's tax regime with those of other enticing destinations like Spain and Portugal.  Like these countries and as required by the EU, they explain that the aim is not to assist tax avoidance, hence its anti-abuse rule concerning the taxation of foreign capital gains realised within the first five years of residence. But whether you’re a fund manager or just exploring new residency options, this episode is packed with valuable information to help you make an informed decision about moving to Italy. Although somewhat biased, Walter explains that it is Italy’s lifetime allure that, combined with tax benefits, makes Italy the perfect relocation choice.

This series of podcasts explores the beneficial tax regimes in Italy, Spain, Portugal, Malta, Cyprus, Switzerland, Singapore, Isreal and Dubai in respect of where UK residents may wish to emigrate in light of the non-dom changes introduced by the Conservatives, and the likely tightening of these rules under the new Labour government.