The Italian Government has adopted the Decree n. 113/2024 (entered into force on August 10th, 2024), increasing the HNWIs’ annual flat tax from Eur 100.000 to Eur 200.000. The Decree includes a grandfathering clause under which the above increase will be applicable only to those that move their habitual residency to Italy after the Decree enters into force; for those who already joined this tax regime, nothing shall change. Furthermore the Law doesn’t modify any of the other features of the previous regulation, as thequalifying family members are still able to join due to the annual payment of a €25,000 flat tax per person.
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Luxury Real Estate Trends: a brief overview About 15% of HNWI assets are allocated to real estate on the year basis. Aggressive rate hikes by Central Banks started in 2022 are prompting High net-worth individuals to expand the shares of real estate asset in their portfolios, with a [...]
What is the rent to buy contract? It is a new type of contract under which the owner immediately delivers the property to the tenant-future buyer, upon payment of a fee which must include two distinct components: one for payment of use and one to be charged to the [...]
To remedy the current economic difficulties such as lack of liquidity and difficulty in accessing bank credit, the parties, as an alternative to rent to buy, can resort to other and different contractual forms such as, for example: - leasing with future sale agreement; - the sale subject to [...]
Due to the last decade financial recession (2007-2016) and the latest Reform approved by the Government (2015 and ss.), property investors discovered how interesting and convenient could be this alternative way to buy real estate in Italy. There are two types of property auction in Italy: Vendita con incanto and Vendita senza [...]
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