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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Buying a property is an important step in everyone's life. The house is, in fact, a place that reflects our personality and our passions. As far as style is concerned, there are those who prefer the timeless charm of old houses and those who prefer the essential and clean lines [...]
Do you want to buy a home in Italy but do not know where to start? Whether your desire to purchase a property in Italy has been with you for as long as you can remember or is a recent urge, turning that dream into a reality can seem daunting. The [...]
Luxury properties in Milan always on the crest of the wave The Milanese residential real estate market is expected to close in 2022 with an estimated growth of over 27,000 total sales of used and new homes, equal to +1.5% on 2021. The prime real estate sector, i.e. luxury, located [...]
This is a topic of great interest and on which we have often tried to clarify. The Italian Supreme Court (Cassazione) recently intervened on this point, examining the fees of brokers in house sales and specifying that the amount is only due if the deal is concluded: accepting the purchase offer [...]
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