Italy enacts new Digital Nomad Work Visa

The Digital Nomad Visa On 4 April 2024 a Ministerial Decree issued by the Italian Interior Minister  was published in the Italian Official Gazette.  Effective 5 April 2024, the Decree implements the Digital Nomad Visa and Stay Permit envisaged by a 2022 Law amending the Italian Immigration Code and introducing the  Digital Nomad Visa for […]

Italian Real Estate Purchase Guide

The Italian tax regime applicable to residential real estate can seem confusing.  Real estate has always been an attractive source of income for governments around Europe,  and Italy is no exception.  As real estate is difficult to move about, it presents an easy target for the Exchequer.  The current Italian tax regime seeks to differentiate […]

Italy Tax Guide

Overview This is a very general guide and only intended to give some basic background information. It should not be seen as a substitute for specific advice.  Table of Contents Tax residence Impact of tax residence Individuals who are tax-resident in Italy for tax purposes are subject to Italian  income tax on their worldwide  income.  […]

Foreign Asset Reporting, Section RW, IVIE & IVAFE – Wealth Tax on Foreign Property

Increase in IVIE and IVAFE Starting from FY 2024, the rate of  IVIE,  the tax on the value of foreign (non Italian) real estate located abroad, will increase from 0.76% to 1.06%.  This increase applies generally to all real estate situated outside Italy by a Italian tax resident.    IVAFE, the tax on the value […]