Why You Should Consider Sicily Sicily is an excellent choice for a retirement location if we compare it to mainland Italy. It is a place that is both European, and not. Sicily’s cultural history is rich and the island often changed hands and was influenced by the ancient Greeks, Romans, Arabs, Normans, Spanish and French—all …
Why You Should Consider Puglia Puglia is Italy’s stiletto heel. It’s not far from Albania or from Greece’s formerly-British island colony of Corfù where many residents speak both English and Greek in addition to some Italian. This proximity creates an interesting blend of foods and cultures, though the two could easily be combined. Because Puglia …
Expats in Italy If you have gone through the long process of obtaining the Italian permesso di soggiorno—also known as the residence permit or green card, then your next step (if you plan on working) is figuring out how to properly pay taxes in Italy. Permanent residents and US citizens who earn over the standard …
Living (and Paying Taxes) in Italy with a Green Card Read More »
What Is an SPID? The Public Digital Identity System (SPID) is a digital identity made up of a pair of encrypted personal credentials (username and password) that should never be shared with anyone. It was designed to increase transparency on how data is managed and provide an efficient service regarding transferring important information. Personal data …
Rent to buy (affitto con riscatto, in Italian)—called “rent to own” or sometimes—was formally introduced into the Italian legal system in 2014. What Is Rent to Buy? It is a concept that is often misunderstood, meaning different things to different people. In order to preempt any possible confusion: rent to buy simply refers to a …
In this article we will cover what a capital gain is, what counts as one, what the tax exemptions are and how capital gains apply to Italian residents as well as how they apply to non-residents. What a Capital Gain Is In the Italian tax system there are six categories of income: employment income, business …
Categories of Workers In Italy, and as far as contracts are concerned, there are four categories of workers and each category is able to claim its own set of rights and benefits, some of which overlap with the others and some that do not. Generally, the higher the position within a company, the more benefits …
Introduction Pensions, along with all income from work, are subject to taxation. The INPS is the institution responsible for collecting taxes in Italy. As a withholding agent, it applies the withholding taxes envisaged by way of IRPEF (l’imposta sul reddito delle persone fisiche, a tax on physical persons) on pensions paid, as well as deductions …
Corporate Tax Rates in Italy Italian corporate entities are subject to a corporate income tax (IRES, introduced under Presidential Decree 917 of 22 December 1986) and to a regional production tax (IRAP). Italy’s rate of corporate income tax stands at 24% while the standard regional production tax is 3.9%. All companies with commercial activities in Italy must …
Italian corporation tax rate: our financial guide Read More »
The process and documents required for obtaining Italian citizenship are different depending on the circumstances through which you are trying to obtain it. The standard documents that will be required for any of these processes in Italy are: valid passport, meaning that it has not expired and will not expire within the next six months; residence permit (permesso di soggiorno) if living in Italy, …
Documents required for Italian citizenship: our guide Read More »
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