Helping You Build a Life Overseas

Financials

 

How much does it cost to buy a property in Italy? How much does it cost to maintain
a property in Italy? How can you finance the property? What about employment,
claiming your pension in Italy, or finding other sources of income? And what is the
biggest financial mistake that Italian property buyers make? Find answers here…
 

Taxes in Italy

When buying property in Italy or moving to Italy you will find that you are subject to a number of taxes. Today, Kirsty Lowe of the Italy Buying Guide outlines the taxes that you are going to encounter... Income tax (Imposta sul Reddito delle Persone Fisiche (IRPEF): If you are a foreigner working in Italy for an Italian based company or employer, and you are resident in Italy with no income tax liability abroad, your domicilio fiscal (fiscal  More...


Banking in Italy

Sorting out your banking and finances will be one of the primary things to take care of when you buy property or make the move to Italy. Today Kirsty Lowe of the Italy Buying Guide provides some need-to-know information about banking in Italy and the first steps to getting an Italian mortgage... If you are intending to make Italy your permanent home, it is worthwhile obtaining your Italian residency before approaching a bank to open an account, as  More...


Getting financial affairs in order before moving to Italy

There is a lot to clear up before you make the move abroad ranging from sorting out your taxes and personal finance to establishing yourself a good retirement plan and working out that ways to get the most out of your pension. Today Kirsty Lowe of the Italy Buying Guide takes a look at the financial matters which need to be taken care of when moving abroad. One of the most important items to tick off ‘the list of things to do before you move to  More...


Banking in Italy

One of the first things on your list of things to do upon starting your new life in Italy will be to open a bank account, especially if you are planning to finance the purchase and/or renovation of a property in the country. If you are intending to make Italy your permanent home, it is worthwhile obtaining your Italian residency before approaching the bank to open an account as you will then be eligible for much lower bank charges than if you opened one as a non-resident in the  More...


Don`t lose money when sending funds to Italy!

Unless you are already based on the European continent, if your income, savings or pension is paid into your UK (US or other) bank account, you will almost certainly have to convert funds on a regular basis. If you do this via your UK (or home country) bank, you will not only find yourself paying excessive bank charges for every transaction, but you will also be subject to their often unfavourable rates of exchange. Exchange rates do fluctuate, sometimes quite dramatically, and  More...


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