Does Italy have a golden visa program? How has it changed in 2021?
Since early 2017, Italy has launched two investment immigration programmes for people outside of the European Union. The one we’ll look at here concerns what is commonly called the “Golden Visa” which is essentially a visa for people looking to invest in Italy. Other countries like Spain, Portugal and Malta offer a similar track. The big difference between Italy and those countries is that Italy’s program requires investing into a start-up company, an LLC or purchasing government bonds while the other countries listed also allow for real estate investment. At this time, Italy does not allow visas for pure real estate investment.
730 Tax Form in Italy: what it is and how to fill it properly
This income tax return form is the result of the tax agency trying to simplify paying taxes so as to encourage citizens to pay them in full and on time. It is becoming increasingly popular due to its efficiency and this past year, a record number of people made use of it.
Get paid to move to Italy in this 4 places' list
In 2017 the town of Candela in the Puglia region of Southern Italy began offering up to €2,000 to entice people into moving to the village of less than 2,000 inhabitants. Several other Italian towns have since followed suit albeit for a limited time only. Those looking to move from the United States will still need to go through the visa application process. But come prepared because you’ll need to start some kind of business to help breathe life into these regions.
The Italian fiscal code number: what is it and why is so important?
Every country has a unique code to identify its taxpayers called Tax Identification Number (TIN); the Italian TIN is called Codice Fiscale or Fiscal Code Number.
The Italian fiscal code is not simply used to file your tax return, but rather to complete numerous tasks on a daily basis.
Every Italian citizen born in Italy is assigned a codice Fiscale at birth, while Italian citizens born overseas or any other foreign citizen must request one.
The most common rental contracts in Italy
Italy’s laws strongly favor the renter (see L.n.392/1978 called the ‘Fair Rent’ Act, L.n.431/1998, and even the Constitution, all of which are available in English). Landlords cannot arbitrarily evict tenants without paying serious compensation, even in the case of non-payment by the tenant. The eviction process can sometimes be very long given the corresponding legal process. Some cases have lasted upwards of two years.
Italian Bank Accounts for Foreigners: best tips and recommendations
If you’re opening a bank account in Italy there are three paths. You can open a traditional account at any number of small regional banks, you can open an account with the Italian Post Office, or you can choose from a number of online banks such as N26 which are becoming more popular. The choice will depend largely on its purpose: we’ll look at both personal and corporate accounts. In some cases traditional banks can open accounts remotely, but it always helps if you are already living in Italy or preparing to move here (documents in hand let’s say)—in person appearances, while not strictly necessary, are still culturally important.
Dual Citizenship USA Italy: everything you need to know
So, you’re an American wondering about the path on how to apply for Italian citizenship. Both Italy and the United States allow for dual citizenship. There are a couple paths you can take—all of them long, not necessarily difficult, but very specific.
The first you’ve probably seen in movies or on TV: marriage. Marrying an Italian citizen opens up the path to Italian citizenship for you and American citizenship for your spouse. This, thanks to EU law, also extends to civil unions.
Become an Italian resident: our ultimate guide
Before you move to Italy you might be wondering about the residence permit, what it requires, and if there are any benefits associated with it. Whether you plan on going to work in Italy, to study, or to retire, you’ll need to apply for the residence permit.
What is the cassetto fiscale and everything you need to know about it
The tax box (cassetto fiscale) is the place where you can find out all the information related to your tax position (propria posizione fiscale) and is an internet service provided by the Italian Revenue Agency (Agenzia delle Entrate) which is available to all taxpayers authorized to access it. If it helps, you can think of it as an electronic filing cabinet. Some of the documents you can find are:
The Codice Fiscale is a unique code to identify each individual and it is a mandatory requirement for multiple activities. Every Italian born citizen is given the Codice Fiscale at birth, while foreigners have to apply to the tax authority (Agenzia delle Entrate).
After moving back to Italy from the United States in 2013, I realized how much an accounting and tax firm was needed to help expats living in Italy to comply with the local tax regulations.