In 2024, Italy increased the flat tax for the ultra-wealthy people who move to Italy and change their tax residency from €100,000 to €200,000 per year. This tax was introduced in 2017 to attract the wealthy. Now its crease is due to the need to reduce the budget deficit, which far exceeds the allowable EU norms. Despite the doubling of the tax, for ultra-wealthy people with assets above 30 million...
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Needless to say, Rome is an extraordinary city, it is truly one of the world’s most amazing destinations, making it an excellent market to invest in. What's the purchase procedure of real estate in Rome? Italian legal requirements & purchase procedure Irrevocable Purchase Proposal (usually 5%-10%). This is a non-refundable deposit (caparra confirmatoria) that serves as insurance to both the buyer...