What is a codice fiscale and do I need one to buy?

A codice fiscale is the Italian tax identification number issued by the Agenzia delle Entrate, and you are required to obtain one before completing a property purchase in Italy. Overseas buyers must secure this tax code from local authorities along with opening an Italian bank account to finalize transactions, although local bank account is not always necessary. You can apply for your codice fiscale at any Italian consulate in your home country before traveling, or directly at an Agenzia delle Entrate office in Italy once you arrive. At Trevi Elite we guide our international buyers through the application steps as part of our acquisition support.