The Italian government is debating some major new tax policies. Among them there is the intention to update (read “increase”) the property value on record that is used for many legal purposes such as calculating the taxes applicable to property transfers and property ownership. More specifically, based on the current tax parameters, when you buy an Italian residential property from a private individual, as opposed to from a developer, …
for Non-Residents with Foreign Income Current Average Italian Mortgage Loan Terms to buy an Italian Residential Unit as a Non-Italian Resident with Foreign Income (US, UK, Canada or Australia): Every day we assist clients in securing an Italian mortgage loan for their Italian property purchase. Contact us to review your personal circumstances and advise you how …
Two Italian property purchase incentives went into effect in May 2021: government-backed mortgages and property purchase tax exemptions. Both programs are geared toward buyers under the age of 37 and are short-term with 30 June 2022 deadlines. Find out more information and check if you qualify HERE. Related posts:
Introduction Based on a recent law (May 2021) it is possible to apply for the two following special mortgage loan and property purchase incentives: a) State secured loans: the Italian State offers banks a security on loans to qualifying property buyers; and b) Purchase and mortgage tax exemptions: qualified young buyers can buy an Italian …
Many of our international clients have been asking how they can help Italy during this difficult period of the Coronavirus pandemic. We researched organizations that are actively supporting Italians in their fight against the virus and its consequences. If you wish to show your support of Italy, please consider a donation to one of the …
On April 1, 2009, the partners of Studio Legale Metta invited Tom McGrath and David O’Donnell, partners of McGrath O’Donnell & Associates in Dublin, to meet with Confapi, the Italian association of small and medium businesses in Puglia. The objective of this meeting was to establish a relationship of economic cooperation between Irish and Apulian companies to develop cooperative undertakings and projects for growth and …
We are receiving many questions from clients about legal implications of the Covid-19 with respect to their Italian interests. In this page we address some of the most common questions and answers. This page is updated as new measures and policies are adopted. Also follow us on LinkedIn and Facebook to receive more updates. Update: …
SLM partner Nick Metta will present key aspects of EU – US Cross Border Succession rules to the Bucks County Bar Association (BCBA – Pennsylvania, USA) on November 13, 2013. Nick, an associate member of the BCBA, will be presenting jointly with Michael Mills, an American lawyer specializing in Taxation, Estates and Trusts as partner at the Pennsylvania law firm Antheil Maslow and MacMinn. …
A group of experts in Italian financial planning shared a wealth of key information and insider tips with expats during the Italian leg of “Le Tour de Finance”, held September 26 in Tuscany and the following day in Umbria. Hosted by the IFA Spectrum Finance Group’s manager for Italy, Gareth Horsfall, both stops on the tour were a success with over 60 …
On 26 and 27 September 2013 a group of experts in Bagni di Lucca and Umbertide will meet the local expat communities to discuss estate planning tailored to their needs. Concrete financial and estate planning strategies will be discussed to better manage the particularities of an expat. Applying these strategies allows the expat to minimize costs and, perhaps more importantly, maximize opportunities directly related to the expat status. At the …
In this article I will talk about cross-border successions between the U.S. and Europe. I will introduce the definition of cross-border successions and discuss some issues that are typical of these types of inheritance cases. I will then present the main aspects of the new European Union (EU) Regulation number 650 of 4 July 2012, which was created specifically …
ITALIAN AUTHORITIES INVESTIGATE MAFIA CORRUPTIONPractical information and solutions for Italian property investors. On the 5th of March 2013 the Italian Authorities published the results of a large international investigation, named “Metropolis”, which looked into the activities of Calabrian mafia groups that were involved in the Calabrian real estate business. Given the natural beauty of this southern coastal …
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