Italian Property Costs: Use It or Lose It Question: Should I go ahead with the sale of my Italian property now or should I wait for the Italian real estate market to get better?   Answer: We often get this question from clients who have been thinking long and hard about selling their Italian property.  These are people who…
Italian Mortgage Ideal Parameters Question: What are the ideal parameters to get a mortgage in Italy?   Answer: If you are looking for an Italian mortgage and are not an Italian resident, here are the ideal parameters to increase your success chances and get better conditions: Ideal Italian Mortgage Parameters LTV (Loan To Value) not…
Italian IMU and TASI Question:  What are IMU and TASI? When are they due?   Answer: IMU and TASI are Italian Municipal Property Taxes. However, since 1 January 2020 there is no longer a distinct payment for Property Service Tax (TASI) as it has been incorporated into the Ownership Tax (IMU). If you missed the TASI…
  Question: I received a letter from “Studio Legale”. Is it legitimate?   Answer: “Studio Legale” in Italian means “Law Firm”. For example, “Studio Legale Metta” is like saying “Metta Law Firm”. We receive many requests from foreign individuals asking if the letter they received from “Studio Legale” is legitimate. In most cases it is…
  Question: What is an Italian Certificate of Habitability?   Answer: The Certificate of Habitability is similar to the Certificate of Occupancy. It’s a document issued by the Municipality (Comune) where the property is located stating that the property conforms to the building regulations. In other words, the certificate assesses that the property is up to code with respect…
Italian property purchase tips Buying a Property in Italy? Don’t Make Your Offer Without Reading These 10 Tips During the past 17 years of working on over a thousand international real estate transactions nationwide we have seen many instances where some key planning up front made a lot of difference. In the current market, the sale…
Italian Property sale Safely and Effectively Sell an Italian Property Top-20 Tips The Italian Property Sale process, what to do, how to proceed, legal requirements, involved subjects, things to know, costs, how to transfer the proceeds abroad etc. 1) How to Determine the Italian Property Sale Price: In Italy there is no way to easily find out what properties sold recently or are…
Question: My father was born in Italy in 1945, he went to the Unites States in 1970, got married and then was born in the United States in 1980. My father became a US citizen in 1985. I live in the United States, where I am married with two children. We are all US citizens. I…
Italian Bank Account Question: Can I open an Italian bank account as a non-Italian citizen and non-Italian resident? What are the requirements and what is the process? Answer: Non-Italian residents are entitled to open non-resident bank accounts (“conto corrente non residenti“), regardless of their citizenship or visa status. One initial in person visit at the bank is normally required unless the…
Italian Mortgage Refinance Options  Question: Can I refinance an Italian mortgage?   Answer: There are two ways to refinance an Italian mortgage: Renegotiate the existing mortgage terms with your current lender Transfer the loan to a different lender Now is a particularly good time to consider these options since interest rates are at their lowest….
Make a Will for Italy From Home Question: Can I make a will for Italy at home?   Answer: Here is how to make a will for Italy from home.   How to Make a Will for Italy at Home Step 1: Make a List ° What you own (your estate) ° Pending debts ° Beneficiary/ies °…
Italian Luxury Property Purchase Tips Question: What are the key aspects to consider in Italian luxury property purchase?   Answer: The Italian luxury property market is a fast-paced growth market. This market differs from the traditional Italian property market from both a financial and legal perspective. Understanding the intricacies involved could save you thousands of euros and months of…
Luxury Italian Property Question: How do you define an Italian luxury property?   Answer: The definition of luxury can be very subjective depending on how one measures desirability, comfort and cost. From a tax perspective we can define an Italian luxury property by specific parameters. Italian Luxury Home Definition The definition of Italian luxury property in the…
Italian Will and Foreign Will International Inheritance Cases Involving Italy We specialize in preparation of wills for international cases involving Italy. Italian will and/or foreign will for: Non-Italian citizens living outside of Italy who own assets in Italy. Non-Italian citizens living in Italy with assets in Italy and/or overseas. Italian citizens living outside of Italy…
Non Italian Will Valid In Italy  Question: I recently purchased an Italian property. I already have a UK will in place. Should I amend it to cover the Italian property? Or should I have an Italian will as well? Answer: Unless there are specific legal needs to be addressed, it is typically necessary to modify the home country will in accordance with your…
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