Italian Tax Code – Codice Fiscale Question: What is the codice fiscale? When do I need it? How do I get it? What are the requirements? How long does it take to get one?   Answer: The Italian term “codice fiscale” is commonly translated as “tax code”, “fiscal code” or “tax number”. The Italian Codice Fiscale is an Italian identification code. The personal Codice Fiscale is the result of…

Italian Mortgage For Non-Italians Question: Can a non Italian resident get an Italian mortgage? Answer: Non-Italian residents are allowed to get Italian mortgages on Italian properties. Some Italian banks offer mortgages to non-residents who want to buy and/or refurbish an Italian property.

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. Here more information about requirements…

  Question: How much are Italian inheritance taxes? Who pays taxes on an Italian succession? What are the implications when an Italian property is involved in the succession?

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…

 Question: I am the beneficiary of an Italian property left by my late British brother. I live in the UK. I would like to know what is the Italian inheritance process to transfer the property into my name.  Answer: You shall complete and file an Italian inheritance claim, aka Italian Estate Return, or declaration of succession  (“dichiarazione di successione”), to record the property transfer into your…

  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…

Italian Property Transfer by Divorce Question: My spouse and I jointly bought a house in Italy. We are going through separation and will eventually divorce. We have agreed that I will retain the house and we need to change the name on the title deed to show only my name. Can you assist me? We are…

 Question: What are the building and planning permit requirements for an Italian property?   Answer: In Italy you need to comply with building rules and regulations in order to do any construction work on an Italian property. For example, you typically need permits to build a property, to add an extension, for renovations as well as remodeling work, even small…

Italian Property Transfer by Donation Italian Donation Deed Question: I bought an apartment in Venice six years ago and am now considering to gift it to my son through an Italian donation deed. How easy is this? What costs are involved? Can an Italian lawyer handle it without me or my son travelling to Italy? Answer: You can transfer your Italian property…

Italian Property Purchase Jointly or Separately Question: As a married person, is it better to do the Italian property purchase jointly or separately? Could you please explain the different implications?    Answer: People buy the property under the community of Italian matrimonial property when they what to have equal rights over it. Otherwise they will…

   Question: What are the requirements to apply for an Italian Elective Residence Visa?   Answer: The requirements, the process and timing for an Italian Elective Residence Visa are as follows:   Requirements and Process Where To Apply: The first important thing to know is that you cannot apply for the Elective Residence Visa in Italy. You…

Question: What it an Italian Power of Attorney? Can I have one done abroad to be used in Italy?   Answer: A Power of Attorney is a document through which a person (the “principal“) gives another person (the “representative” or “attorney“) the authority to legally represent the principal in one or more affairs. Therefore, through a Power…

Question: I am a EU citizen and I would like to know the requirements to become an Italian resident.   Answer: EU citizens (and citizens of Switzerland, Iceland, Norway and Liechtenstein) can currently spend up to three months in Italy without having to comply with any particular requirement. A EU citizen who would want to stay…

  Question: What are the requirements for a lease agreement for the Italian Elective Residence Visa application ?   Answer: Based on our experience and practice of many similar cases and the review of policies of many Italian Consulate offices around the world, we have prepared a checklist to refer to when looking for a property to rent…

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