Italy
Living & Tax Advantages:
- Favorable tax regime with a fair and acceptable flat tax of 100k EUR per annum
- Remittance basis not-taxed
- No worldwide taxation principle and reporting applicable to foreign source income
- Exemption from gift and inheritance tax on the applicant’s transfer of assets located outside of Italy
- Free access to all Schengen states
- Good standard of living
- Mild climate
Requirements:
- The applicant has not qualified as Italian tax resident for at least 9 of the past 10 years
Regime Validation:
- Valid for a period of 15 years