ITALY – New 7% tax regime for pensioners

gennaio 2019

Tax opportunity for individuals

The 2019 Italian Budget Law introduced a very favorable tax regime for individuals who receive pension incomes from any non-Italian entity and who decide to move their residency into Italy. These individuals:

  • are subject to a 7% flat tax rate on any non-Italian source income;
  • are exempt from wealth taxes on assets held outside Italy.

Conditions needed for the special tax regime to apply

This special regime is available to individuals who:

  • transfer their tax residency into a municipality with no more than 20,000 residents in one of these regions: Sicily, Sardinia, Calabria, Campania, Basilicata, Abruzzo, Molise and Puglia;
  • have not been tax resident in Italy during the 5 previous years;
  • receive a pension income paid by a non-Italian entity.

For further information, read the entire article by clicking on the following link:






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