Old houses and short-term rent boom: this is why Italian real estate continues to depreciate. While new properties are seeing rising prices, existing real estate continues to decline, a unique case among emerging economies. Why? On average, in the first…
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When you buy a house, you start a multi-step process. It is important to know each step to complete the operation in the best possible way. Let’s see in particular what the purchase proposal and the preliminary contract are. The…
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Easier tax regime for retirees, the Italian novelty Italy wants to attract retirees and is determined to compete with countries like Portugal and Spain. The government grants, starting from 2019, fiscal advantages for individuals establishing their residence in Italy, but…
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Facilitations or reductions not only for the main house News of the stability law of 2016: exemption of the IMU and TASI The new Stability Law of October 2015 introduces the abolition of IMU and TASI on the main house, provided…
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The application for tax relief for the purchase of the first house must be made before the transfer order. Buying an auction house can be a big plus. With the online auction portal, you can stay informed of the progress…
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The criteria for determining the tax residence of natural persons in Italy They are dictated by Article 2 of the D.P.R. 917/1986 (“TUIR”), which states that for the purposes of income tax, are considered to be residents of the State…
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More purchases and the boom of luxury properties, the real estate market is picking up. According to the data of the notaries of the first half, the trend favored by the fall in prices is confirmed. The amount of loans…
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1) UP-FRONT TAX SAVINGS UPON THE PURCHASE OF A PROPERTY IN ITALY 1a) Requirements These tax savings apply to anyone (national or foreigner) who buys a “Prima Casa” in Italy. The tax savings amount is significant and pegged at 7% (i.e., 2%…
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The price decline seems to be contained, but there is no recovery despite an increase in sales MILAN – The Italian real estate is struggling to get rid of the waste of the crisis. The main investment of the Italians,…
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When you have to buy a house, you must keep in mind certain tax aspects. Let’s see what they are depending on whether you buy a house from a construction company or an individual. As noted by the National Council…
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