When a Power of Attorney is Required to Buy Real Estate in Italy
When buying a vacation home in Italy, you need to be present to sign the deed of sale and have a good understanding of the Italian language. However, if you can’t be in Italy or aren’t fluent, a Power of Attorney (PoA) can be granted to someone to act on your behalf. This legal authorization is crucial, especially with the Italian requirement to sign the deed in person before a notary public. While the deed can potentially be in another language, conditions apply, making it rare in languages like English. To grant a PoA from abroad, it’s a two-month process, involving certification and mailing. Costs for granting PoA in Italy vary, but notaries and translators have standard charges. Invest in Italy assists international clients in this process, ensuring smooth property transactions.