Italy’s Fiscal Incentives for Retirees
From 2019, retirees with foreign pensions moving to regions like Abruzzo or Sicily can enjoy a 7% tax on their overseas income for 10 years. This favorable tax applies to various incomes, from pensions to rents, but not to earnings within Italy. To benefit, you shouldn’t have lived in Italy for the preceding five years and should settle in specific smaller towns. These regions promise beautiful views, affordable living, and access to Italy’s stellar healthcare. Non-EU retirees will need an ‘Elective Residency VISA’ based on a consistent income, while EU citizens have a straightforward process
English (UK)