Italy – Taxation of non-Italian HNWI

Studio Legale Marsaglia - Milan

Studio Legale Marsaglia, our member firm in Milan, have published an article on the taxation of and opportunities for non-Italian High Net Worth Individuals.

Italy’s Budget law 2017 has introduced the Golden VISA: A non EU individual can benefit from a two years VISA renewable for a further three years if:

An investment is made of
– no less than € 2.000.000,00 in government bonds to be kept for at least two years, or
– no less than € 1.000.000,00 in an Italian private company, or
– no less than € 500.000,00 in a innovative start up registered as such, the investment to be     kept for at least two years

OR

A donation is made
– of no less than €1.000.000 to finance a project of public interest in the area of culture, education, immigration management, scientific research.

Click on the link below to find out more about the TAX incentive.

Click here to read more