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Buying a house in Tuscany, whilst living in Scotland

Buying a house in Tuscany, whilst living in Scotland

Old Aug 12th 2020, 8:57 am
  #16  
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Default Re: Buying a house in Tuscany, whilst living in Scotland

Originally Posted by Geordieborn View Post
Why would we be any different from Americans, Canadians or even Russians?
because they already have a reciprocal Agreement in place , I assume that this will be dealt with in the near future .
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Old Aug 12th 2020, 9:49 am
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Default Re: Buying a house in Tuscany, whilst living in Scotland

There is a huge difference between buying a property and living in Italy and they are not connected.
The law of reciprocity says that if an Italian can buy a property in the UK then a British national can buy a house in Italy. This will not change after Brexit - half of London is owned by foreigners. The only other problem that could raise its head is how you wish to pay for your house, and it will make a purchase impossible if you decide to move money from a blacklisted country (Panama, Lichtenstein etc). There is no other obstacle to anyone buying a house in Italy from anywhere in the world.
Obviously if you want to live there, become resident, or anything other than using it as a holiday home for up to 90 days in any 180 day period, then the situation will be more complicated after Brexit, but that has no bearing on the physical process of buying property.

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Old Aug 12th 2020, 10:05 am
  #18  
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Default Re: Buying a house in Tuscany, whilst living in Scotland

Thankyou so much for this advice Modicasa. This makes things much clearer. Do you work in property?
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Old Aug 12th 2020, 2:43 pm
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Default Re: Buying a house in Tuscany, whilst living in Scotland

Pag see the links at the bottom of his post, site well worth a look as some great information there...
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Old Aug 13th 2020, 9:17 am
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Default Re: Buying a house in Tuscany, whilst living in Scotland

The current government advice :https://www.gov.uk/guidance/living-i...uying-property

Accommodation and buying property

Read guidance on how to buy a property in Italy.

You can buy property or land in Italy if you are:
  • an EU citizen
  • a national from outside the EU who is fully resident or has a valid permit of stay in Italy
  • a national from a country that Italy has a reciprocal agreement with and who is resident outside of Italy
We will be seeking a reciprocal agreement to make sure that UK nationals who are not resident in Italy can continue to purchase property in Italy. We will update this guidance as soon as information is available.

Until the specific reciprocal Agreement is in place and the advice on the relevant Italian websites is updated then non EU nationals must be resident to acquire property as of 31 12 2020 . At the moment the UK falls under the EU provison The original post states that the purchaser wishes to buy while living in the UK .
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Old Aug 13th 2020, 9:22 am
  #21  
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Default Re: Buying a house in Tuscany, whilst living in Scotland

What a terrible administrative mess Brexit is making and not much sign of any economic bounce.
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Old Aug 13th 2020, 9:40 am
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Default Re: Buying a house in Tuscany, whilst living in Scotland

Originally Posted by philat98 View Post
What a terrible administrative mess Brexit is making and not much sign of any economic bounce.
How very true , the negotiations for the trade Agreement have gone on so long and are so complicated that many businesses will simply not have the time to get ready and are being forced to work on a worst case basis . It's costing EU firms a lot in terme of time and cash right at a moment when they are already pushed dealing with the disruption and economic costs of the virus. In many cases the short answer will be avoid the uk until its clear whats happening which is not good news for the UK in the short term nor in the long term because if an alternative works out well why change ? I have no doubt that in the ensuing chaos the UK will blame the EU .

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Old Aug 13th 2020, 9:58 am
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Default Re: Buying a house in Tuscany, whilst living in Scotland

Originally Posted by HADENOUGHPIZZA View Post
The current government advice :https://www.gov.uk/guidance/living-i...uying-property

Accommodation and buying property

Read guidance on how to buy a property in Italy.

You can buy property or land in Italy if you are:
  • an EU citizen
  • a national from outside the EU who is fully resident or has a valid permit of stay in Italy
  • a national from a country that Italy has a reciprocal agreement with and who is resident outside of Italy
We will be seeking a reciprocal agreement to make sure that UK nationals who are not resident in Italy can continue to purchase property in Italy. We will update this guidance as soon as information is available.

Until the specific reciprocal Agreement is in place and the advice on the relevant Italian websites is updated then non EU nationals must be resident to acquire property as of 31 12 2020 . At the moment the UK falls under the EU provison The original post states that the purchaser wishes to buy while living in the UK .
Great information Haden... I would think twice if I read it, but in the end we would look at this bit "or has a valid permit of stay in Italy" as a normal requirement . The other bit I spotted was a little before it on Pensions, the other OP on here asking about them should read it as it is very positive....
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