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Search: Posts Made By: Shades of Blue
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Forum: Italy
May 16th 2021, 6:25 pm
Replies: 2
Views: 423
Posted By Shades of Blue

Tax Breaks for Workers Moving to Italy

https://www.clearygottlieb.com/news-and-insights/publication-listing/tax-breaks-for-workers-moving-to-italy-new-official-guidelines-released
Forum: Italy
May 13th 2021, 9:23 am
Replies: 17
Views: 1,387
Posted By Shades of Blue

Re: Experiences about costs and taxes when retiring in Italy

they have great exchange rates
i have read the reviews recently have been getting worse. Scary stories. I need to transfer 150k to buy the flat and not sure if to trust them now
Forum: Italy
May 12th 2021, 4:31 pm
Replies: 17
Views: 1,387
Posted By Shades of Blue

Re: Experiences about costs and taxes when retiring in Italy

Thank you LVC
will check about the bank account, would hope will find one if I lose the Barclays one, or is that not easy?
for the currency issue, I would move some of the portfolio out of UK and...
Forum: Italy
May 12th 2021, 12:14 pm
Replies: 17
Views: 1,387
Posted By Shades of Blue

Re: Experiences about costs and taxes when retiring in Italy

Thank you.
there is much i like of the uk too even before considering my uk born children.
Italy is to enjoy the last years of my parents and the sun 🌞.
maybe keeping my uk flat and dipping in...
Forum: Italy
May 12th 2021, 10:07 am
Replies: 17
Views: 1,387
Posted By Shades of Blue

Re: Experiences about costs and taxes when retiring in Italy

The idea is £ 2000 net a month spending
living in a coastal small tourist town on the Adriatic
owned flat no mortgage
with a uk pension pot of 300k and another 200k savings. They need to last 30+...
Forum: Italy
May 12th 2021, 8:18 am
Replies: 17
Views: 1,387
Posted By Shades of Blue

Experiences about costs and taxes when retiring in Italy

Dear Expats
could you share your thoughts on the financial and tax aspects of retiring in Italy. Before i jump.
My pension will not be massive and I am starting to fear that overall cost of living...
Forum: Italy
May 12th 2021, 8:02 am
Replies: 8
Views: 765
Posted By Shades of Blue

Re: Tax on sale of UK home?

Ouch that would hurt private health
already income tax on 2k pension would be triple in italy compared to uk
Add tax on savings and property and health insurance
Is putting me off....
Forum: Italy
May 11th 2021, 6:43 am
Replies: 8
Views: 765
Posted By Shades of Blue

Re: Tax on sale of UK home?

Thank you both.
I'm a returning italian so no need of PdS.
IVIE? When would I become liable for that?
and what taxes are there for savings abroad?
Forum: Italy
May 10th 2021, 3:55 pm
Replies: 8
Views: 765
Posted By Shades of Blue

Re: Tax on sale of UK home?

translating it says that if you the property for 5 years you are not taxed.
If you had it for less then 5 years you need to pay the italian capital gain tax.
not sure if this apply to your first...
Forum: Italy
May 10th 2021, 3:53 pm
Replies: 8
Views: 765
Posted By Shades of Blue

Re: Tax on sale of UK home?

I found my own answer. here in case anybody needs itTassazione della plusvalenza nella vendita di immobili esteriPer quanto riguarda le modalità di tassazione della plusvalenza, l’articolo 1, comma...
Forum: Italy
May 10th 2021, 12:20 pm
Replies: 8
Views: 765
Posted By Shades of Blue

Question Tax on sale of UK home?

I am moving to Italy in 3 years time and I will sell my UK home, and the sale could be either before or after actually moving.
Will I have to pay any Italian taxes on that, if I am already residing...
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