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Growing demand for luxury homes In Italy: a prime destination for UK investors amid tax changes

The United Kingdom's recent abolishment of the "non-dom" tax regime marks a significant shift in its attractiveness to foreign investors. Previously, this regime allowed UK residents, not domiciled in the country, to be taxed solely on income and capital gains from UK sources, exempting those generated abroad. However, with the latest fiscal decree dated March 6, this regime has been abolished, signaling a...

Italy, + 30% of requests for luxury property due to “flat tax”

The demand for luxury properties is growing: from Milan to Lake Como, Liguria to Tuscany and Rome, requests have recently grown by 30% thanks to the “flat tax”. First introduced in 2017, the flat tax has only just begun to have a dramatic influence on the market which is evident in the numbers from 2021.   What is “flat tax”? The flat rate tax of 100.000 euros is basically a "flat tax"...

FORBES – Piedmont Wine Region, Home Of Italian Royalty And More

Nestled in northwest Italy, between the foothills of the western Alps and Apennines, lies the country’s second largest region: Piedmont, or Piemonte, in Italian. Home to the House of Savoy, Italy’s ruling dynasty until 1946, it’s no surprise this area birthed the king of Italian wines. While Barolo reigns supreme, an array of indigenous grapes call Piedmont home. “Part of the greatness of this...

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