Italy, or by its official name, the Italian Republic, is a state in Southern Europe, in the center of the Mediterranean region. It has been a member of the European Union and NATO since their inception and is the third largest economy in the eurozone. It is a unitary secular state. Form of government: Parliamentary Republic. It borders France, Switzerland, Austria and Slovenia. There are two enclave states inside Italy: the State of San Marino and the Vatican State located inside Rome, with each of which Italy has an internal border.
Italy's economy is actively developing and ranks fourth in the ranking of economically developed countries of the European Union and eighth in the world. Italy positions itself on the world market as a state with an industrially developed economy in its northern part and an agricultural sector in its southern part. GDP per capita is considered one of the highest in the world and continues to grow. The private-state economy allows attracting a large number of investors, the state guarantees the security of transactions, stable and controlled price levels. The state also ensures the containment of inflation, which currently stands at 3%, creating a favorable investment climate in general. According to statistics, over 30 million foreigners visit this country annually. They bring revenues in the amount of six to eight billion US dollars to the budget. They also contribute to the inflow of foreign currency into the country.
The tax system in Italy provides for a progressive rate of calculation of payments for basic income tax, depending on the level of income and ranges from 23% to 43%.
The VAT rate ranges from 4% to 22%. Italian companies and individual entrepreneurs pay federal retained earnings tax (IRES) and regional income tax (IRAP). Accordingly, the standard rates are: IRES - 24% IRAP - 3,9%.
Social contributions amount to 30%.
The tax on the purchase of real estate can range from 10% to 22%. Income tax will need to be paid in case of rental of real estate, which will range from 23% to 43%.
Inheritance tax varies from 4% to 8%.
Dividends from Italian resident companies are taxed at a rate of 10%.
The tax on cryptocurrency is 26%.
As a member of the European Union, Italy participates in the agreement on the automatic exchange of tax information.
The residence is exclusive for 1 year with the possibility of extending the residence permit twice for two years and obtaining permanent residence for 10 years. After ten years of continuous permanent residence, the opportunity to obtain Italian citizenship.
Banking assistance (local and offshore accounts)
Company registration/incorporation (local and offshore companies)
Proof of address (Lease Agreement + Utility bill)
Ensures legal long-term stay in the country.
%20rotate(90)'/%3e%3c/svg%3e)
I thank One World Migration for the opportunity to move to Turkey with their help. I looked to relocate my company to be closer to my European partners and suppliers from the Middle East.
I first came to Portugal as a tourist 3 years ago. Having assessed the situation and got acquainted with this country, I decided that I wanted to stay here to live. Thanks to the efforts of One World Migration, this became possible.
The decisive factor for me in my decision to obtain Grenadian citizenship was the possibility of a visa-free visit to Europe, where my husband and I love to come both on business trips and on vacation. Thank you One World Migration!
I have to thank OneWorld Immigration and their customer mentality for the Grenada citizenship. They were able to prepare all the necessary documents in the shortest possible time and without undue worry and accompanied us throughout the entire process.
It is possible to attach dependent children.
Interview with CEO of Nauru Economic and Climate Resilience Citizenship Program - Mr. Edward Clark, about program, country and details.
Questions and explanations regarding the Canadian Startup Visa.
Kazakhstan has made an important step in attracting foreign capital by approving an investor visa program similar to global practices.
