Essential reading
« Previous EntriesBricks and Mortar Speak Volumes In Volatile Times
Friday, October 10th, 2008It’s no good pretending that the closing months of 2008 are the best on record. The FTSE has just fallen below the 4,000 mark for the first time in five years and the markets across the globe are in virtual freefall. Yet history shows that every crisis brings with it opportunities and there is a [...]
Annual Taxes
Tuesday, August 19th, 2008Just as in any country, once you own a property in Italy you become liable for ongoing taxes. How else can the local authority provide services? Yet many foreigners think that because they are not resident and don’t pay tax on their income to the Italian authorities that they are somehow excused from paying. This [...]
Italian Tax Code (Codice Fiscale)
Tuesday, August 19th, 2008Something you must have before you can even sign a preliminary contract is a Codice Fiscale. This is a national tax code and you need it for buying a house, a car, taking out contracts for utilities and many other services. Having a codice fiscale does not mean that you become liable for Italian income [...]
Jobs around Italy
Thursday, August 7th, 2008Are you looking for a job in Italy? Can you offer a job to someone? Post your requirements here, free of charge. You must give a contact number and email address so that any interested party can contact you directly. Naturally, we cannot offer any guarantee about the advertisers and can take no responsibility [...]
Holiday or Viewing Trip?
Monday, August 4th, 2008If you are serious about buying a property in Italy it is pretty obvious that you have to physically see those places that are of interest to you. But don’t make the mistake of trying to view during August! There are many reasons, the main ones being:
1. It is too damned hot! Most people do [...]
Save Money on Foreign Exchange?
Monday, July 21st, 2008It is surprising just how many people take the trouble to investigate the ins and outs of the buying process yet overlook one very important area which could save them money. If you have your money in Sterling or Dollars or anything other than Euros, it is almost certain that you are going to have [...]
To Be Or Not To Be…..Resident
Thursday, June 12th, 2008During your search for an Italian property you will at some point be asked if you are going to be resident. It may even be suggested to you that you may wish to be resident as it will save you tax on the purchase of the property. We will examine the actual tax issue [...]
Selling a Property in Italy
Tuesday, June 10th, 2008For every buyer there must be a vendor and it is surprising how many vendors do not know what their obligations are. Laws change and if you have owned your house for some time it is entirely reasonable to expect that you won’t be up to date on current requirements. In this section we will [...]
Buy a House in Italy - Step 1
Monday, June 9th, 2008The procedure for buying a house in Italy is not comparable with what you will be used to if you are from the United Kingdom, Eire, USA, Canada and most northern European countries. Basically, if Napoleon never invaded your homeland, the purchase of your Italian house will be a new experience. Here is the process [...]
Buy a House in Italy - Step 2
Monday, June 9th, 2008The Contratto Preliminare
Once your mind is made up and the price agreed you will be required to sign a Contratto Preliminare (preliminary private contract) and pay the statutory deposit. This agreement between buyer and seller states the price, the date for completion, what is being bought and sold, and also includes various guarantees from the [...]