#italy

3 posts on this theme.

LinkedInJuly 1, 2026

Italy just tripled its HNWI flat tax to 300,000 euros a year. Same regime, three times the entry price of 2017. Article 24-bis lets a new resident pay one fixed annual tax on qualifying foreign-source income, whatever the amount, for up to 15 years. It launched at 100,000 euros in 2017, doubled to 200,000 for residence transfers after 10 August 2024, and reached 300,000 for anyone moving their residence to Italy from 1 January 2026. Family members went from 25,000 to 50,000 each. Two caveats most coverage skips. Italian-source income stays taxed under ordinary rules, and capital gains on qualified foreign shareholdings sold in the first five years fall outside the flat tax. It is not a blanket exemption on everything abroad. The grandfathering is the quiet part, and it hinges on when you moved your residence, not when you filed. Those who transferred before the 2024 increase stay on 100,000, the post-August 2024 cohort stays on 200,000, for the full run under current law. The date you moved fixes your price. Greece runs a similar lump-sum regime on foreign income at 100,000 euros and has not raised it. The mechanisms are close but not identical, Greece attaches a 500,000 euro investment condition and charges 20,000 per family member against Italy at 50,000. So the comparable structure now costs three times more in Rome than in Athens, before you weigh lifestyle, Schengen access or estate treatment. For a globally mobile HNWI, the flat tax is a bet on predictability. The open question is how much that predictability is worth once the fixed price triples in under two years. At what fixed annual cost does a flat tax stop being a deal and start being just another high tax? Want to see where your own profile actually fits, the free 6 minute diagnostic is in the first comment. Sourced from GeoCompass, the jurisdiction intelligence layer behind Lucky Nomads. #internationaltax #residencyplanning #italy

Greece Italy

XJune 9, 2026

Italy just tripled the price of its tax deal for wealthy new residents. In 2017 a new resident could opt in for €100k a year, flat, on covered foreign-source income. From January 2026 the same deal costs €300,000. And that may not be the deterrent it looks like. Under Article 24-bis of the Italian tax code, a new resident owes no further Italian income tax on covered foreign-source income, however large, for up to 15 years. One carve-out matters: capital gains on qualified shareholdings sold in the first five years stay taxed at the standard 26 percent. The sticker price is what moved. €100k in 2017. €200k in August 2024. €300k from January 2026. The family surcharge doubled to €50k per person. Here is the part most headlines miss. The €300k tag deters. The question is who. The break-even depends on how the income is taxed. Against Italy's top ordinary rate, past 45 percent once regional and municipal surtaxes load onto the 43 percent national band, €300k pays for itself around €670k of foreign income. Against the 26 percent on most financial income, closer to €1.15M. Below that you overpay. Above it the flat tax wins, and the effective rate keeps falling: 6 percent on €5M, 3 percent on €10M. So the hike does not close the door. It raises the velvet rope. It prices out the merely affluent and keeps the regime aimed at genuine ultra-high-net-worth households, the ones who barely notice the jump from €100k to €300k. Less a deterrent than a filter. Anyone already enrolled stays grandfathered at their original €100k or €200k rate. Italy raised the price without touching its existing base. It is no longer the cheapest deal on paper, Greece runs a comparable lump sum at €100k a year with a €500k investment attached, but for large foreign incomes Italy stays one of Europe's most competitive options. That is not a country retreating from tax competition. That is a country discovering its pricing power. Smart price discrimination, or the first crack in a regime that ends the way the UK non-dom did? #Italy #TaxOptimization

Greece Italy United Kingdom

LinkedInJune 9, 2026

Italy punishes the undecided. Its headline tax position sits among the heaviest in Europe. A 43% top income tax rate, close to 47% in Rome once surtaxes apply. Yet two opt-in regimes change the maths entirely. A EUR 300,000 annual lump sum shields all foreign income for up to 15 years. A 7% flat tax covers foreign pensioners settling in the south. Regime-in versus regime-out is one of the widest practical gaps in Europe. We scored Italy across 18 dimensions. Overall: 6.87/10. City Comfort 8.8, Healthcare 8.6, SafetyShield 8.4. Tax Freedom 4.4, the weak point the right regime can neutralise. Swipe through for the snapshot, the full tax system, 4 special regimes and 4 residence routes. Built with GeoCompass, the jurisdiction scoring engine by Lucky Nomads. #italy