Move to Italy.
Pay a flat €200,000 on your foreign income.
Combine Italy’s Investor (Golden) Visa with the New Resident Flat Tax (up to 15 years).
Add eligible family members for €25,000 each per year.
How it works
Flat €200k Annual Levy
One yearly payment covers all foreign-source income-salary, dividends, interest, gains, rents, pensions.
Italian Income Taxed Normally
Income generated in Italy remains taxed at ordinary progressive rates and surcharges.
Add Family at €25k
Extend the regime to eligible family members by paying €25,000 per person yearly.
Valid for Fifteen Years
Maintain the option for up to fifteen consecutive years, subject to annual payment.
Eligibility: 9/10 + Residency
Must be non-resident for nine of ten years and establish Italian tax residency.
Covered vs Excluded Income
Covered (Foreign-source)
Overseas salary, dividends/interest, capital gains, foreign rents, pensions, non-Italian business profits. All under the €200k flat levy.
Excluded (Italian-source)
Italian wages/business income, Italian dividends/interest, local rents, Italian government bonds. Taxed at ordinary progressive rates.
Who Qualifies
- Significant Foreign Income
Typical breakeven is ~€500k/yr of foreign-source income; other levels can qualify with a quick review.
- 9/10 Non-Resident History
You were not an Italian tax resident for nine of the last ten years under current rules.
- Establish Italian Residency
You will become tax resident in Year 1 (183+ days in Italy or centre of vital interests).
Who Can You Add
Typically eligible
Spouse / registered partner
Dependent children (including adult children if financially dependent)
Dependent parents (where financial dependency is documented)
Amount & payment
€25,000 each, per year, added to the €200,000 main levy
Paid on the same annual cycle as the principal flat tax (single consolidated payment)
Practical notes
- Election is made per family member (you can include some and not others)
- Proof of relationship/dependency may be required by authorities
- Review eligibility annually with your advisor to keep documentation aligned
Italian Golden Visa + Timeline (High Level)
A clear 4-step pathway from eligibility to first-year flat-tax election. We align immigration and tax so milestones, documents, and deadlines stay perfectly in sync.
Pre-Screen & Structuring
Confirm eligibility, choose the investment route, and align documents and timing to your relocation plan.
Investor Visa Application
Prepare and submit the application with evidence; we coordinate consular checks, scheduling, and follow-ups end-to-end.
Entry & Residence Permit
Enter Italy, register locally, and attend your residence-permit appointment to formalise lawful stay.
Year-1 Tax Residency & Flat-Tax Election
Establish Italian tax residency and elect the €200,000 flat tax on foreign-source income in the first year.
Compliance & Deadline
Elect the regime in Year 1 of Italian tax residency (first return) and pay a single annual F24 of €200,000 plus €25,000 per added family member by ordinary balance deadlines. You must maintain Italian tax residency each year; missing the payment or renouncing ends the regime from that year and it can’t be reactivated. You may exclude specific countries (income from excluded countries follows ordinary rules). Keep clear evidence of income source, residency tests, registrations, and payments for audit purposes.
Potential Savings
How it works
We estimate potential savings by comparing an indicative progressive-tax bill on your foreign-source income with the flat amount: €200,000 plus €25,000 per added family member.
Examples (rounded, non-binding)
€1,000,000 foreign income → progressive ≈ €430,000 vs flat €200,000 → ~€230,000 difference
€750,000 foreign income → progressive ≈ €320,000 vs flat €200,000 → ~€120,000 difference
€500,000 foreign income → progressive ≈ €215,000 vs flat €200,000 → ~€15,000 difference
Small print
For guidance only; actual outcomes vary by residency status, treaties, deductions, and income mix. The flat tax applies to foreign-source income; Italian-source income remains taxed at ordinary rates. If family members are added, the flat amount becomes €200,000 + €25,000 per person.
Beyond the Rate
Beyond the €200k figure, the regime delivers a predictable annual cost and simpler compliance. Foreign-asset reporting (RW) and wealth taxes on foreign assets (IVIE/IVAFE) are generally not due for covered years. You make one payment per year via a single F24, with the option to carve out specific countries if needed. The scope is limited to foreign-source income—Italian income is taxed normally—and US filing still applies for US persons. Keep concise evidence of income source, residency tests, registrations and payments for audit readiness. In short, it turns complex, variable outcomes into a clear, fixed framework year after year.
Is it Right for You?
Best fit
Foreign-source income ~€500k+/yr
Minimal Italian-source income planned
Medium/long-term stay and desire for predictability
Not ideal
Foreign income <€400k/yr
Significant Italian-source income expected
Short stay or frequent moves (residency continuity at risk)
Why Ariete Capital
Integrated Immigration + Tax
One coordinated plan across visa, residency, and cross-border tax-fewer hand-offs, fewer surprises.
Advance Rulings & Complex Cases
Guidance on advance rulings and sophisticated structures to reduce interpretive risk.
End-to-End Execution
From application to annual renewals—responsive, discreet, and accountable year after year.
FAQS
Can US citizens benefit?
Yes—US filing still applies. We coordinate to minimise double taxation where possible.
Is the election revocable?
No. It’s a binding choice for up to 15 years (with yearly payments).
Can I include family members?
Yes—add eligible members for €25,000/year each.
Does it cover all income?
It covers foreign-source income. Italian-source income is taxed at ordinary rates.
What if I move mid-year?
Tax residency depends on presence and “centre of vital interests.” We align timing and evidence.
What You'll Need
Insurance & Accommodation
Health coverage and a suitable Italian address to complete local registrations.
Police & Consular Docs
Common Mistakes
Misclassifying income source
Treating Italian-source income as foreign (or vice versa); scope errors change the tax result.Missing Year-1 election/payment
Failing to elect in the first tax year or to make the annual F24 on time ends the regime.Assuming US filing disappears
US persons still file in the US; coordination and treaty relief may be needed.Adding family without proof
Insufficient evidence of relationship/dependency can block the €25k extension.Residency continuity gaps
Not meeting day-count/centre-of-interest tests jeopardises eligibility for that year.
References
Italian Tax Agency — New Resident Flat Tax: €200,000 per year, up to 15 years, €25,000 per added family member, foreign-source income only.
Investor Visa pathway — Nulla Osta, consular visa, entry, residence permit, investment completion within set deadlines.
International coverage 2024–2025 on the €200k update and Italy’s attractiveness for HNWIs.
Legal notes
This page is informational only and not tax or legal advice. The flat tax applies to foreign-source income; Italian-source income is taxed at ordinary progressive rates. Eligibility typically requires nine of the previous ten years as non-resident and establishing Italian tax residency. The election is made in the first year, is binding, and requires a single annual F24 payment of €200,000 plus €25,000 for each added family member. US persons must continue US tax filing. Actual outcomes depend on personal circumstances and current rules.