Wednesday, 22 October 2025

Why Italy is becoming the new Dubai

In 2017, Italy introduced its flat tax system for wealthy foreigners relocating to Italy and making it their tax residence. Under this system, foreign income is subject to a flat tax which was initially set to €100.000 per year. An additional contribution of €25.000 could also shield the income of the spouse and the same for children over 18. The flat tax scheme is valid for 15 years after approval.

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