Non EU in Italy

03/02/2012 - 07:58

Dear All, I'm new to the site and would welcome your advice/experience regarding purchasing a property. I have been down this avenue many times so have read much about the subject and have travelled widely in Italy so know a great deal about different regions/culture etc. However, I am at present resident in the Channel Islands. Not many people realise that we are not part of the EU and there are clearly different terms for non EU residents purchasing in Italy e.g higher tax at point of purchase. We do not anticipate being in Italy for more than three months at a time. What I don't understand is when they say that if you stay over 90 days you are classed as a resident, does this mean in one block of time? i.e. if we were to spend two blocks of 90 days in a year are we then classed as residents? Any other loopholes for non EU folk would be much appreciated. Many thanks.

Topic

Legal

Comment

Purchase taxes are the same whether you are an EU or a non-EU citizen.

Plus being an �� resident has disadvantages, not only advantages, if you don't actually live in Italy. Especially, as I am understanding from posts on this forum, re taxation and charges levied on overseas income and assets. Could be short term gain but long term pain. Do your research thoroughly. I add that I am no expert and could be wrong on this but it doesn't look that advantageous in the long term to me to chase this particular 'loophole'.

Okay, it is news to me that the channel islands are ex UE. However, as ex UE, you need a permesso di soggiorno (which will, in the first instance)l last for 90 days (we are taliking theoretical here). But as Gala has said, there is nothing taxation wise to deter you from buying a house here, and bizarrely, if you chose to take up residence, there are some adantages in being ex UE. In my experience, folk who domicile themselves in the channel islands are not short of a bob or two: and if you are ex UE you fall into the same category as hard working Moroccans - and my inclination is to assist these north africans before I can be bothered to consider the trivial taxation implications of a channel island resident.