Invest in Italy for foreign citizens is more attractive now. The tax concession for foreign clients who want to buy a house or invest in Italy with a fixed tax to EUR 100 thousand (and EUR 25 thousand for family members), for those who decide to take up residence in Italy after living abroad for at least nine of the ten previous years. This is one of the novelties of the Budget Law approved by the Council of Ministers on October 15 www.governo.it/articolo/comunicato-stampa-del-consiglio-dei-ministri-n-136/5949 that presents various measures to attract foreign resources. The facility must be required to the Revenue Agency, which will make the necessary checks with the country of origin, and can be used for the next 15 years. Is also provided a ‘permit for investors' that will allow foreign costumers who bring at least 1 million euro in Italy, and invest it within three months of arrival, to have immediately a two-year residency permit.
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