*Please do not rely on this information due to law changes. Always research legal information yourself, IHS will not be held liable or accountable for any incorrect information posted in this section.
Find out answers to property related issues in Italy
To be updated soon.
If I sell my Italian property do I pay taxes?
By law when you buy a property and you sell it within 5 years of buying it, you are liable for the Tax on Plusvalenza (20%); the Italian equivalent of Capital Gains Tax, tax on the difference between the price you bought and sold for.
What is the Imposta Ipotecaria and Imposta Catastale?
The mortgage registration fee (`imposta ipotecaria') is concerning the provisions relating to charges for transcription and entry in the Registry Office. The Cadastrian Tax (`imposta catastale') applies to the transfer, the change in the name of the owner of property entered in the Registry Office.
What is Cadastral Value? (Valore Catastale)
This is the assessed value by the Catasto (Italian Land and Property Registry Office) for tax purposes and is important because most of the taxes (such as Imposta di Registro and Imposta Catastale) are based on this value.
If I buy a Registered Habitable Property what taxes do I pay?
The main factor on which taxes are based is whether you are a buying a first house or a second house.
rnFIRST HOUSE TAXES - If one decides to take residency in Italy at the property. rn Purchase from private seller
IVA no Imposta Registro 3% Imposta Ipotecaria € 168 Imposta Catastale € 168
% is based on the Cadastral Value (Valore Catastale) when the sale is between two private parties.
PLEASE NOTE*
The Imposta di Registro is valuated differently When the property is not registered as a "home" (Civile Abitazione). An additionalrn amount to register the property as a "home" is required.
Additional duty stamps (fixed amount) are also to be paid (in the region of 200/300 euros) to the Notary at the final deed.
*DO NOT RELY ON THIS INFORMATION DUE TO LAW CHANGES
To Buy a property in Italy you do not have to become an Italian resident.
If you are staying in the country for more than six months of the year it is compulsory to become an Italian resident.
What documents do you need to become an Italian resident?
You can apply for residency with these documents at the Registry Office / Anagrafe in your local comune.
Passport
Staying Permit / Permesso di Soggiorno (non EU) or Staying card Carta di Soggiorno (EU citizens)
Codice fiscale
You will have to state the reason of your permanent stay in Italy - E.G work
Getting your children into Italian school
By law the Italian school has to accept every minor child (under 18) even if he/she hasn't got all the necessary documentation needed to be enrolled. This is though a temporary enrolment that has to be followed by the regularization of all the following documents.
These are the requirements for a legal enrolment in an Italian school:
Birth certificate translated and approved by the Italian consulate in UK
Staying Permit (non EU) or Staying card (EU citizens) of children + parents
Proof of immunisation against hepatitis B, polio, diphtheria and tetanus
English school curriculum translated and approved by the Italian consulate in UK so that the school knows to which class the children belong to.
ID document (e.g. passport) + pictures
STATO DI FAMIGLIA certificate of family status which you can get from the registry office in your local comune but only if you have already got a residency or you are in the process of obtaining one; which means you have already requested residency.
If any of the documents needed are not ready at the moment of enrolment, the children are still enrolled in the school. The parents in this case have to present a written proof of intention to substitute the documents missing. This is temporary until all the documents are ready. The documents that can be temporarily substitute by the proof of intention are those that can be verified in Italy.
The English school curriculum is therefore not included.
*Please do not rely on this information due to law changes.
