<\/p>\n\n\n\n
The Italian tax system offers several incentives to attract different categories of income earners residing abroad<\/strong> to the country, encouraging them to move to Italy<\/strong>.<\/p>\n\n\n\n In this context, there are measures aimed at attracting taxpayers <\/strong>with high skills<\/strong>, educational qualifications and specific expertise (the so-called \u2018brain-gain\u2019 scheme \u2013 rientro dei cervelli); instruments aimed at high net-worth individuals who are new residents; and, finally, a regime dedicated to pensioners receiving pensions from foreign sources.<\/p>\n\n\n\n If you are a foreign pensioner and dream of moving to Italy to enjoy the beauty of the country and its quality of life, you should know that you can also benefit from a special tax relief.<\/p>\n\n\n\n Foreign pensioners who choose Italy<\/strong> are subject to a flat tax of 7%<\/strong> on pension income paid by a foreign entity (residing outside Italy).<\/p>\n\n\n\n Article 24-ter of the Tuir introduces this measure and provides for the possibility of applying a substitute tax for Irpef at a rate of 7% not only to pension income but to any category of income produced abroad, for nine tax periods.<\/p>\n\n\n\n To benefit from this regime, foreign pensioners must indicate in their tax return<\/p>\n\n\n\n The 7% flat tax for pensioners applies not only to pension income but also to any financial, real estate or other income generated abroad<\/strong>.<\/p>\n\n\n\n Therefore, instead of the normal IRPEF <\/strong>(personal income tax<\/strong>), this income can be subject to the flat tax for pensioners, which consists of a substitute tax calculated at a flat rate of 7% for all tax periods in which the option for the favourable regime in question remains valid.<\/p>\n\n\n\n If you meet these requirements, you can take advantage of this favourable regime for nine tax years starting from the year in which it takes effect.<\/p>\n\n\n\n To exercise this option, simply fill in the appropriate section of your tax return for the year in which you transfer your residence.<\/p>\n\n\n\n The 7% substitute tax on foreign pension income will be paid annually.<\/p>\n\n\n\n There are certain circumstances in which the Flat Tax regime for foreign pensioners may lapse.<\/p>\n\n\n\n In particular, the taxpayer loses the benefit if:<\/p>\n\n\n\n Foreign pensioners who choose Italy are subject to a flat tax of 7% on pension income paid by a foreign entity (residing outside Italy)<\/p>\n","protected":false},"author":41593,"featured_media":128051,"template":"","categories":[2256,2254],"tags":[3619,3614,3674],"collana-video":[],"class_list":["post-128050","news","type-news","status-publish","has-post-thumbnail","hentry","category-real-estate-2","category-tax-legal","tag-flat-tax-en","tag-invest-in-italian-real-estate","tag-the-italy-advantage"],"acf":[],"yoast_head":"\nWhat does the scheme for foreign pensioners include?<\/h2>\n\n\n\n
What do you need to do to take advantage of this benefit?<\/h2>\n\n\n\n
\n
What types of income are eligible?<\/h2>\n\n\n\n
How long do the benefits last?<\/h2>\n\n\n\n
When does the benefit lapse?<\/h2>\n\n\n\n
\n
<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"