Non-Resident Americans staying or traveling within Italy for less than three (3) months are considered non-residents. This includes persons on vacation, those taking professional trips, students registered at an authorized school, or persons performing research or independent study.

Vatican City

Non-EU citizens must first apply for a temporary residence permit which is issued for a period of 5 years, followed by the application for the Italian permanent residence permit. In other words, a non-EU citizen must live in Italy for 5 years prior to applying for permanent residence.

American citizens can move to Italy, with some caveats. If your parents or grandparents were born in Italy and immigrated to the U.S., you can get an Italian passport, which grants you the right to live in Italy without going through the extra hurdle of getting a visa and/or permanent residence.

Yes! Not all foreigners outside the EU can purchase property in Italy, but it is perfectly legal for Americans to. Italy and the United States have a reciprocity treaty stating that Americans can buy property in Italy and Italians can buy property in America.

Unfortunately, there’s been a sharp price increase, but the good news is you can now buy one of about 200 homes in the Italian town of Ollolai for about a dollar, TIMEreports. To be fair, the homes actually cost 1 Euro, which is currently the equivalent of $1.25.

Buying real estate in Italy is a safe investment This is due to their overpriced property market and the low interest rates applied by their central banks. This is not the case with Italy, which is considered by the IMF to be a safe country for investments in property.

In order to retire to Italy, a foreign citizen must comply with a few requirements. Among these, the foreign citizen must be retired and have a minimum annual income of 31,000 euros. For married couples seeking to retire in Italy, the minimum amount necessary is 38,000 euros.

Sicily

Italy is 18.7% more expensive than Spain.

That’s right—a number of towns in Italy are selling homes for the price of roughly $1. Fox News reports that towns such as Salemi and Tronia in Sicily and a town named Laurenzana in the country’s Potenza province are offering such shockingly low prices in order to draw new residents to their locations.

A person working in Italy typically earns around 3,650 EUR per month. Salaries range from 920 EUR (lowest average) to 16,300 EUR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

You pay a 7% flat tax on ANY foreign sourced income, including pension, property income, capital gains, interests, dividends, and miscellaneous sources of income. The 7% flat tax does not cover any income made in Italy. In order to qualify, you must file your tax return each year.

Just a few years ago, high tax bills prompted hundreds of Italians to offload or abandon their historic castles. Italy is giving away 103 historic sites this year, with another 200 to be released by 2020.

A village in the southern Italian region of Molise is giving away properties for free in hopes of breathing life back into the commune. As for those who are hoping to bag one of the properties for free or a nominal price, there are specific criteria that need to be fulfilled.

1. Live in your very own castle. Many people only dream of owning a castle, but you can actually do it. As long as you’re willing to commit to a few improvements, you can renovate a historical castle into a livable place.

It’s no secret that one of the reasons why there are so many ‘bargain’ châteaux are the exorbitant renovation costs and the relentless maintenance required. Structurally renovating a château could set you back an average of €1,000 per square metre.

The couple paid around £280,000 for the chateau but since undergoing a huge transformation, their investment has been paying off in spades.

Residency and Entry Requirements At the moment, Irish citizens, as EU nationals, have the right to live, work and travelling France without having to register with the French authorities. Irish citizens resident in France may be entitled to vote in some local and European elections.