Italy’s 7% Tax Deal for Retirees | Dublin News

Italy’s rolling out a bold new tax break for retirees: a seven percent income tax rate for up to ten years, targeting pensioners willing to relocate to smaller towns in southern and central Italy—with property prices high in hotspots but more affordable mountain options. Designed to revive struggling regions through the “silver economy,” the program is drawing nearly a thousand applicants this year, including returning Italians and foreigners lured by Italy’s culture, scenery, and slower pace. Now expanded to towns of up to 30,000 residents, it’s already sparking activity in places like Vico Equense, helping rebuild communities hit by economic decline and even earthquakes. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b73f23694d9a30db