Owning Property in Italy as an Italian Dual Citizen Benefits and Considerations

Dual citizens interested in buying property in Italy have unique opportunities and considerations. Establishing residency can bring benefits like access to healthcare and potential tax advantages, but it’s important to understand the residency requirements and tax responsibilities involved. With the right planning, owning property in Italy can be an attractive option for a primary residence, vacation home, or investment. In this episode of the Italian Real Estate Podcast hosted by Italian attorney Marco Permunian and dual citizen expat podcaster Rafael Di Furia, we’ll learn more about the benefits, tax breaks, and key requirements for owning property as a dual citizen in Italy. For help with the Italian citizenship process and more information about Italian Citizenship Assistance visit ICA's website: https://ItalianCitizenshipAssistance.com To contact Italian Attorney Marco Permunian and his team of dual-citizenship experts and attorneys you can use the contact form on the Italian Citizenship Assistance website: https://italiancitizenshipassistance.com/contact/ To see more from Rafael Di Furia about life in Italy and life as a dual-citizen expat check out his YouTube channel and website: Http://YouTube.com/RafaelDiFuria Http://RafaelDiFuria.com Topics & Timestamps: 0:00 – Intro & Opening Thoughts 0:56 - Residency in Italy. 7:01 - Tax breaks on your first home in Italy. 10:10 - Does the initial purchase price only cover the sale price or does it also include the annual taxes? 12:11 - Closing Thoughts & Outro