Italian Income Tax Relief In order to foster economic growth, as part of the Italian budget law, art. 5 of, “Decreto Crescita” came into effect in December 2019. Legislation provides for significant changes to the Italian income tax system for anyone who transfers their tax residence to Italy from 2020. The law is retrospectively applicable […]
Real estate contract law in Italy If you are considering buying real estate in Italy, Italian civil code in art. 1470 governs sales and purchase contracts for Italian real estate. A contract is a consensual transactional instrument through which one party (the vendor) transfers the ownership, or a right, to an assets to another party (the […]
Buying a house in Italy. What is a deed of sale? An Italian deed of sale is the final stage of buying a house in Italy. It completes your property purchase. If you are not familiar with the Italian property purchasing process, you may like to read our free to download guide. Buying and selling […]
Renovating a house in Italy. Health and safety law Who is liable for compliance with safety requirements when renovating a house in Italy? In the case of even minor construction work the, “works manager” is responsible for safety. This is usually an architect, engineer or designer. However, if the owner of a property directly procures […]
De Tullio Law Firm and luxury real estate in Italy In the April 2019 edition of Fortune Italia Magazine, De Tullio Law Firm contributed to a discussion about the state of the luxury real estate market in Italy. A world apart The luxury real estate market in Italy is booming – indifferent to market fluctuations. Who […]
How to protect your personal assets from debts associated with an Italian inheritance In this article we explore what acceptance of an Italian inheritance under the benefit of inventory entails. At De Tullio Law Firm, we understand that when a loved one dies there are many issues that need attention at an extremely difficult time. […]
Registering names on a title deed in Italy The final step of the Italian conveyancing process is signing of the deed of sale. In effect, the title deed in Italy transfers ownership of real estate into someone’s name. This legal procedure demands the presence of a notary public, the real estate vendor(s) and buyer(s) and […]
What is a luxury property in Italy? From a legal and fiscal perspective, the Italian luxury property category of real estate includes castles as well as certain types of property such as historic villas, mansions and palaces. Before you sign any paperwork relating to a property, you should check its legal and fiscal category. If […]
Purchasing the right plot of land when building a house in Italy is crucial Self building, or having a house built, in your own country can be daunting enough. However, when it comes to building a house in Italy things can get really tricky. If you decide to build a house in Italy, you will […]
Do you own an Italian property that completely or partially lacks planning permission? Illegal construction in Italy is not uncommon. The Office for Italian Statistics (ISTAT), estimates that nationally, some 20% of Italian properties are completely illegal builds. On top of these statistics, many properties are partially illegal. For example, an outbuilding or extension that doesn’t have […]
