Effective from January 1, the Italian Budget Law 2024 has ushered in a number of changes to Italian property-related matters. This blog post explores the key aspects of changes, shedding light on the implications for homeowners, landlords, and the real estate market. Read the full text of the law in the Italian Gazzetta Ufficiale. Facilitating […]
In the heart of Sardinia, a village is reimagining the concept of remote work. The picturesque village of Ollolai, in the hilly Barbagia area of Sardinia, is pioneering a new initiative. Work from Ollolai (WFO), provides individuals with the extraordinary opportunity to both live and work in Ollolai for the symbolic monthly rent of just […]
Embracing Italian Roots: Lorenzo Musci’s Journey of Resilience and Family Bonds In the heart of Santeramo in Colle, a small town in the Province of Bari, Italy, in 1939, a poignant reunion took place. Lorenzo Musci, now approaching the age of eighty, had returned to his Italian roots after twenty-seven years in the United States. […]
In terms of international property investment, Canadian investors in Italian real estate face a complex and evolving legal terrain. This blog post builds upon a previous discussion and explores recent developments in the legal framework that directly impacts Canadian investors. We’ll shed light on a crucial exemption to the Foreign Property Purchase Restriction Act (FPPRA), […]
Ferragosto in Italy is a time of joyous festivities and a well-deserved break from the daily grind. This cherished holiday, deeply rooted in history, has become an integral part of Italian culture. As the country gears up to celebrate Ferragosto, let’s explore the traditions, closures of public offices, and how this holiday impacts services, including […]
Introduction to Jus Sanguinis and Italian Citizenship Jus sanguinis is a Latin term that means “right of blood.” In the context of Italian nationality law, jus sanguinis refers to the principle that individuals can acquire Italian citizenship by descent from an Italian ancestor. Italy is one of several countries that follow the principle of jus […]
Italian cities with the highest quality of life The well-known business newspaper “Il Sole 24 Ore” has been studying the quality of life in Italian cities and provinces every year since 1991. The study’s 90 indicators are grouped into six macro categories: Prosperity & Consumption, Economy & Employment, Justice & Security, Demographic Development, Environment & […]
How much does it cost to buy real estate in Italy? The average price of buying real estate in Italy ranges from EUR 1,929 to EUR 2,520 per square meter. Italian real estate prices are higher in the larger cities, especially Milan and Rome. In Milan, the average price of residential property in October 2022 […]
Italian beaches are renowned for their stunning beauty, stretching along a 7,500 km coastline and dotted with approximately 12,000 privately-owned beach concessions that collectively employ around 300,000 seasonal workers. However, in the past, the assignment of licenses for Italian beaches has been opaque and concession licenses have automatically renewed. As a result, the EU has […]
Buying a house in Italy? The preliminary contract is a crucial document when buying a house in Italy, as it outlines the specific terms and conditions of the transaction. It is often necessary to carry over the terms and conditions from the reservation offer to the preliminary contract. Moreover, the notary public will use the […]
