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 […]
An Elective Residence Visa allows non-EU citizens to reside in Italy You should submit your application for an Elective Residence Visa (ERV) to the Italian embassy or consulate in your home country. For example, U.S. citizens can apply to the Italian consulates in New York, Miami, San Francisco. Canadians should apply to the Italian consulates […]
The Italian Budget Law for 2019 introduced a flat tax regime Set at 7%, the flat tax scheme in Italy aims to attract foreign and Italian nationals living abroad. Individuals with an income from a foreign pension, or other source from abroad, can benefit from the scheme. In order to take advantage of the flat […]
What is Usucapione? Usucapione is a legal method of acquiring ownership of an Italian property. There are two essential elements to usucapione. Firstly, material possession of the asset, acting as the owner (as opposed to someone who received the right of use from the owner, e.g., by means of a contract). Secondly, the passage of a specific […]
Applying for an Italian elective residence visa There are two main requirements when applying for an Italian elective residence visa (ERV). Firstly, the availability of a dwelling, which an applicant has elected as their residence in Italy. This can either be an applicant’s own Italian property or a rental property with a tenancy agreement. Secondly, […]
