The Italian tax office has confirmed, in written opinion no. 407/2023, that an heir to an estate in Italy, resident abroad and without an Italian codice fiscale can in any case be listed as an heir in the declaration of succession. Where the heir has never been issued with a codice fiscale, the only information which must be provided in the declaration of...
Read MoreSeparation and divorce in Italy
As part of the reform of the justice system which came into force this year (Riforma Cartabia), a new procedure for filing for legal separation and divorce in Italy has been introduced. Up to 2022 a couple would need to have an order from the Italian court for legal separation, before proceeding to a divorce. If the separation was contested by one of the...
Read MoreTax and financial planning events in October
We are publicising this interesting event which may be useful for our international clients and owners of property in Italy. Gareth Horsfall, financial advisor of the Spectrum IFA Group, who has been based in Italy for many years, has organised two dates (“Le Tour de Finance”) on which a panel of international guest speakers will discuss...
Read MoreWhat is habitability?
Checking the planning permission status of an Italian property before purchasing is just as important as studying the title or legal ownership history. A Buyer who carries out a proper due diligence review of a residential property in Italy, before committing to a binding contract, should always ask the Agent or the Seller or their surveyor if the...
Read MoreEU Succession Regulation and renouncing an inheritance
Since the EU Succession Regulation came into force in 2015, its rules on cross-border successions apply to estates of deceased persons whether they were resident in Italy at the time of death or they owned property situated in Italy. The EU Succession Regulation applies to estates relating to citizens of third countries as well as citizens of EU member...
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