Transfer your assets or part of them to your heirs, wherever you reside: you will pay a flat-rate tax in Italy for an amount of 100,000 euros only, independently from the value of your assets and of your residency.
For all the “non-resident” citizens in Italy the opportunity has come to transfer their residency to Italy (even temporarily), in order to transfer all of their assets or part of them (both corporate and personal) or just the ownership to their legitimized heirs, paying a flat-rate tax of 100,000 euros.
Convenient fiscal regime
In Italy a regime has been set up for new residents and is aimed exclusively at people in the world who decide to transfer their tax residence to Italy, even temporarily.
The subsidized regime allows you to pay a flat-rate substitute tax on the income produced abroad as an alternative to ordinary taxation and is valid also for taxes on donations and successions.
Whether you earn 1,000,000 euros or 100,000,000 euros or 15,000,000,000 euros, you will only pay a flat- rate tax of 100,000 euros.
Whether you transfer assets -or the bare ownership of assets – for 1,000,000 euros or 100,000,000 euros or 15,000,000,000 euros, you will only pay a flat-rate substitute tax of 100,000 euros.
This allows all HNWI – High Net Worth Individual – and UHNWI – Ultra High Net Worth Individual – to be able to temporarily move their residence to Italy, to donate their assets through customized planning and asset protection tools, by paying only a tax of 100,000 euros, regardless of the amount of the transferred assets.
Then, after a few months, the donor can also decide to move back to his previous fiscal residency.
This way, you will be exempted from paying a future inheritance tax in your original country of residence.
Of course, the process must be customized on the basis of the agreements against double taxation signed between your original country of residence and Italy.
For this reason it is important to contact a professional expert fiscal consultant that can help you with the protection and transfer planning of your assets.
This is a great opportunity for your family, as you will be able to transfer company shares, ownership, real estate properties, special rights and much more, simply paying a flat-rate substitute tax, and make your assets exempted in the future.
For example, the most famous soccer player in the world, Cristiano Ronaldo, took advantage of the same legislation. In fact, when he was in Spain he paid 43% tax on the annual profit of 23 million euros while today, which has moved to Juventus in Italy, he pays only 100,000 euros a year in taxes.
You too can take advantage of this law when donating to your children.
For any inquiry, don’t hesitate to contact me if you need any support or more information on this opportunity.
