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NEWS AND RESOURCES

FINANCIAL ADVICE ITALY

Substitutive Tax Regime Attracts Wealthy Foreign Citizens to Italy

In 2017 Italy Finance Law introduced a flat rate of tax of €100,000 aimed at attracting high net worth foreigners to reside in Italy. The law states that new residents will pay only a flat lump sum tax of €100,000 in place of normal income tax. As with any new...

How much do I need to save for my retirement?

Have you given thought to what the sunset years of your life will look like? If your dream is have the freedom to travel and have fun then you might need to take a good hard look at your financial situation today.   It all starts by asking yourself a few simple...

Do UN employees need a Supplementary Pension?

We think not, which is not to say that UN employees do not need to save for retirement but the question should be what is the most suitable way for a UN employee to save for retirement? This article expands on one of the points we made in our previous article titled...

Private Pensions in Italy – The Second Pillar

Pensions in Italy, as with many things, are dominated by the state. The state is the primary provider for people in their retirement and the pension system (known as The First Pillar) is funded by social security contributions made by workers and employers. When...

QUESTIONS TO ASK A FINANCIAL ADVISOR

Questions to ask your Financial Advisor   This article delves into questions you should be asking your financial advisor. Whether you’re about to start speaking to an advisor or you are already working with one, it is absolutely imperative that they can provide...

New Year Financial Resolutions 2019

New Year Financial Resolutions   Make the commitment Like any resolution whether it is related to your health, career, family or financial goals you will not get anywhere if you do not commit. The reason we make resolutions is because we are dissatisfied with our...

TIPS FOR GETTING THE BEST POSSIBLE MORTGAGE DEAL IN ITALY

TIME TO SWITCH TO A FIXED RATE MORTGAGE? If you have a variable mortgage which has more than a few years to run then you could benefit greatly over the long term by shopping around for a fixed rate mortgage now, if you haven’t done so already. Clearly you will have...

UNDERSTANDING INPS

What is INPS? The National Institute of Social Security ( INPS ) is the main social security institution of the Italian public pension system, in which all public or private employees must be enrolled and most of the self-employed workers who do not have their own...

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