Italy - Settling in Italy
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Italy

EuropeRégime Impatriati (70 % d'exonération)

Italy attracts more and more expats thanks to the impatriati regime that exempts 50-70% of income. Milan, Rome and Florence are dynamic cities with exceptional quality of life. The new digital nomad visa launched in 2024 facilitates the move for remote workers. Cost of living is comparable to Portugal, with unmatched cultural and culinary heritage.

Top income bracket
43%
Corporate tax
24%
Capital gains
26%
Cost of living
1 200 €/mois
FR treaty
Yes
Last verification: January 15, 2025

Taxation

Income tax brackets

BracketRate
0 € 28 000 €23 %
28 000 € 50 000 €33 %
50 000 € unlimited43 %

Corporate tax

24 %

Capital gains

26 %

VAT

22 %

Special regime : Régime Impatriati (70 % d'exonération)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

Duration

5 ans (prolongeable de 5 ans sous conditions)

Eligibility

Ne pas avoir été résident fiscal en Italie au cours des 2 dernieres années (3 ans depuis 2024). S'engager à résider en Italie pendant au moins 2 ans. Exercer une activité professionnelle en Italie.

Benefits
  • Exonération de 50 à 70 % du revenu imposable selon l'année d'arrivée
  • Taux effectif d'imposition pouvant descendre à 7-13 %
  • Applicable aux revenus d'emploi et de travail indépendant
  • Prolongation possible de 5 ans avec enfants ou achat immobilier
Tax treaty with France
Territorial taxation
Wealth tax

Visa options

Visa Digital Nomad (Nuovo)

digital-nomad

Duration: 1 an renouvelable

Cost: 116 EUR

Requirements: Revenu annuel minimum de 28 000 EUR (travail à distance pour une entreprise hors Italie). Assurance santé couvrant l'Italie. Logement en Italie.

Visa Startup Innovativa

entrepreneur

Duration: 1 an renouvelable

Cost: 116 EUR

Requirements: Créer une startup innovante enregistrée au registre spécial des startups italiennes. Business plan validé par le comité Italia Startup Visa.

Visa Elective Residence

passive-income

Duration: 1 an renouvelable

Cost: 116 EUR

Requirements: Revenus passifs stables et substantiels (retraite, loyers, dividendes). Minimum recommandé de 31 000 EUR/an. Logement en Italie. Interdiction de travailler.

Living in Italie

Popular locations among expatriates

Florence, Duomo
Florence, Duomo
Venise
Venise
Milan, quartier Navigli
Milan, quartier Navigli

Cost of living

Comparison with the French average (vertical line)

Currency : Euro (EUR)

Single person

Monthly budget1 200 €/month
Difference / France+250 €/month

Couple

Monthly budget1 900 €/month
Difference / France+380 €/month

City center rent

1-bedroom apartment900 €/month
Difference / France+50 €/month

Outside city center rent

1-bedroom apartment550 €/month
Difference / France-100 €/month

The cost of living in Italy is roughly 15-20% lower than in the UK or Germany. A single person can live on €1,200/month excluding rent. Milan and Rome are pricier than southern cities. Rents remain below London or Paris. Food is excellent and relatively affordable, especially in the south.

Settling in Italie

Practical indicators to prepare your relocation

Safety & stability

Safety5/10
Political stability7/10
Healthcare system65/100
Corruption index56/100
Democracy index7.69/10
Government typeRépublique parlementaire

Procedures

Residence permit6 months
Bank accountModerate
Public healthcareAccessible
Health insuranceIncluded

Start a business

Setup time11 days
Ease of business#58 worldwide
Effective corp. tax24%

Settling in Italy is straightforward for EU citizens (Anagrafe registration). The codice fiscale is essential for any procedure. Italian bureaucracy is notoriously slow and complex, with sharp differences between the more efficient north and the south. Italian is necessary for daily life, although English is improving in major cities.

The Italian public health system (SSN) is universal and free for residents. The WHO ranks it among the best in the world. Public waiting times can be long, pushing many residents toward the private sector. Quality varies between the north (excellent) and the south (more uneven). Private complementary insurance is affordable and recommended for faster specialist access.

Quality of life

Italy offers an exceptional setting between sea, mountains and millennia of cultural heritage. Cuisine is world-renowned. Climate varies from continental in the north to Mediterranean in the south. The healthcare system is high-quality. Internet is improving with fibre rollout but remains uneven in the south.

15°C
Avg. temperature
80 Mbps
Internet
UTC+0h
vs Paris
Italien
Language(s)

Pros and cons

Advantages

  • Impatriati regime: 50-70% exemption for 5 to 10 years
  • Exceptional quality of life, cuisine and cultural heritage
  • Cost of living lower than the UK or Germany (especially in the south)
  • Same time zone as central Europe, geographic proximity

Disadvantages

  • 43% top marginal rate outside the special regime (+ IRAP)
  • Italian bureaucracy known for being complex and slow
  • Uneven internet between north and south
  • Impatriati regime tightened since 2024 (50% instead of 70%)

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Sources

Verified on January 15, 2025

All data on this page comes from public and institutional sources.

FAQ

What is the tax rate in Italy?

The top marginal income tax rate in Italy is 43%. The corporate tax rate is 24%. A special regime exists: Régime Impatriati (70 % d'exonération).

What is the cost of living in Italy?

The monthly cost of living for a single person in Italy is approximately 1200 EUR (excluding rent). City center rent costs around 900 EUR per month.

Is there a tax treaty between the United Kingdom and Italy?

Check HMRC for the current status of the tax treaty between the United Kingdom and Italy.

These results are estimates.

The data presented are estimates and do not constitute tax advice. Consult a professional for your personal situation.