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For Danish expats: the 7% tax scheme in southern Italy

Dear Danish expats/pensioners in Italy,


My wife and I are seriously considering moving to southern Italy. I have learned that Italy is trying to attract foreign retirees in order to counter depopulation in the southern regions. In this connection, they offer a 7% tax rate on pensions.


We currently live in Copenhagen, but as retirees we would very much like to move to beautiful Italy. In that regard, I would like to get in touch with some of you who have experience with the 7% scheme and hear a bit about how to go about it.


I hope some of you have the time and interest to engage in a dialogue. That would be greatly appreciated, and I look forward to hearing from you.


Kind regards,

厂酶谤别苍

See also

Hi and welcome 厂酶谤别苍 :)


Yes, you are correct, there is a 7% tax. I am no expert, its from what I have found in research on the matter, so you will need to contact the Embassy as well. But from my understanding, it applies only to certain areas.


  1. You must move to a municipality with fewer than 30,000 residents in Sicily, Calabria, Sardinia, Campania, Basilicata, Abruzzo, Molise, or Puglia
  2. You must not have been a tax resident in Italy for the last five years
  3. You must receive a pension from a foreign country (Denmark, in your case)


Register for an Italian tax code (Codice Fiscale) and move your official residence (residenza anagrafica) to that municipality


Apply for the special 7% tax rate in your first Italian tax return. It's recommended to hire an Italian tax consultant (commercialista) to manage this, as they can guide you through the process.


Have a read of this >


I hope this is of help.


SimCityAT

Expat Team

So moving to Italy in back 2016 obviously there were no incentive schemes.聽 聽You had a bad experience, possibly through lack of research or lack of being able to navigate the system.聽 聽That doesnt apply to everyone.聽

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@SimCityAT

Dear SimcityAT

Thx you so much for your reply. Very helpful and informative. Much appreciated.

Take care/7Soren

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