Typing from a mobile phone so hard to look up, copy and paste links. But it s more for a couple, from memory120 or 130k. Also when i checked itwasn t clear there would be no questions asked. Italian based income is supposed to he taxed at regular italian tax rates, so if one are trading from Italy mostly issues may arise. I m curious to read more aboutthis set up. Italian tax authorities might be satisfied with more immigrants under this program and ask few questions indeed, but they might also challenge the territoriality of sone income.
The case of Italy: https://home.kpmg.com/xx/en/home/in...or-new-individual-residents-new-guidance.html
Entire Italy. So you can move to the Mediterranean or Adriatic coast or choose for Toscane, or anywhere else. You can even live with the maffia in the South.
Contact KMPG, PWC or Deloitte. And better ask a fiscal ruling to be sure. But "The big three" will surely advice you to do that. Results depend also from double tax treaties. US citizens will probably have problems (that's why the US is not the big dream for me). I proposed Italy already 5 months ago on ET but apparently nobody saw this.
Compared to Estonia/Lithuania it looks like Italy will be a better choice when the trading equity is something about over 4,55M€ Thanks for the info
Flatfee of 100k: Well when you have a bad yeear, illness, 1987, 2008 .... you got to pay the 100k still ...... Lawyers fee to get the agreement: 30k (?) but only once
I mentioned:" only if you make at least 1 million a year. " If you make more the advantage grows quickly, even with every now and then a losing year. But probably not suited for 99% of ET. 1 bad year every 5 years would still be give an average taxation of 12.5%. I think you can choose every year for the flat fee or "normal" taxation. But I am not sure about that. I think period is also limited to 15 years. No lawyers needed, just ask KMPG, PWC or Deloitte to ask a fiscal ruling. I had an offer for a similar fiscal ruling for around 5K all included. That might give an indication of the cost. Normally you can just ask it the ministery of finance for application of the law, but the risk exist that the law might be cancelled later, so to avoid that ask a fiscal ruling.
First off, it was YOUR mistake and people here falsely assumed you were American. But let me guess, as always Russians cannot be criticized or held accountable because that's "russophobia". Maybe own up to your mistake and consider the issue solved.