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  Italy
HOME >> COUNTRY REPORTS >> Italy
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Official name Italian Republic
Capital  Rome
Population  58,147,733
Currency  euro(EUR)
Official language   Italian
GDP  $29,700
italy lines

  STRENGTHS
  WEAKNESSES

Italy is a primary tourist destination.

There is strong rental potential from both the tourist market and a strong internal market.

Low cost airlines have put Italy at the centre of their growth.

The property market is rising steadily up to 20% in “undiscovered” areas.

There is no wealth or capital gains tax to be paid in Italy.

Rural tourism is becoming a strong tourist market and there are grants for property renovation in rural areas.

Despite an often complex tax system, there is no capital gains tax on profits from Italian property. This allows the investor maximum returns on investment.

Italy has pioneered property tax reforms, offering great opportunities for the rural renovator, including substantial VAT discounts.

If you become a resident of Italy, you will have the ability to cut your purchase costs by as much as half. More details can be obtained from our recommended tax advisors.

Italy is only 2¼ hours direct flying time from UK, making it easily accessible for investors and holidaymakers alike.

A vast dispersion of wealth between the rich north and the poor Mezzogiorno

Illegal immigration is a major problem for Italy at this present time

Southern Italy is facing corruption, organized crime and poverty, issues that interfere with the region’s full development


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