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By In EU provisions, Inheritance, Inheritance Law, Italian law, Italian Property, Law, Law Firms in Italy, Notaio, Notary, Property law

UK property purchasers in Italy after Brexit

How would a Brexit vote affect UK property purchasers in Italy?

Several UK property purchasers have recently asked me about UK property purchasers in Italythe possibility of a Brexit putting an end to all that is good about buying property in Italy. De Tullio Law Firm provides legal advice to foreign purchasers looking to buy property in Italy.

UK nationals buying properties abroad have tended to favour Europe. The most popular markets are Spain, France, Portugal and Italy, as well as Greece, Cyprus and Malta.

There are very practical reasons that make European destinations attractive for UK buyers. There are no visa requirements for UK citizens to travel across the EU. Member state economies are fairly stable. Excellent health care and education systems are available and there is generally a strong grasp of the English language. (more…)

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By In EU provisions, Inheritance, Inheritance Law, Italian law, Italian Property, Italian Will, Law, Law Firms in Italy, Notaio, Notary

Cross-Border Inheritance Law (Brussel IV)

Cross-Border Inheritance Law. How Does New EU Succession Legislation Impact You?

This article looks at the new EU Law 650/2012, also known as the Brussels IV Regulation, which came in to effect on 17th August 2015.

Although the UK, Denmark and Ireland have opted out of participating in Brussels IV, there are still implications for nationals of these countries who reside in a participating EU Member State or have a connection to a participating EU Member State, for example a holiday home.

Cross-Border Inheritance LawPrior to the introduction of Brussels IV, each EU jurisdiction applied its own rules to govern the devolution of individuals’ property. For individuals with assets in more than one country, various Connecting Factors were considered such as domicile, residence, nationality or habitual residence, in order to determine which country laws should apply to an individual’s estate. In addition, for some EU states, applicable succession law depended upon whether the assets were immovable (property and land) or movable (bank accounts, vehicles, furniture, jewellery and so on). The fact that each jurisdiction applied different Connecting Factors often led to costly, lengthy and complex conflicts of laws. (more…)

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By In EU provisions, Italian law, Law, Law Firms in Italy, Property law

Brexit Jitters?

brexitAbout 26,000 British nationals are registered in Italy, according to Italy’s National Institute of Statistics. The British embassy in Rome believes the true number of British residents in Italy is double that.

A significant fear for those concerned about Britain leaving the EU is the potential mass exodus of both Europeans and Britons from each other’s respective nations. In 2015, former Attorney General, Dominic Grieve claimed that: “… EU exit would make 2 million Britons abroad illegal immigrants overnight.” (more…)

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By In EU provisions, Italian law, Italian Property, Italian Real Estate, Law, Law Firms in Italy, Notaio, Notary, Property law, Real Estate Law

2016 Stability Law – Flat-Rate Tax Scheme

The2016 Stability Law flat-rate tax scheme, first introduced in to the Italian tax system by Stability Law 2015, has been modified and made more practical in the 2016 Stability Law.

The government’s objectives for introducing the flat-rate tax scheme are to boost employment, steer Italy’s economic recovery in a positive direction, reduce undeclared taxable income and employment irregularities. (more…)

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By In EU Divorce Law, EU provisions, Italian Divorce Law, Italian law, Italian Property, Law, Law Firms in Italy, Notaio, Notary, Property law

Italian and EU International Divorces

International Divorces

an example picture

Italian and EU Divorce Law

Across much of the European Union, marriages between couples of different nationalities, are on the rise. In addition, the number of married couples living as expats in another EU country is increasing. Unfortunately, this means that international separations and divorces are becoming more common.

Obviously, people don’t enter into married life thinking about where the best location for a divorce would be; married couples are unlikely to be interested in thinking about this while they remain happy together, and couples may not be able to agree on the appropriate jurisdiction if they are about to be or are already separated. However, where couples choose to divorce can have a major impact on both parties’ financial health, so getting it right is crucial. (more…)

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