Italy - Economic Factors

As a member of the EU, Italy offers a well established economic and social climate in which to invest. Italy is considered to be a strong economy and as member of the G8 industrialized nations, it ranks among the world’s leaders. These factors help to increase investor confidence in Italy as a safe and stable economy in which to purchase property.

Other economic factors that make Italy a wise investment:

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.
Property prices remain relatively low, compared to many EU destinations and a modest rural property for renovation can still be purchased for as little as 60,000 euros.
Capital growth of 20% per year is being achieved in some locations, while an annual average today stands at 9%. Many new markets in Italy still remain undiscovered and ripe for investment. Little by little, visitors are experiencing the delights of easily accessible rural properties for renovation and resale or let. With careful strategies in place, they are experiencing high yields. Beautiful older Italian houses are also earning high rent in peak season.
Italy is at the hub of the low cost flights revolution, with connections to its many airports from just about any worldwide airport. This fact is forever enhancing its strong tourist industry and welcoming increasing numbers of tourists each year.
The Italian government actively encourages foreign investment, particularly in rural areas and today offers investors grants to reform rural properties.
Italy is an EU member country.
Italy is a peaceful country with long term economic and political security.
Italy is only 2¼ hours direct flying time from UK, making it easily accessible for investors and holidaymakers alike.