The contract of cohabitation (in Italian “contratto di convivenza”) has to be in written form, as a Public Deed (prepared by a Notary Public), or a Private Contract, which is then authenticated by a Lawyer. The Notary or Lawyer will then send the executed document to the Comune, who will transcribe the same in its
An application can be made for an Elective Residence Permit (“Permesso di Soggiorno per Residenza Elettiva”), if the foreign resident wants to live in Italy without carrying out any working activity. Aside from not being employed in Italy, adequate funds must be demonstrated in order to show that the applicant will not rely on the
When it comes to inheritance tax, Italy currently enjoys somewhat of a “tax haven” status. These particular taxes are some of the lowest in Europe, with the maximum amount payable by an heir currently being 8% of the total value inherited. The percentages are calculated based on the relationship the heir has to the deceased;
