The recent death at the age of 91 of Giorgio Armani, one of Italy’s most iconic fashion designers, has ushered in a carefully planned transition for his business empire and personal estate, worth an estimated 11-13 billion Euro. Armani was greatly admired for the way that he had always maintained control over his brand, both
When purchasing a property in Italy, one of the documents which the Seller must provide before completion is the Attestato di Prestazione Energetica (APE), or Energy Performance Certificate. This certificate is mandatory for nearly all property sales and rentals in Italy and provides valuable information about the building’s energy efficiency. The APE is valid for
16th June and 16th December each year are the deadlines fixed for payment of the local Municipal Property Tax (IMU) which was introduced in Italy in 2011. These are key dates which non residents buying property in Italy should be aware of. IMU is payable in relation to immoveable property or agricultural land. Owners who
