Expat Italy News
Latest 10 news items tagged Italy
9 Dec at 6 PM 2013
The UK chancellor’s Autumn Budget Statement will bring a raft of changes for pensioners both home and abroad as well as affecting private pension investors.
The state pension will be increased by £2.95 per week from April next year, but Britons retiring in European Economic Area states which are on average warmer in winter than the hottest UK region will no longer receive the winter fuel payment from April 2015. Those living in northern Spain, France and Italy
are likely to be severely affected.
In a nod to the already wealthy,...
15 Nov at 6 PM 2013
A recent press release by ITV is set to warm the hearts of expats living in Europe and deprived until now of their favourite soaps.
The press release revealed that a new ITV channel, ITV Essentials, has been set up in order to allow expats and holidaymakers to keep up with the goings on in their favourite soaps. The service is being provided in partnership with Saffron Digital, specialists in the delivery and management of OTT solutions, and saw its launch earlier this week.
The channel can be watched in Spain, Italy
23 Oct at 6 PM 2013
Following the news yesterday that yet another Spanish villa owned by expats had been demolished, today’s headlines reveal that expat villas in Italy
have been confiscated for similar reasons.
Brendan and Jane Crossan’s villa on the Ligurian Riveira was seized by the local authority following a five year battle by the couple to save their holiday home. Even worse, the couple are now charged with the criminal offence of owning an illegally built property, an offence which carries a prison sentence and huge fine.
The property, a...
17 Oct at 6 PM 2013
Property investment agents in the UK and all over the European states whose economies are in freefall along with their house prices are pushing cheap properties with pre-financial crash enthusiasm.
Greece is a good example of romantic sales pitches for its ‘sun, sea, land and imperishable charm’, as stated by a real estate investment company just last week. The company points out there’s a new tourism boom in the country, and notes the Greek government’s recent climb onto the ‘buy an expensive house and get a free residency...
10 Oct at 6 PM 2013
A new take on business networking by British expats has spread to 12 world countries via very expensive ponies, kit and exclusive polo clubs.
Exclusivity in the expat business world has taken on a new format due to British Polo Day, the brainchild of a premium brand promotion specialist. Ed Olver, CEO of the relatively new company, saw his innovative idea go global in 2012 with polo matches being held in 12 countries including the USA, Singapore, France and China.
According to Olver, the lobby of a five-star luxury hotel has lost...
7 Oct at 6 PM 2013
Since Spain introduced its offer of a residency visa for non-EU citizens dependent on a property purchase of over €500,000, real estate professionals have seen a change in expat buying habits.
Buyers from the UK still make up a good proportion of property purchases in France, accounting for 20 per cent of real estate deals. Brittany, Normandy, Midi-Pyrenees and Aquitaine are favourites, with Italian
buyers concentrating on Paris and Provence.
Real estate prices are still falling in France, giving a good choice of properties and...
26 Sep at 6 PM 2013
On Tuesday’s Migrants and Refugees Day, the Catholic Church’s newly-appointed Pope Francis urged world countries to welcome both migrants and refugees rather than treating them as ‘pawns on the chessboard of humanity’.
His message stressed that all host countries should encourage a change of attitude to incomers, whatever their situation, and especially towards refugees fleeing their homes in these troubled times. Men, women and children, he said, leave their country of birth for many reasons, including escaping persecution...
24 Sep at 6 PM 2013
Recent changes to Italy’s tax structure will mean that expats living in the country must declare more information about assets held overseas, including overseas property and savings.
Previously, rules stated that only assets worth more than £8,400 needed to be declared to the Italian
tax authority, but the threshold has now been scrapped. Any expat with even a small savings account offshore or in their country of origin must report it to the authorities.
At the present time, there are no plans to tax expats on their overseas...
20 Sep at 6 PM 2013
The European Court of Human Rights has rejected 93-year-old UK expat Harry Schindler’s appeal against its former decision not to act on the law which prevents expats from voting after 15 years’ stay overseas.
The court’s decision has dismayed many thousands of UK expats who still have ties to the UKand may even be paying tax, owning property and visiting regularly. Schindler’s case is now dead in the water, although he has vowed to fight on for his own rights and those of his
The determined pensioner’s next...
25 Jul at 6 PM 2013
With an increasing number of Britons planning to emigrate and overseas property prices at a healthy low, it’s hardly surprising that the temptation of a home abroad is difficult to resist.
Motivations vary from investing when prices are low in the expectation that they will rise, through netting an affordable holiday home to living the dream in the sun after early retirement. However, unless research is undertaken, property dreams can easily turn into property nightmares.
Remembering that what goes up can also come down is an...