426 residency

well once you bay your house they tell when with notario you you got 18 monts to get your residency. So you get your permission to stay go to local office and register. Some people say you have to be there when police come around to see if you acctually live there and place is livable and make you sighn some papers and than youcan get your card and not to pay extra tax on purchase.Anybody know more about it or whats hapen if you don'tmake it where you go to pick up the rest of the bill.thank you
you can frelly go in to details.thank you
jc1
well it's done /i guess it depend all from case to case /in this one nobady needed to come/

Category
Legal

Submitted by Anonymous (not verified) on Sun, 05/22/2005 - 02:40

Residency should not be confused with permesso di soggiorno (they are not the same). Once you have your PdiS or Carta di soggiorno which is obtained from the Questura, you will need to go to the comune and apply for residency. If you are not home when the police stop by you will be left a note to come to the police station and confirm.

If you do not obtain residency within the 18 months you will be sent a bill from teh Ufficio delle Entrate for the difference in tax.

Submitted by Anonymous (not verified) on Tue, 05/31/2005 - 11:09

Does anybody know if there is a difence between a permesso di S or the carte di S?

Submitted by Anonymous (not verified) on Thu, 06/23/2005 - 10:28

I am currently buying a property in Le Marche (Ascoli Piceno) and whilst it will only be a holiday home once renovated I want to take advantage of the lower purchase tax by becoming a resident within 18 months of the purchase. The difference in tax being 3% as opposed to 10%.

My lawyer tells me that this is dangerous as the Italian Revenue will deem me as receiving my income in Italy and will expect me to pay all income taxes there. My Agent tells me that I shouldn't have any problem especially as mentioned below, the Police will make an appointment to visit to check that someone is living in the house.

What is the general rule here, and the worst case scenario. If I claim residency and then receive unwanted attention from official powers can I just agree to pay the difference in tax?

Hope someone can help

Submitted by Anonymous (not verified) on Fri, 06/24/2005 - 07:16

If I were you, I would remind myself that I paid a lawyer to give me sound legal advice, then, take it...
You do not understand the system here, too many people try to errrrm, bend the rules, then complain when they get caught, your difficulty would be that you could NOT, OFFER to pay anything if you were caught, you WOULD be heavily fined before being given a demand to pay assesed taxes due, in the worst case your property could be forfeit.
Enjoy your purchase, welcome to AP...

Submitted by Anonymous (not verified) on Fri, 06/24/2005 - 12:54

Thanks George, I think that is probably the best thing to do in the case of Residency, however,

With regards to under declaring on the purchase price, does anyone know if this is still common practice especially in Ascoli Piceno (Le Marche). I don't think i have spoken with an agent who hasn't told me that this is what everyone does!

George: I know you will answer the same as per Residency!

Submitted by Anonymous (not verified) on Fri, 06/24/2005 - 13:28

i think if you look at the notaios comments on underdeclared valuse you will find the answer quite esily and find that most if not all properties are bought in this way... and legally if that price is reasonable and accepted cannot be disputed... the notaio / agent will advise you on this amount and the notaio knowing his or her commune will in general get it right....

if you look in england at the rateable value of the house for council bill payments it will be different to the marketable value of your house at the estate agents.... that is basically the two pricing systems here and you pay tax on the rateable value of the house ....or is it the band or something now.....

on the other side of things as to declaring and actually being resident ... yes you have to be there when the local commune police man turns up... but as george says it goes far beyond this and residence does mean just about that.... ie the place you permantley reside in... and as he says the fines will far outweigh any savings if you get it all wrong... in a snses your agent is advising you becaus he wants to sell you the house....your lawyer hopefully because you are paying him or her for the facts ...

Submitted by Anonymous (not verified) on Fri, 06/24/2005 - 14:06

Thanks John, that just about sums it up for me. If the notaio agrees a lower value and i pay the 10% tax on that (i.e do as the lawyer and George suggest and not become resident) then the tax will be calculated on a somewhat lower value which will possibly be somewhere in the middle of 3 and 10% overall and I won't run the risk of being heavily fined....!

Submitted by Anonymous (not verified) on Sat, 06/25/2005 - 06:50

You will probably get a pleasant surprise when the value is declared at the notaio's, it will be at the legal rate, but bear very little resemblance to your purchase price, although I do live in AP, soon to be FM in this area, I went "over the border to MC to the notaio (apperently, the nicer notaio's practice there :cool: ) enjoy your home here.