An estate agent friend of mine said there was a bit of a "boom" (used very loosely!) in Italians buying investment properties. Due to the recent amnesty whereby a lot of Italian money that had been held in Swiss bank accounts etc. could be brought back to Italy with only a very small fine payable, the same Italians are now buying property as an investment with that money. This is due to the low interest rates being offered at the moment.
There aren't building regs in the same way as the UK. There are various rules and regs - some national, some regional and some unique to each comune. It will depend very much on what you want to do with the property. For example, some older properties can have a head height lower than 2.7m but that depends on where you are and there are special rules for tourist accommodation or farm buildings. It also depends on what classification of property you have bought. You refer to it as a "fabbricato" but say it is registered as a house. If it is registered as a house then it will have a classification such as A3 or A1 etc. or does it say "fabbricato rurale" on the "visura"? It wil also say on the visura how many rooms this equates to. If you want to use the other two floors and they are not registered as habitation then you will need to get permission to turn them into habitable space which may or may not be granted depending on where you live and the specific rules there. If it has been registered as a house then there will be a cadastral map showing which bits are registered as habitable. You should have this from the purchase. The best way to find out what is permitted in your particular area is to either have a chat with the comune technico (assuming he is the approachable type) or speak to a local, recommended geometra. You say the drainage outside is private but then someone must have installed it. You may have to pay to join their "consortium" to connect to it. It could be a private drainage system for a few houses or just your neighbour. As to whether you need permission (other than from the owners) to connect, that would depend on if you have to cross any public roads/land. If you need to install your own septic tank then you will need a geologists report and the location of the septic tank goes on a register but again, the comune technico or a local geometra can advise. It is very difficult for someone to comment generally as so much is controlled locally.
Actually Fillide is correct. If the labourer is employed then the employer will have to pay quite hefty NI contributions (not tax) for them. The employee has to pay too but at a lower rate and is responsible for paying their own tax - just the same as in the UK. If the labourer is self-employed then they have to pay approx 45% in contributions (tax & NI) out of the gross amount paid to them (less expenses of course). But I agree with Cap Boi that around €15 gross an hour, or a little more, for an unskilled labourer is about right.
The hospital in Amandola still has A&E but if it is anything serious they will send you to Ascoli. But it is a good bet first of all if you have an emergency. Remember to tell people to bring their E111/EHIC card with them. The pharmacy in Valtenna has an English/Italian woman working there (Elizabeth). I would suggest that as your first point of call for non-emergency medical issues. There is a very good dentist in Force but he doesn't speak English I'm afraid.
I am sure there is always work for "a man with a van" and that could include bringing food stuff over for people. The only things I still import are teabags, marmite oxo cubes and spices/curry powders. Having said that, I've just bought a huge amount of baby stuff from the UK as the price of it here is at least 50% and often 100% more. Also 2nd-hand furniture here is very scarce and expensive. Have you though of bringing stuff like that over and maybe getting a merket stall? I'm not sure you'd need a refridgerated van. I can't think of any cold stuff from the UK that I would buy to be honest. One thing I would say is that yu would need to have proper insurance for people's stuff if you were bringing that over.
Sorry I should have said "If you sell your prima casa within the 5 years and buy another prima casa within 12 months you don't need to pay it" - or has this changed RAM? I was never given the option to declare it in my tax return - the notary asked for the tax - so that is interesting.
The rates went up in 2006 if that is what you are referring to. It used to be 12% and went up to 20%. If you are selling parcels of land you will have to pay CGT (assuming there is a gain in profit) even if none is due on the parcel that contains the house. If you lived in the house for more than 50% of the time you have owned it then no need to pay. If you sell your prima casa and buy another prima casa within 12 months you don't need to pay it. Otherwise you will need to pay it to the Notary at the time of sale. Remember it is only due on the gain so you can deduct the original purchase price (declared in the deed) and any invoiced professional fees and invoiced renovation costs. Your notary should be able to tell you how much it would be (if anything).
This has always been the case. The notary will not permit a non-Italian speaking person to sign a contract in Italian. You will need to do one of two things: 1. Give an Italian speaker your power of attorney and let them sign on your behalf. You will need to sign a power of attorney document in English & Italian (i.e. this would need to be translated). 2. Get the deed translated into English and have a translator present to read the English translation of the deed. Be aware that usually the translator would need to be known to the Notary or at th every least approved by the Notary. Had to do this at all my property transactiosn dating back 8 years so it is not new.
You can buy cast iron traditional style radiators here. Our plumber had a brochure ut they weren't cheap. He also has aluminium ones of the same style.
I would suggest contacting Michael Murphy who is a UK accountant based here who specialises in helping ex-pats with cross-border tax issues. He is a member of the forum or just do a google search.
Comments posted
An estate agent friend of mine said there was a bit of a "boom" (used very loosely!) in Italians buying investment properties. Due to the recent amnesty whereby a lot of Italian money that had been held in Swiss bank accounts etc. could be brought back to Italy with only a very small fine payable, the same Italians are now buying property as an investment with that money. This is due to the low interest rates being offered at the moment.
There aren't building regs in the same way as the UK. There are various rules and regs - some national, some regional and some unique to each comune. It will depend very much on what you want to do with the property. For example, some older properties can have a head height lower than 2.7m but that depends on where you are and there are special rules for tourist accommodation or farm buildings. It also depends on what classification of property you have bought. You refer to it as a "fabbricato" but say it is registered as a house. If it is registered as a house then it will have a classification such as A3 or A1 etc. or does it say "fabbricato rurale" on the "visura"? It wil also say on the visura how many rooms this equates to. If you want to use the other two floors and they are not registered as habitation then you will need to get permission to turn them into habitable space which may or may not be granted depending on where you live and the specific rules there. If it has been registered as a house then there will be a cadastral map showing which bits are registered as habitable. You should have this from the purchase. The best way to find out what is permitted in your particular area is to either have a chat with the comune technico (assuming he is the approachable type) or speak to a local, recommended geometra. You say the drainage outside is private but then someone must have installed it. You may have to pay to join their "consortium" to connect to it. It could be a private drainage system for a few houses or just your neighbour. As to whether you need permission (other than from the owners) to connect, that would depend on if you have to cross any public roads/land. If you need to install your own septic tank then you will need a geologists report and the location of the septic tank goes on a register but again, the comune technico or a local geometra can advise. It is very difficult for someone to comment generally as so much is controlled locally.
Actually Fillide is correct. If the labourer is employed then the employer will have to pay quite hefty NI contributions (not tax) for them. The employee has to pay too but at a lower rate and is responsible for paying their own tax - just the same as in the UK. If the labourer is self-employed then they have to pay approx 45% in contributions (tax & NI) out of the gross amount paid to them (less expenses of course). But I agree with Cap Boi that around €15 gross an hour, or a little more, for an unskilled labourer is about right.
The hospital in Amandola still has A&E but if it is anything serious they will send you to Ascoli. But it is a good bet first of all if you have an emergency. Remember to tell people to bring their E111/EHIC card with them. The pharmacy in Valtenna has an English/Italian woman working there (Elizabeth). I would suggest that as your first point of call for non-emergency medical issues. There is a very good dentist in Force but he doesn't speak English I'm afraid.
I am sure there is always work for "a man with a van" and that could include bringing food stuff over for people. The only things I still import are teabags, marmite oxo cubes and spices/curry powders. Having said that, I've just bought a huge amount of baby stuff from the UK as the price of it here is at least 50% and often 100% more. Also 2nd-hand furniture here is very scarce and expensive. Have you though of bringing stuff like that over and maybe getting a merket stall? I'm not sure you'd need a refridgerated van. I can't think of any cold stuff from the UK that I would buy to be honest. One thing I would say is that yu would need to have proper insurance for people's stuff if you were bringing that over.
Sorry I should have said "If you sell your prima casa within the 5 years and buy another prima casa within 12 months you don't need to pay it" - or has this changed RAM? I was never given the option to declare it in my tax return - the notary asked for the tax - so that is interesting.
The rates went up in 2006 if that is what you are referring to. It used to be 12% and went up to 20%. If you are selling parcels of land you will have to pay CGT (assuming there is a gain in profit) even if none is due on the parcel that contains the house. If you lived in the house for more than 50% of the time you have owned it then no need to pay. If you sell your prima casa and buy another prima casa within 12 months you don't need to pay it. Otherwise you will need to pay it to the Notary at the time of sale. Remember it is only due on the gain so you can deduct the original purchase price (declared in the deed) and any invoiced professional fees and invoiced renovation costs. Your notary should be able to tell you how much it would be (if anything).
This has always been the case. The notary will not permit a non-Italian speaking person to sign a contract in Italian. You will need to do one of two things: 1. Give an Italian speaker your power of attorney and let them sign on your behalf. You will need to sign a power of attorney document in English & Italian (i.e. this would need to be translated). 2. Get the deed translated into English and have a translator present to read the English translation of the deed. Be aware that usually the translator would need to be known to the Notary or at th every least approved by the Notary. Had to do this at all my property transactiosn dating back 8 years so it is not new.
You can buy cast iron traditional style radiators here. Our plumber had a brochure ut they weren't cheap. He also has aluminium ones of the same style.
I would suggest contacting Michael Murphy who is a UK accountant based here who specialises in helping ex-pats with cross-border tax issues. He is a member of the forum or just do a google search.