Suddenly there is a new forum and lots of new members appear from nowhere asking really useful questions! it's almost as if someone somewhere is trying to make the new site justifuy its existence. Which is nice.
Ram's activity
Questions Asked
One for Charlotte - i have an American client, executor of his fathers estate who says that under the Uniform International Wills Act he can deal with the Italian succession of his American/Italian father.
'Tourists' in ITaly have now got a deroga from the government allowing them to buy stuff that costs more than 1000 euros with cash.
There is a hugely important element to the manovra published yesterday. For people who took residence in Italy to get prima casa, but dont actually live here...From 2012 you will pay 7/1000 on the value of any property owned OUTSIDE ITaly.
oops apologies - going blind in my old age
So the Nationwide has introduced bank charges - £1 fee and 2% commission on every withdrawal via ATM abroad - Im gutted. But, I had no advance warning and am also deeply annoyed. Anyone else in the same boat?
Somewhat open mouthed to see a large ad for Giambrone on the front page of the Italy Mag website.
Does anyone have any info on the scudo fiscale. It seems that the new version is not only retroactive, but anyone bringing money into Italy could be liable for 5% tax if they are resident.
The disaster in the province of Messina goes to prove the instability and 'eyes wide shut' approach to living in Italy.
Comments posted
If you enter a road on a slip road, and then see a sign, you must leave at the next exit - you cannot do U turns etc - its a logic that may be lost on a local bobby but they'll give in in the end. Re car hire companies - you would think so, but its like if you are travelling with a kid, you must have a child seat. Hertz should supply it to be legal? Never in a million years. Probably in the very very small print it says that they give you four wheels and a petrol tank. Everything else it down to you. - I once had a similar problem in the UK - rented a car and after a day it rained - turned on the wipers and ... nothing. Then got stopped by the police. My fault - even though I was driving back to hire car company to change the car. You apparently choose to drive , the HCC doesnt force you to... ah if only we all the had the money to hire cars we dont drive.
The law requires you have snow chains in the boot if it starts to snow. So, if you arrive to pick up your hire car adn the weather at the moment calls for snow chains then the company has to provide the car ready to drive. If its sunny and hot, then no. Simple - Italian law says its always your fault whatever happens and for whatever reason. Here in Sicily we also have to have snow chains on the road between Modica and Ragusa. IT never snows. It never goes below freezing, though four years ago it did sleet for 10 minutes once. In order to avoid the understandable wrath of drivers they have put the sign after the entrance to the road - so you dont see it until you're on the road. With no snow chains you must leave at the next exit - which is Ragusa. ANAS is covered by law - ie if there is terrible weather its your fault you werent prepared, and we dont buy snow chains, because its our fault we cant see the road sign. Everyone happy.
Clearer but - if the HMI say your are domiciled in the UK for 15 years after you leave, does that have bearing on anything?
Interesting. I read Para 2 to mean - taxable in the contracting state. - eg - worked in UK, have UK pension, taxable only in UK: with article b) - taxes payable in eg Italy only if a resident in ITaly and Italian citizen but who has worked in another contracting state - eg UK.
As an owner you are liable for 33% of taxes and imposte - ie IMU, condiminio, TARSU etc. For the utility bills you should get yourself off the bill. I am assuming that you all signed the act of purchase as owners of 33% each. Can they make you sell - ultimately yes - you own a minor share. If they want to do works, you can be forced to pay your share, or let them buy you out. A court would decide the value of the property and they should pay you that portion.
Ask a percentage of the rent. Then you earn more in high season when you would rather be at the beach.
http://opensignal.com/coverage-maps/Italy/Naples/ This site will tell you who provides the best coverage in your zone.
I happily stand corrected - according to your site you can use Cedolare secca for tourist contracts....
AFAIK you cannot use cedolare secca on holiday lets. You need a registered contract to take advantage of the legistlation which a holiday let doesnt provide.
Barclays has been retrenching in Italy as teir performance has been pretty cr(P. Branches clsoing etc. And deservedly so - they will cherry pick what they want to lend on - so nothing in the country, nothing in stone, etc - if you have an office in Milan you may get lucky. They tell you this after you have spent 6 months waiting for them to come back to you and also spent for the survey etc - (not that Im bitter? - same goes for BNP) As with everywhere else, mortgages are now very difficult to come by and the qualifiers change with the wind. Unless you have huge equity in the UK and fabulous incomes, I think getting anyone to lend at the moment will not be easy. Good luck.