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
You can buy a car without residency, but you will need a carta di soggiorno if you are European citizen. The carta di soggiorno is not compulsory and is to all effects now abolished since March 2007 - but it is an option certainly when buying a new car. If the car is used - residence is now needed.
The insurance cover is enough to gain you residency. Obviously it is not all inclusive, but once you have residency you have a right to a doctor and to use the Italian health service.
It is Scaccia pensieri but whether its available on line I dont know. I used my IFA to get it for my clients, and their application for resdiency was accepted the same day, after being turned away with BUPA the day before! they asked for a copy of the passport, their job and basic details. Thats all - it took less than 12 hours from phone call to certificate of insurance!
I have clients who bought health insurance last week from Ras Allianz for 124 euros each. It is adequate for obtaining residency.
I have some sympathy with the Italian agent - there is an assumption that most Brits want the 'dream' and to restore a pile of stones - and in fact it is true - most clients want that - but not all. I have very rarely said to a prospective vendor that his house is unsellable - its just finding the right buyer. As far as market price goes - its like banging your head against a wall. Most Italians (gross over generalisation to follow) dont understand macro economics. They see the neighbours house on the market for 100.000 and because their house is nicer (its always the case) it must be worth more. So the requests continue to climb. I have tried explaining countless times to clients that market prices is what is paid for a property not what is requested. If they bothered to find ut what was actually paid for the ruin next door, perhaps their expectations would be lower!
Can't say I recognised his Sicily - far too keen to use his new thesaurus if you ask me. its as if he wrote this article 20 years ago and its only now been published.
There are now direct low cost flights from NY to palermo in the summer. otherwise fly into palermo, or Rome and then on to Palermo. You will need to hire a car, the west of Sicily is not great for public transport if you are not on school routes in term time- Sicily is a wonderful place, but the regions within Sicily are varied and diverse. palermo is, while typically Sicilian, completely unlike the rest of the island. I would stay in a smaller hotel or B&B - if you stay in a larger place you could be anywhere, but a smattering of Italian will be useful.