About LisaC1

Currently Lives:

Citizen of:

Some Forum Posts:

Italy: Best Place to Live in Italy:

Ciao Carol, We, too, love Le Marche and have been visiting for about 11 years. We used to live outside of Pisa many years ago, while my husband attended the University, and find that it is now too busy of an area for us. We will be moving to southern Marche in September and renting initially for a year, while we continue our house search and also to decide where exactly we would like to live. We know most of the villages in the province of Fermo quite well, but it will be much different actually living there year round. We love the province of Fermo as well as Offida and the city of Ascoli Piceno. However, at least in these areas, there are quite a number of ex-pats, which we had to get used to. We would actually prefer that they had less of a presence there.

Italy: Italy Tax Issues:

I do not believe that this is allowed The 182 day rule is during one entire calendar year from what I understand.

Italy: House Sitting:

Stevegema, Have you checked out this site? It has been recommended to us by a few people: https://www.trustedhousesitters.com/house-and-pet-sitting-assignments/

Italy: More tax info, etc:

Here are some questions and answers from the American tax attorney in Rome that I have corresponding with. I thought this might be of use to others. 1. Will we be liable for income taxes for 2017 in Italy from September 2017 through December 2017? If so, when do taxes need to be paid by and the return sent? "You will be subject to Italian taxation on your Italian-sourced income, regardless of when it was earned. The first tax payment is due by June 30th of the following year and the return by September 30th. " Thanks so much for getting back to me. I would just like to clarify, if we do not work in Italy during 2017 and maintain all of our investments in the US, we will not be subject to Italian income tax and thus will not need to file Italian taxes for 2017. Is this correct? We would have no Italian sourced income. We will just have a small bank account in Italy. "It is correct that you would have no Italian filing obligation for 2017 if you are not resident. As U.S. citizens, you would always have to file a resident return." We will become residents in Italy shortly after we arrive in September 2017. We will be registering in the comune right away so we can get health insurance and buy a car. I know we will always have to file a US tax return but am now confused on whether or not we will need to file Italian tax return for 2017, assuming we have no Italian sourced income? Sorry to have so many questions. I just want to understand our situation as clearly as possible and make no mistakes. "Italian law does not allow for tax residency for part of the year so in 2017 you will be non-resident for the entire year. Therefore, if you have no Italian-sourced income in 2017, you won’t owe any Italian taxes nor will you have to file a return." 2. Is the wealth tax on our existing IRA’s? Someone from a forum I am on said that he has been told by several commercialistas that they are not subject to the wealth tax. "No, there is no wealth tax due on the IRAs." 3. Are assets in a revocable trust subject to the wealth tax? "This would require a specific research." 4. As dual citizens, whom do we pay for our dividend/interest and eventual IRA income? Italy first and then get credited on our US tax return or the other way round? "Likely both countries with a foreign tax credit." 5. Are social security payments taxed in Italy only, versus the US, once we draw them? "Under the terms of the treaty, social security is taxed only in Italy." 6. If our house hasn’t sold before we move over, can we claim the property taxes against any type of Italian ones? They are about $8400 per year. "You can claim real estate taxes against the wealth tax." 6. After 2017, even if we still own our house, do we change residency status with the State of VT in order not to pay any further taxes there? "This would require research. I am not familiar with VT law so it might be better for you to contact someone locally." 7. We would also like to maintain our driver’s licenses in the US as well as our US accounts. We are thinking of using our daughter’s address. She currently lives in MA. Would having a driver’s license subject us to that State’s income taxes? "This would require research. I am not familiar with MA law so it might be better for you to contact someone locally." 8. Our US will is currently for the State of VT. As the bulk of our money will reside in the US, I would assume that we would just have our will in the States. I don’t know, though, how this works once you don’t have a US address, unless we use our daughter’s, if that is possible? I spoke with a notaio in Boston, who recommended not having an Italian will. She thought it would just complicate things and that we would have our house in our US will. She said that the Italian law would follow inheritance protocol. "You would need to speak with an estate lawyer with international experience. I know someone in Rome who does this if you would like a referral."

Italy: No reply from real estate agents:

We have had the same situation where we have rarely heard back. We did get an e-mail from one several months after we had come to Italy and then returned to the States. We always write in Italian. There have been a few that are "in gamba" but they are few and far between. We were able to set up a few showings before arrival with them. The other problem we have had is that no one has really listened to what we are looking for, even when we provided a very detailed list. We have even been shown a bed and breakfast even though we make it clear that was not what we were looking for. We plan on continuing our search once we move over.

Italy: Language Schools:

My husband did a very intensive 3 month course in Perugia many years ago and was very pleased with it. Afterwards, he attended the U. of Pisa Faculty of Veterinary Medicine. He did say that on the first day of class he had the biggest headache of his life!

Italy: Taxes After Relocating to US for Dual Citizens?:

Hi Theresa, I don't have the answer to your first question but imagine if you left Italy and returned to the States that you would need to notify your comune in Italy and then be registered in AIRE again. For this question, "I know I will be required to file taxes in the U.S. and Italy once I establish residency in Italy and am in country more than 182 days." I believe Doppio told me that as duals, once we register residency in Italy that we are obliged to pay income taxes for the portion of the year that we are in Italy. In my case, since we will be moving in September, I will be liable from Sept through December 2017. However, he mentioned that we are not liable for the wealth tax until the 183 day mark. I hope to consult an accountant soon about all of this. Doppio, if you see this post, could you weigh in? Thanks very much.

Italy: Which Visa?:

Hi Jackster, I am a bit confused by this: " Keep in mind that if you reside in Italy for 183+ days in a calendar year, you will be liable to pay Italian income tax on your world-wide income, including pensions and social security benefits, as well as taxes on all foreign assets, city and regional taxes, etc. " As you know, we will be moving in September and various forum members have told us that we will have to pay tax on our worldwide income from September through December 2017. I understand that we won't have to pay the wealth tax for this year but we are liable for income tax all the same.

Italy: Medicare, Part B:

Jackster, Could you send me a pm with the names and contact info of your US/Italian accountants and attorneys? I am compiling a list of potential resources to contact about our upcoming move. Thanks so much. Lisa

Italy: Amazon.it:

Is this also the case if items are ordered on Amazon, GB or other European countries?

Date Joined:

8/3/2016

Total Posts:

121

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