About islandblues

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Citizen of:

Some Forum Posts:

Italy: Social Security:

i am curious about this asap myassests are i a trust as well but my commercialista in firenze says they an he taxed unless it's an IRREVOCABLE trust keanu g i have no control of it or its assets. let me know more!

Italy: Rental Agreement For ER Visa:

hi, i just wanted to provide a small bit of input regarding the ER visa. i just obtained mine via miami in october. they were very strident about the income. i am single, 57, and they were clearly looking for something in the six figures ++ for me alone. i presented a thorough package in duplicate with six months of every financial statement from multiple sources and still they wanted more. the point here for artnbarb is this: with the visa in my passport i was also handed a printed form stating that i was required to apply for my PdS within 7 days of arriving in italy, and for you maybe more importantly these words: and i quote:THIS VISA IS ISSUED SOLEY TO THOSE APPLICANTS WHO ARE PLANNING TO MOVE PERMENANTLY TO ITALY. THE ER VISA MUST BE REQUESTED AND OBTAINED ONLY ONCE. THIS OFFICE WILL NOT ACCEPT FUTURE ELECTIVE RESIDENCE VISA REQUESTS FROM THE SAME APPLICANTS. failure to comply .... punishable by expulsion. etc etc since you can only apply from your home state (unless you move) it appears you have one shot at the ER visa. it looks like they have had issues in the past and this paper is a clear warning not to try for it again if you are lucky enough to grab the brass ring the first go round. hope this has been helpful! liz.

Italy: working remotely from Italy:

just following and am curious, does this include managing ones investments? i manage my investments while abroad, and a small business i own in the USA. but i am retired and others run the day to day operations. this business wsa declared as asset on my ER application as supporting income. am i drawing too fine a line? thanks!

Italy: Living Trust tax rate in IT:

Hi, I have just gotten my elective residency and am headed to IT where I have property. Most of my assets (biz, real estate, bank accounts and investment accts) are all in living trusts held by myself and my late husband. How does IT treat assets/income in a bonafide trust (not just my own, but my deceased husbands) .. Thank you! Liz

Italy: a life in Italy as none residents:

i bought a car in belgium where i have property, but for the last eight years it has been registered to a belgian friend because without residency i cannot register it. (in Belgium) last summer i tried to register it in italy (because i spend most my time there now) and was told no registration without a residency .....

Italy: italian tax on pensions:

Question: Has anyone delved into the tax ramifications if major assets are in a living trust? Much appreciated! Liz

Italy: Required income for retiring to Italy:

i just got an ER visa approved in miami in october. am single, 57 and they wanted proof of over 100k. would they have taken less i don't know but they wanted way north of six figures.

Date Joined:

12/5/2016

Total Posts:

8

Posts/Day:

0.06