Where should I setup a bank account in Lucca?

"Before retiring in Lucca, expats should know that the cost of living is relatively high compared to other parts of Italy, but still lower than in many parts of Europe and North America. They should also be aware that while many locals speak English, it is beneficial to learn Italian to fully integrate into the community and culture. Expats should understand that healthcare in Italy is of a high standard and is accessible to all residents, including expats. However, it is recommended to have private health insurance to cover any additional costs. It's important to know that Lucca is a small city with a population of around 90,000 people, so it offers a slower, more relaxed pace of life compared to larger Italian cities. The city is known for its well-preserved Renaissance walls and charming cobblestone streets, making it a picturesque place to retire. Expats should be aware that they will need to apply for a residency permit, known as a Permesso di Soggiorno, within eight days of arriving in Italy. This can be a lengthy process, so it's best to start as soon as possible. Understanding the Italian tax system is crucial for expats planning to retire in Lucca. Italy has a double taxation agreement with many countries, which means you won't have to pay tax in two countries. Expats should also know that Lucca has a Mediterranean climate with hot summers and mild winters. The city is also located close to both the mountains and the sea, offering a variety of outdoor activities. Finally, expats should be prepared for the Italian lifestyle, which places a strong emphasis on family, food, and enjoying life. This includes a slower pace of life, long meals with family and friends, and frequent festivals and celebrations," explained one expat living in Lucca, Italy.

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Tripiamo empowers expats & travelers with comprehensive online country-specific driving guides, enabling them to drive confidently abroad from day one. Prepare in advance, stay safe, and cut unnecessary hassle and expenses while moving abroad and exploring new destinations.

Tripiamo

Tripiamo empowers expats & travelers with comprehensive online country-specific driving guides, enabling them to drive confidently abroad from day one. Prepare in advance, stay safe, and cut unnecessary hassle and expenses while moving abroad and exploring new destinations.
Learn More