key facts about italy
LOW COST OF LIVING
Italy ranks sixth among the G7, the most industrialized countries in the world. At the same time Italy has one of the lowest cost of living among the G7 which translates into an advanced economic and service sector, with more affordable prices for goods and services.
ADVANCED HEALTH CARE SYSTEM
Italy has one of the most advanced health care systems in the world with regionally based health services that provide universal health coverage. Non-EU citizens can purchase cost-effective health care insurance and be covered through the national health system.
TAX BENEFITS
U.S. citizens who retire to Italy and live off of their pension and savings can benefit from significant tax breaks for a period of 10 years, depending on the ultimate region of residency.
AFFORDABLE REAL ESTATE
Purchasing real estate is convenient and the absence of property taxes on the primary residence makes it a bargain and not a burden owning real estate. Renting is also inexpensive compared to the cost of rent in the U.S. or other G7 countries.
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