“BILANCIO 2017”: the new rules on Italian non-doms, special visa and the(almost) self-financing property improvements.
Shortly before Christmas 2016 and notwithstanding the political crisis, the new Italian budget (“Bilancio 2017”) was passed by the Italian Parliament in record time. It introduces a few opportunities for non-residents. Italian non-doms - [...]
Basement excavations and loss of entitlement to parking spaces, the new frontiers in Italian condominium litigation.
“Condominii ” (condominiums) are a copious source of litigation in Italy. Several people / families living close together in blocks of flats are a continuous source of stress and disputes. Even the 2012 reform of [...]
Traditionally, there are only set, limited ways of dealing with property, under Italian law. Property rights and contracts are restricted by law to what is expressly regulated by and available under current legislation. Until recently, [...]
The Italian Parliament recently passed new legislation for the protection of disabled children. With the newly introduced, formal contract of “Affidamento fiduciario ” parents are in a position to set up a trust, fully effective [...]
“Legge di stabilita` 2016 ” is the new Italian budget. It came into force on the 1st January 2016 after protracted political negotiations. As for similar earlier legislation, it is made up of just one [...]
Trusts were unknown in Italy, until a few years ago. Italy being a Civil Law country, totally ignored Trusts as developed in Common Law jurisdictions. Following the introduction of The Hague “Convention on the law applicable [...]