As the dust settled on the British and French elections, Italy emerged as an attractive destination for global wealth. The country did it with sprezzatura, by offering a Special Tax Regime which is a flat tax rate of €100,000 for non-doms on income from abroad, rolling out an Inpatriates Regime – to attract returning Italian bankers – with a 50% discount on taxable income, and by continuing with investment or ‘golden visas.’ First introduced in 2017, these measures seem to be supported (for now) by the Italian political establishment despite political differences.
