Recommended Readings for American Citizens Moving to or Living in Italy

Relocating to Italy from the United States: A Comprehensive Pre-Planning Guide

For Americans longing for a life wrapped in history, fine cuisine, and a slower tempo, moving to Italy can be highly fulfilling. Nevertheless, careful pre-planning is crucial to handle Italy's well-known bureaucracy and facilitate a seamless move. This guide offers a thorough outline of key steps and important factors for a successful transition from the U.S. to the Mediterranean’s core. Read more …

U.S.-Italy Estate and Gift Tax Treaty for U.S. Citizens Living in Italy with U.S. Assets

U.S. citizens are liable for U.S. federal estate and gift taxes on all their global assets, while Italy taxes residents on their worldwide assets. This situation can lead to double taxation for U.S. citizens living in Italy who own U.S. assets. The 1955 U.S.-Italy Estate and Gift Tax Treaty ("the Treaty") aims to mitigate this. Read more…

Taxation of US Retirement Account Distributions for Residents of Italy

This report examines the provisions of the income tax treaty between the United States and Italy to identify which country holds the primary right to tax distributions from U.S. retirement accounts, such as 401(k)s and IRAs, paid to residents of Italy. Read more …

A Financial Guide for Italian Citizens Marrying US Citizens in Italy

For Italian citizens marrying a U.S. citizen who lives in Italy, the relationship brings not only personal happiness but also a complex set of financial and legal issues. While the couple starts a life together in Italy, the American spouse's citizenship brings significant U.S. tax and reporting requirements that can affect the Italian partner both directly and indirectly. Understanding these details is essential for good financial planning and marital peace. Read more…