Amid complaints that wealthy expatriates taking up tax residency have caused real estate prices to soar, the Italian government has doubled the flat tax on the foreign income of new residents to €200,000 (roughly $218,000). The Financial Times reported Prime Minister...
Rent2Cash, an Italian start-up that offers up to three years in “rental advance” services to landlords, announced its closing on a €3 million (roughly $3.25 million) pre-seed round and the launch of its operations in Italy. Rent2Cash offers upfront payouts of up to...
A presidential debate that mostly ignored housing issues, a growing disenchantment with homeownership and an effort to repopulate the villages of rural Italy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 24-28. Miss:...
Italy’s Tuscany region is offering cash incentives for people to move into its underpopulated rural towns and villages. USA Today reported the new initiative “Residenzialità in Montagna 2024” – which translates to “Residentiality in the Mountains 2024” – will offer...
A group of parkour acrobats with a large social media following have come under criticism for damaging a historic building in the Italian city of Matera during an online video stunt. According to combined media reports, the London-based Team Phat have attracted...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
