Italian Property Finder

Why Italian Real Estate Can Become a Powerful Estate Planning Tool for Belgian Families

Most Belgian families think of Italian property as a lifestyle purchase.

Few realize it can also become one of the most efficient assets to transfer to the next generation.

Consider a Belgian family with:
• €4.6M in financial assets
• €3M in Belgian real estate
• €1.8M in Italian property

Under current Italian succession rules, children benefit from a €1 million exemption per child on inheritance tax.

In many cases, this means Italian inheritance tax on the property can be extremely limited — or even zero.

At the same time, Belgium generally avoids full double taxation on foreign real estate that has already been taxed abroad.

The result?

Italian real estate can sometimes become a remarkably efficient component within an international estate structure.
Of course, every situation is different:
• Belgian inheritance tax still applies to worldwide estates
• progression effects remain important
• and proper cross-border planning is essential

But for internationally minded families already dreaming of a home in Italy, the succession angle is often overlooked.

At Italian Property Finder, we increasingly help international buyers look beyond the purchase itself.

The way Italian property is acquired, owned and eventually transferred to the next generation can have significant long-term implications — financially, legally and emotionally.

Because buying in Italy should not only be about ROI.
It should also be about Return on Happiness.

🇮🇹 Interested in the financial aspect of our assistance in finding your perfect Italian home? Let's delve into the costs involved in our tailored services.

With our extensive knowledge of the Italian luxury property market and adept negotiation skills, we consistently secure advantageous deals for our clients, ensuring they acquire their dream properties at the most favorable prices. While our fee varies depending on the assignment, two things remain certain:

👉 You won't incur any fees unless you've made an offer that's been accepted. It's a rare scenario where our savings don't exceed the value of our fee. Our transparent fee structure and commitment to maximizing your financial benefits set us apart from other agencies.

👉 Our incentives are always aligned with yours – to secure your Italian home at the best possible price. Remember, we work exclusively on your behalf, ensuring that your financial interests are our top priority.

More info at www.italianpropertyfinder.com

👴 👵 When choosing to retire in Italy, the visa you need is called an Elective Residency Visa. This is a long-stay visa, mostly used by foreign nationals who aspire to live and retire in Italy and have the financial means to do so without working.

If you are able to receive income from a retirement or pension plan, you may utilize this particular type of visa. In order to obtain this visa, it is necessary to personally apply at the relevant Italian consulate that covers your jurisdiction before leaving home. You will be required to submit the following official forms:

Proof of ongoing income: You need to demonstrate that you have a steady source of income. Please note that income earned through work in your home country cannot be used to support your residence in Italy. Examples of acceptable retirement income sources include:

- Social security checks
- Pension payments
- Investment returns and dividends
- Retirement accounts
- Income from real estate

👉 For a more detailed guide on retiring in Italy and navigating the visa process, be sure to check out our blog for comprehensive resources and insights. https://italianpropertyfinder.com/retiring-in-italy-a-comprehensive-guide-to-living-la-dolce-vita/