Selecting the right bank in a politically and economically stable jurisdiction is crucial for safeguarding your wealth, especially for high-net-worth individuals (HNWI). A stable country is less likely to face sudden policy changes or financial crises that could jeopardize your assets, ensuring long-term security and peace of mind. HNWI consistently favor banking hubs renowned for… Continue reading The Importance of Choosing a Bank in a Stable Jurisdiction
Italy Doubles Flat Tax to €200,000 for New Residents
Italy has updated its special tax regime for new residents, raising the annual flat tax on foreign-sourced income to €200,000 starting from the 2025 tax year. This regime, known as the “neo-domiciled tax regime,” is designed to attract high-net-worth individuals who transfer their tax residency to Italy. Under the new rules, eligible individuals who become… Continue reading Italy Doubles Flat Tax to €200,000 for New Residents
