ItalyThe Italian government's flat tax regime for foreign retirees, offering a 7% tax rate on foreign income, has seen increasing participation since its introduction in 2019. As of the 2024 tax year, 933 individuals have taken advantage of this benefit, with over 76% of them choosing four specific regions: Abruzzo (221 beneficiaries), Puglia (191), Sicily (165), and Sardinia (136). The policy applies to retirees moving to certain regions with populations under 30,000 inhabitants, including areas affected by past earthquakes. The cumulative revenue generated from this tax since 2020 stands at €11.8 million, showing steady growth despite relatively low numbers.
Bias read (Center): The article presents factual data on the distribution of beneficiaries and revenue from the flat tax policy without overtly favoring any political perspective. It cites official government responses and provides statistical information without apparent ideological framing or biased language.
