Learn about Italy's economic factors & Finance at InvestItaly
Use InvestItaly.com in order to explore Italy's economic factors as well as Italian finance.
If there one thing you should know is that property in Italy has never been so popular amongst investors. Here at InvestItaly.com you can read about some of the economic reasons that make Italy a wise investment these days:
- Italy is a member of the EU which offers a very well established social and economic environment to its investors. Italy has a strong economy and as member of the G8 industrialized nations, it is definitely one of the world's chiefs. These aspects assist in increasing investor confidence in Italy as a stable and safe destination for investment.
- Regardless of a somewhat complicated tax policy, in Italy there is no capital gains tax on incomes from Italian residential assets. This grants the investor with maximum returns on investment.
- Italy has innovative property tax reforms which offer fantastic opportunities for the rural renovator, including large VAT benefits.
- Italy's residents have the ability to cut their acquisition costs by as much as half.
- Compared to numerous EU countries, property prices in Italy are relatively low. Furthermore, a humble country property for renovation can still be acquired for as little as 60,000 Euros.
- Numerous new markets in Italy still remain ripe and 'virginal' in terms of investment. Capital growth of 20% per year is being accomplished in several locations, while an annual average these days stands at 9%. Bit by bit, visitors benefit from the easy accessibility of rural properties for renovation and resale or let. With careful strategies prepared, they actually experience high yields. Stunning old Italian houses are getting high rent in peak season, as well.
- Italy is at the center of the cut-rate flights revolution, with connections to its many airports from any international airport.
- The Italian government actively supports non-native investment, mostly in rustic areas and offers grants for the ones who reform rural properties.
- Italy is a peaceful country with long-standing political and economic security.
- Italy is easily accessible for investors and tourists from all over Europe and the Mediterranean basin.
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