Published: 25.04.2026
From 1 January 2026, Italy’s flat tax on foreign-source income for new tax residents is €300,000 per year. The regime is aimed at people who were not Italian tax residents for at least nine of the previous ten years; sources also report that new opt-ins may be eliminated from 2027.
According to the sources, the flat tax has risen from €200,000 to €300,000 per year, making the regime materially less attractive for wealthy people considering a move to Italy. It may still be relevant for individuals with very substantial foreign income because it replaces ordinary taxation of that income with a fixed annual amount. The main group affected is investors, asset owners and other prospective new residents who can meet the requirement of having been non-resident in Italy for at least nine of the previous ten years. Anyone considering relocation specifically for this regime should pay attention both to the higher cost and to the reported end of new opt-ins from 2027.