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Americans Abroad

Old Crank

(4,891 posts)

8. Italy taxes on worldwide income

Reply to 3Hotdogs (Reply #7)

Wed Jul 26, 2023, 06:26 PM

Jul 2023

For residents.
Most EU countries do if I am not mistaken. My Social security is taxed in Germany. But at a pension rate. You will have to become part of the health insurance scheme of the country.
There are issues with investing in foreign stocks if you are a US citizen also. You can buy property though.

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My sister is getting an Italian/American passport [View all] BigmanPigman Nov 2020 OP

Lucky you!! Thekaspervote Nov 2020 #1

My paternal grandparents came here from Sicily, so I could do that, too. I had no idea! tblue37 Nov 2020 #2

My Sister just completed all her paperwork montanacowboy Nov 2020 #3

Well, if it was a completely open menu, I'd maybe not choose Italy... But you take what you can get, RockRaven Nov 2020 #4

You can claim Italian Citizenship also through a GREAT-Grandparent HockeyMom Nov 2020 #5

With an Italian passport you then have a free hit Thyla Nov 2020 #6

No tax implications unless you earn money there. From there, it gets complicated. 3Hotdogs Nov 2020 #7

Italy taxes on worldwide income Old Crank Jul 2023 #8

My comment was on how to get Italian citizenship. 3Hotdogs Jul 2023 #9

One reply talked about taxes Old Crank Jul 2023 #10