Americans Abroad

Old Crank

(4,891 posts)

10. One reply talked about taxes

Thu Jul 27, 2023, 07:43 AM

Jul 2023

It looked like they held the idea if you didn't work in Italy you could escape taxation to some degree. That is not the case.

Did you find a path to citizenship in Italy?

We have friends in Italy now. She is Italian and it was like pulling teeth for her husband of over 10 years to get it done...The

Should you come over, we are in Munich, our advise is to have some of your retirement savings in nontaxable funds before you get here. Our funds were in IRA accounts and every withdrawal is taxed here first then in the US if Germany doesn't take at least what the US taxes would be. Your tax bite in the US will likely be lower than in Europe.

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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