Please share this info with all of your Democrat friends who promised to leave the US if Trump was elected.
Seriously — how often does the Italian government change hands? Too often.
Eligible taxpayers—that is, individuals who haven’t qualified as Italian tax residents for at least nine of the past 10 years—may opt for the application of a yearly €100,000 substitute tax on their foreign-sourced income.Therefore, no Italian statutory progressive taxation on foreign-sourced income will be levied, to the extent that the yearly €100,000 substitute tax is paid and irrespective of the actual amount of such foreign income and of its remittance to Italy.An additional and ancillary consequence of the new Italian regime consists of the exemption from gift and inheritance tax on the transfer by the applicant of assets and rights located outside of Italy.
