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  • Italy mulls massive tax break to lure retirees, ... to its sun-soaked southern regions

    08/26/2018 10:32:23 PM PDT · by aquila48 · 38 replies
    Telegraph ^ | 24 AUGUST 2018 | Nick Squires
    British retirees thinking of moving to the sun-soaked south of Italy could soon be able to take advantage of a massive tax break that is being mooted by the country’s new government. The populist administration hopes to reverse the chronic population decline of Italy’s southern regions by luring people to settle there with the promise of paying no taxes for 10 years. The scheme will be open not only to Italians but to foreigners too, it is envisaged. The idea has been proposed by The League, the hard-Right party which makes up one half of the coalition which came to...