How to buy and arrange housing in Italy?

Registration of real estate in Italy

The main list of documents for the purchase of real estate in Italy. How to buy a house correctly so that you are not deceived?

To buy a property in Italy , it is necessary to comply with the mandatory requirements of Italian legislation .

List of the main requirements for registration of real estate in Italy  :

1. Writing an offer for the owner of the property for the purchase of real estate in Italy.

2. Contract of sale.

3. Completion of the purchase agreement at the notary.

1. Writing a purchase price offer for the owner of the object.

At this stage, the buyer tells the seller the cost that he is willing to pay for real estate in Italy.  At the same time, they formalize it in writing. In addition, the client is left with the advance payment company as a reservation for this ;object;

This negotiated amount is given to the owner.

2. Advance contract for the purchase of real estate in Italy.

In this contract for the purchase of real estate in Italy, all the main provisions of the transaction are indicated. The client undertakes to purchase real estate, the seller, for his part, undertakes to sell the object.

The buyer leaves a deposit, in the future it will be considered in the final price.

The contract also describes the exact terms of payments and registration with a notary. 

3. Notarization of the contract of sale.

A notarial contract is the final document in a transaction. The notary whom you choose together, draws up the transaction of the object. And the main thing is to register it at the registration office. 

TAXATION OF PURCHASE AND SALE OF Real ESTATE in Italy. 

The client pays at the end of the contract of sale: 

• (imposta di registro) state fee 

• (imposta ipotecaria) mortgage tax

• (imposta catastale) cadastral tax

• (imposta sul valore aggiunto) value-added tax 

a) purchase of real estate from individuals. faces 

• state fee - 7%

• mortgage tax - 2%

• cadastral tax -1%

• value-added tax - 0% 

b) purchase of real estate from a developer :  

• state fee - 168 €

• mortgage tax - 168 € 

• cadastral tax -1%

• value-added tax -10% 

 This cost is usually lower than the actual market price. 

Visas and the possibility of obtaining a possible residence permit in Italy

The necessary Schengen visa, and the acquisition of a residence permit, continuous residence and citizenship and addresses of representative offices and consulates in Italy.

Buying a property in an Italian country gives visa benefits. So, the owner of real estate in Italy receives a multivisa - a visa - for multiple entry. For registration of documents, you will need to provide a document of ownership (photocopy) confirming the ownership right and an original extract from the real estate register from Italy. It is allowed to get a long-term visa only after purchase. 

ENTRY VISA

For residents from Russia, travel to Italy, only on a Schengen visa. 

The necessary documents for registration at the visa center. 

1. Foreign passport, (at least three months after the expiry of the visa).

2. 2nd valid foreign passport (if any. It is also desirable to provide a previous passport where there is a Schengen visa.

3. Copies of all pages of the Russian passport (copies must be of high quality, fuzzy or fax are not accepted).

4. Two photos (color, high quality, fresh, on a white background, - 3.5 * 4.5 cm).

5. A correct completed questionnaire with all the data.

6. Certificate from your place of work, on letterhead, position, salary and date of enrollment.

7. Extracts from the personal bank account, about the availability of the amount of money, the minimum of which will be enough to stay in Italy. The minimum amount is approximately €150 per day or €700-800 per week.

In addition, honey. insurance, hotel reservations and airline reservations.

For those who do not work:(children, students, housewives or pensioners) need a sponsorship letter from 1 of the relatives. If your child, under the age of 18, leaves with 1 of his parents, you need to provide a power of attorney notarized with permission from 2 parents to travel abroad.

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