EconomyItaly draws wealthy Chinese property buyers with food, fashion and flat tax
Property agents say Italy is attracting wealthy investors with its quality of life and flat-tax regime, while interest from mainland Chinese and Hong Kong buyers is growing. Introduced in Rome nine years ago, the scheme allows foreign residents, under its latest rules, to pay an annual €300,000 flat tax on all overseas income.
Italy draws wealthy Chinese property buyers with food, fashion and flat tax
Economy