money

Italian property purchase: what is it really going to cost?

Italian property purchase: what is it really going to cost?

Aside from the purchase price, what other costs need to be factored in, when evaluating the purchase of a property in Italy?  There is no straightforward answer to this as it depends on many variables, e.g., is the buyer eligible for first-home tax benefits? Is the seller a private individual, company or a developer? The following is in any case an outline of some of the main costs to take into ac... »

Exposing Seven Myths about the Rules of US Expat Taxes

Exposing Seven Myths about the Rules of US Expat Taxes

If you are a US expat, there are a few myths surrounding US expat taxes about which you should be aware. As a US Expat, you probably receive a lot of conflicting information. There are some common myths when it comes to US expat tax laws. Here, we will expose these myths and let you in on the truth. There is a misconception that if you are living in a foreign country and filing a tax return in tha... »

Maneuvering in the Italian Health Care System

Maneuvering in the Italian Health Care System

Italians health care may not appear as efficient and well managed as other countries, but considering its comprehensiveness, low ‘out of pocket cost’ and overall quality, it probably should get more credit than it does. Even though Italians often complain about the Italian health care system, Italy ranks 2nd in the “World Health Organization ranking of health systems”. Though undoubtedly turning t... »

One card to visit 80 museums!

One card to visit 80 museums!

Before the beginning of Expo Milan 2015, the regions of Piemonte and Lombardy have decided to collaborate by promoting the culture and the tourism of our country thanks to one card! The goal is to realize also in Lombarduy the Museum Subscription, that in Piemonte counts more than 100,000 subscribers and it involves more than 200 historical and cultural museums. In fact, since May, 19th 2015, it’s... »

Val Tidone

Val Tidone

You know you’re in Val Tidone when you see a castle on practically every hilltop, when you find yourself surrounded by a literal sea of vineyards, and when the road winds lazily through one hamlet after another as it slowly rises, revealing breathtaking views of the hills and the valleys! When you have to slow down to avoid the hens pecking on the side of the road, and you start to fill your lungs... »

48 Hours in Turin

48 Hours in Turin

Although Turin is not your typical tourist destination when visiting Italy it does offers unexpected surprises to its visitors. First on our list, is the recently renovated Egyptian Museum (Via Accademia delle Scienze 6) that houses one of the largest collections of Egyptian artifacts in Europe including the Tomb of Kha and his wife Merit and one of the oldest copies of the Book of the Dead. Proce... »

Important Notice for US Passport Renewal

Important Notice for US Passport Renewal

Due to the increased rate of exchange of the US dollar against the Euro, effective March 18th, 2015 there will be a change in passport fees paid in local currency. Fees for Adult Passports First adult passport or replacement for lost/ stolen/mutilated passport – $135.00 or the Euro equivalent Adult passport renewal – $110.00 or the Euro equivalent Fees for Children’s Passports (under 1... »

U.S. Citizens and Resident Aliens Abroad

U.S. Citizens and Resident Aliens Abroad

If you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside. When to File If you are a U.S. citizen or resident alien residing overseas, or are in the military on duty outside t... »