A unique blend of history, culture, art, and natural beauty

With its delectable cuisine, pleasant climate, and warm hospitality, Italy provides a fulfilling and enriching experience for those looking to live in a country with a rich heritage.

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Average yearly wage: €25.000 to €30.000

Average retirement age: 66

Average weekly working hours: 36-40 hours

Currency: Euro

Managing your finances in Italy

Moving to Italy can be a captivating and rewarding experience for expats, with its rich history, cultural heritage, and delightful lifestyle. However, navigating the Italian financial landscape as a newcomer may pose unique challenges. At GPI Europe in Italy, we understand these challenges and are here to offer you guidance in managing your finances effectively. Whether you’re considering becoming an Italian resident, starting a business, or planning your retirement, having a well-structured financial plan is crucial for a successful life.

As an expat, you will encounter various financial considerations and opportunities in Italy. Understanding pension options, estate planning, and wealth management are essential aspects of securing your financial well-being. Our experienced team of financial advisors can provide you with valuable insights into the Italian financial market and tailor our advice to meet your specific needs and objectives.

We strive to work closely with our clients, taking the time to understand your unique financial goals and aspirations. Our aim is to empower you with the knowledge and resources needed to make informed decisions about your finances, enabling you to enjoy a worry-free financial journey in Italy.

At GPI Europe, we are committed to helping expats in Italy navigate the complexities of managing their finances. With our expertise and personalised approach, you can enjoy a fulfilling financial experience while living in this charming country. Trust GPI Europe to be your dedicated financial advisor, providing you with the support and confidence to thrive financially in Italy.

 

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    Interesting facts about Italy

    • Cultural heritage: Italy is home to some of the world’s most iconic landmarks and historical sites, including the Colosseum, the Vatican City, and the Leaning Tower of Pisa.
    • Culinary delights: Italian cuisine is renowned globally, with dishes like pizza, pasta, gelato, and espresso being celebrated staples.
    • Diverse landscapes: from the stunning Amalfi Coast to the picturesque Tuscany countryside and the Dolomite mountains, Italy offers a diverse range of breathtaking landscapes.
    • Passion for football: Italians have an undying passion for football, and the sport is deeply ingrained in their culture.
    • Artistic legacy: Italy has a rich artistic heritage, being the birthplace of renowned artists like Leonardo da Vinci, Michelangelo, and Botticelli.

    Top benefits of living in Italy for expats

    1

    Rich cultural experience

    Living in Italy provides expats with a unique opportunity to immerse themselves in the country's history, art, and vibrant local traditions.

    2

    Gastronomic delights

    Italian cuisine is celebrated worldwide, and living in Italy allows expats to indulge in an array of delicious regional dishes.

    3

    Beautiful scenery

    From coastal towns to picturesque villages and historic cities, Italy's landscapes offer diverse and stunning views.

    4

    Affordable living

    While some areas can be expensive, many regions in Italy offer a relatively affordable cost of living compared to other European countries.

    5

    Warm and welcoming society

    Italians are known for their warm and friendly demeanor, making it easier for expats to integrate into the local community.

    Italy cities to move in

    Rome

    The capital city is steeped in history and offers a blend of ancient landmarks, vibrant street life, and a bustling atmosphere. An average meal price per person is around 10-20 euros; a glass of house wine is 4-6 euros; an espresso is 1-1.50 euros; the population is approximately 2,8 million.

    Milan

     As Italy’s economic hub, Milan is a bustling metropolis known for its fashion, business opportunities, and vibrant nightlife. An average meal price per person is around 12-25 euros; a glass of house wine is 5-7 euros; an espresso is 1-1.50 euros; the population is approximately 1,4 million.

    Florence

    Renowned for its Renaissance art and architecture, Florence offers a rich cultural experience in a charming and compact city setting. An average meal price per person is around 10-20 euros; a glass of house wine is 4-6 euros; an espresso is 1-1.50 euros; the population is approximately 382 thousand.

    Venice

    A unique city built on water, Venice captivates with its romantic canals, historic sites, and artistic treasures. An average meal price per person is around 15-25 euros; a glass of house wine is 4-6 euros; an espresso is 1-1.50 euros; the population is approximately 260 thousand.

    Bologna

    Known for its prestigious university and excellent cuisine, Bologna offers a lively atmosphere and a strong cultural identity. An average meal price per person is around 10-20 euros; a glass of house wine is 4-6 euros; an espresso is 1-1.50 euros; the population is approximately 390 thousand.

    Turin

    Nestled in the northern region of Italy, Turin is a city known for its rich history, stunning architecture, and delicious cuisine. As the former capital of Italy, Turin offers a blend of historical significance and modern vitality. An average meal price per person is around 10-20 euros; a glass of house wine is 4-6 euros; an espresso is 1-1.50 euros; the population is approximately 878 thousand.

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    Guide to taxes in Italy

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