Starting 2026, Italy increased its special flat tax for new HNW residents to €300K/year, up from €200K. Covers ALL foreign-source income regardless of amount. Up to 15 years.
The math for someone earning $3M+/year:
US taxes (federal + state NY): ~$1.5M/year
Italian flat tax: €300K (~$320K) fixed
Annual saving: ~$1.18M
Over 15 years: ~$17.7M saved
For someone earning $10M+/year the numbers
get absurd. €300K covers everything.
Add €50K per family member if needed.
The interesting part nobody talks about: pairing this with a productive agricultural estate in Tuscany creates additional layers — reduced transfer taxes, preferential inheritance treatment, agricultural
income exemptions.
Some people are quietly doing this.
The window is open but these regimes
don't last forever.
Has anyone here actually structured something like this? Curious how people are thinking about it and if it’s worth it.