Cyprus Features of real estate taxation
The acquisition of real estate in Cyprus is in demand among foreign citizens who are absolutely not afraid of the high cost of housing. Prices, on the contrary, attract potential…

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Property Maintenance Costs in Turkey
The purchase of a house or apartment always entails expenses for its maintenance. Real estate in Turkey is no exception. Russian citizens who are happy to buy housing in this…

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To see Paris and ... stunned by French housing
A huge number of people dream of visiting the city of love and romance, the city of the Eiffel Tower, royal palaces and the European Disneyland. Here I am from…

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should be remembered

Buying Property in Italy

According to statistics of the portal 1‑property.ru, in 2018, more than 3.5 million applications for a Schengen visa were received from Russian citizens. At the same time, Italy is one of the most popular countries for holidays with Russians. Almost half a million people who applied in 2018 wanted to get to this country. Russians are the main core of tourists who want to see Italian landscapes.

Why do Russians buy property in Italy?
In Italy, foreigners have the same rights to purchase real estate as Italian citizens. When making a transaction, you do not need to obtain permits from local authorities. To purchase an apartment in Italy, the buyer is not required to have a residence permit.

The presence of ownership gives the holder the right to obtain a multiple Schengen visa. After completing this document, you can stay in Italy for 90 days for 6 months. For a longer stay, you must have a residence permit. Acquisition of real estate in Italy is not an automatic basis for obtaining a residence permit, but will be taken into account when considering the submitted application. Continue reading

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