I love how you use a google map. It makes it so clear and relatable. 02:51 There isn't a "video up here". 12:13 That is a great selling point, even to the most jaded of characters.
That would be a good contact to have there! I know some folks love or hate Puglia... I think it can be too remote for some. The rural areas can be very sparse. But the coastline looks amazing!
I will join your news letter. I am not buying at this point but wanted to see what you had. I stayed at a family B&B in Lecce I love it and would maybe like to have my own B&B for 6 months
I cannot belueve some if the home prices near Cast, Ortona and Pescara, Abruzzo.” A couple of miles from the beach with views starting at 60,000 Euros. Great location!!
Hello tommy. Can you please tell me how it is with this 7 % tax income from all over the world? If I gane în my country lets say , there I pay 19% on my income. Than I pay again în italy 7% income tax? So I am duble taxed?
If your country has a tax treaty with Italy, you’ll get a tax credit in one country for what you paid in the other country. So no double taxation, but you may owe some extra in one.
I'd like to know, too. The last time I visited native-born, Italian friends there, the mafia was still coming around collecting money from individual homeowners right there on the front porch.
I don't think it's an issue. I'm not saying it nevers happens. But I've never heard of it from any of my contacts in Italy. Just like I'm sure it happens in the U.S. still. Just so rare.
CURIOUS ? What about ? * Utilities Gas & Electric * Trash Removal * Where to Park ? * Taxes * Insurance * Community Fees Why are these Necessities never represented ? Sincerely, Thank You.
I honestly don't know the answers to these. I'm guessing the agent on this property could answer all these questions. The property listing link is in the description. I don't have any relationship to the agent or owner. I hope you find what you're after!
How long can I live there if I am a US Citizen? I do not qualify for any of the visas right now, but could buy a home. How does that work if you cannot live there year round?
The first one definitely not since it's empty. The other two you'd have to ask the real estate agent if included. Or negotiate that in your offer. Thanks for watching!
@traveltirement so if you buy a property but stay 3-4 mos( what is the window) you pay no taxes to Italy?.Just the usa. ? Is that the only tax Italy has? What if you need to go to the doctors??
@@browneyelady6726 Correct. If you stay less than 90 days every 180 days, you just need a passport (no visa) and would not be considered a tax resident of Italy. You pay a registry tax when buying property of either 9% (non-resident) or 2% (resident or will become one in 18 mo). Only other tax you could pay is if you rented out your Italian home. Then you'd pay just on that income. If you need to go to the doctor, you just go. It's cheap. You'd likely need an international health insurance plan also.
A few reasons many Italian properties are cheap: • Demographics - There's been massive migration of younger folks out of small towns and into cities (esp. the north), leaving a lack of demand for property. Demand down, prices down. • Size of house - In Italy, the average size of a house is small compared to the ridiculous McMansions in the US. • Age of house - Many of these cheaper homes are older, some from the 1800's and early 1900's. Many don't have central heating. But what they lack in modern tech they make up for with walkability, views, and rustic charm (imo). • Condition - Many cheap homes need some TLC. As you saw in the pictures they often need painting, updating of appliances, sometimes even structural fixes. • Cost of living - Italy has a much lower cost of living than the US. Less than half in many places. That translates to lower prices all around. And of course these aren't a "free lunch". They cost real money. Thanks for watching!
@@TraveltirementItaly What you say here is basically all true, but one thing I would add as info. just for yourself, is that as to the 'demand down as younger people move to cities', yes. However, the real problem that these homes aren't bought much by Italians is that Italians don't move around much at all. They stay in their own regions and towns as they identify themselves with their own regions and 'traditions'. So, even though any Italian could buy these places, they don't much, because they are so regionally enclaved. Very different from the U.S. and many other countries. So when the homes become vacant in these small towns, that's it. They sell at lower prices than they are actually worth, I believe, just to get them sold. This is unless they are in 'extremely desired locations', to other Italians that is. To me, these are desirable locations as they are really nice and I like this type of living, and prices, but not so much to other Italians. But ya they are great for many foreigners as an Italian getaway, or certainly even to live there.
I love how you use a google map. It makes it so clear and relatable.
02:51 There isn't a "video up here".
12:13 That is a great selling point, even to the most jaded of characters.
Thanks for watching!
I love gate-away!!! Great resource for house hunting in Italy!!!
Yes! It’s where I always start.
The first property is a win for me.
My favorite too 😍
Thanks for the comprehensive presentation of the town and area Chip. The tax analysis is appreciated!
Thanks for watching!
beautiful homes. I love the first one!
Me too!
You give such relavant information. I truly trust you and I love your attitude.
I appreciate that!
I like how you get to it...professional and informative...thank you
Thanks for saying that!
You find wonderfull properties. Thank you tommy. You are fantastic !!
Glad you like them!
Tommy thank you for your work. Thank you !!!❤ beautiful properties!! In italy and în france. I am amazted!!!
Glad you like them!
Like first and third properties
Me too!
I like the first house for €79. I love it it’s beautiful.
Yep, I agree it's very nice. And good price!
Ciao Tommy. I love Puglia Was there in October My good friend has two restuarnt and him family had a great olive oil 4th generation business.
That would be a good contact to have there!
I know some folks love or hate Puglia...
I think it can be too remote for some. The rural areas can be very sparse.
But the coastline looks amazing!
A+ video. Having the population saves me looking that up. We want a 7% flat tax town. Great job. Sei bravo
Thanks for watching Katerina!
Katerina, I see you are interested in Italy and as me you are in Texas..I am in houston…area…buona giornata
@@olgasampis9745fun! I’m west of Katy but can’t wait to be living in Italy. 🇮🇹 ❤
@@KaterinaFerrara good for you.. I am NW…I have been around there…Steven f Austin, the city of Refugio? Or similar
Ciao. Grazie da Texas come sempre. Cerchiamo le casa in Molise e Abruzzo ma per questo prezzo..❤❤
Ci sto lavorando! Grazie.
I will join your news letter. I am not buying at this point but wanted to see what you had. I stayed at a family B&B in Lecce I love it and would maybe like to have my own B&B for 6 months
Thanks for joining the newsletter!
Thank You for the information!! Are those properties available at this moment? Oct 2024? Thank You!
The property listing should be in the video description. I'm not the agent on these.
You'll have to check directly with the agent to see.
Great video! Have you ever done one in Nice?
Not yet. There are so many places to check out, but so little time!
Thank you for the train stations!today high of 55 low of 44. 17 December
You're welcome. I'm going to add the train stations in every video if possible.
My friends Reaturan is in the town of Copolungo called Frisara.
Just looked at it on Google maps. Looks terrific!
I cannot belueve some if the home prices near Cast, Ortona and Pescara, Abruzzo.” A couple of miles from the beach with views starting at 60,000 Euros. Great location!!
Thanks for watching!
Hello tommy. Can you please tell me how it is with this 7 % tax income from all over the world? If I gane în my country lets say , there I pay 19% on my income. Than I pay again în italy 7% income tax? So I am duble taxed?
If your country has a tax treaty with Italy, you’ll get a tax credit in one country for what you paid in the other country.
So no double taxation, but you may owe some extra in one.
Family has a very great olive oil business.
Thanks for watching.
Thank you tommy
My pleasure 😇
I like older properties and beautiful ceilings….i prefer house, not apartment
Yep I agree there 👍
Please cover the security in Puglia/mafia is it under control or nothing to worried about. Thank you.
I'd like to know, too. The last time I visited native-born, Italian friends there, the mafia was still coming around collecting money from individual homeowners right there on the front porch.
I don't think it's an issue. I'm not saying it nevers happens. But I've never heard of it from any of my contacts in Italy.
Just like I'm sure it happens in the U.S. still. Just so rare.
See my response to the other comment.
CURIOUS ?
What about ?
* Utilities
Gas & Electric
* Trash Removal
* Where to Park ?
* Taxes
* Insurance
* Community Fees
Why are these Necessities never represented ?
Sincerely,
Thank You.
I honestly don't know the answers to these.
I'm guessing the agent on this property could answer all these questions.
The property listing link is in the description.
I don't have any relationship to the agent or owner.
I hope you find what you're after!
Do you have the links to the pictures please?
Laura they should be below the video in the description.
Do you know if the first home is still available? The €79K.painted ceilings & vault.
Check the property listing below the video. You’ll see all the details.
@@TraveltirementItaly , thank you!
is the first home you show for 79K still for sale " ?? its beautiful.
Looks like it. The property listing is in the description below the video.
How long can I live there if I am a US Citizen? I do not qualify for any of the visas right now, but could buy a home. How does that work if you cannot live there year round?
You can stay for 90 days every 180 days in the Schengen zone (most of western Europe).
Then you have to leave for 90 days.
This is on a passport.
❤
Thanks for watching!
3rd property, is it still available?
I believe so:
demitro.it/property/in-vendita-casa-singola-a-mesagne/
Can you do Umbria in area with 7% tax near a train station with a town with more than 5 restaurants thank you!
I do plan to do more properties in Umbria.
Thanks for the feedback.
Does it come with furniture?
The first one definitely not since it's empty. The other two you'd have to ask the real estate agent if included. Or negotiate that in your offer.
Thanks for watching!
are you in italy yet?
Not yet. Heading to France in a week for touring and the Olympics.
Hopefully we’ll make it to Italy soon!
What are they Italy taxing me on
Your income if you’re a tax resident. If you are not a resident, then you only pay tax if you earn money in Italy.
@traveltirement so if you buy a property but stay 3-4 mos( what is the window) you pay no taxes to Italy?.Just the usa. ? Is that the only tax Italy has?
What if you need to go to the doctors??
@@browneyelady6726 Correct. If you stay less than 90 days every 180 days, you just need a passport (no visa) and would not be considered a tax resident of Italy.
You pay a registry tax when buying property of either 9% (non-resident) or 2% (resident or will become one in 18 mo).
Only other tax you could pay is if you rented out your Italian home. Then you'd pay just on that income.
If you need to go to the doctor, you just go. It's cheap. You'd likely need an international health insurance plan also.
Just wonder if anybody commenting ask himself/herself why those houses are so cheap? Or is it another wishfull thinking about the free lunch?
A few reasons many Italian properties are cheap:
• Demographics - There's been massive migration of younger folks out of small towns and into cities (esp. the north), leaving a lack of demand for property. Demand down, prices down.
• Size of house - In Italy, the average size of a house is small compared to the ridiculous McMansions in the US.
• Age of house - Many of these cheaper homes are older, some from the 1800's and early 1900's. Many don't have central heating. But what they lack in modern tech they make up for with walkability, views, and rustic charm (imo).
• Condition - Many cheap homes need some TLC. As you saw in the pictures they often need painting, updating of appliances, sometimes even structural fixes.
• Cost of living - Italy has a much lower cost of living than the US. Less than half in many places. That translates to lower prices all around.
And of course these aren't a "free lunch". They cost real money.
Thanks for watching!
@@TraveltirementItaly What you say here is basically all true, but one thing I would add as info. just for yourself, is that as to the 'demand down as younger people move to cities', yes. However, the real problem that these homes aren't bought much by Italians is that Italians don't move around much at all. They stay in their own regions and towns as they identify themselves with their own regions and 'traditions'. So, even though any Italian could buy these places, they don't much, because they are so regionally enclaved. Very different from the U.S. and many other countries. So when the homes become vacant in these small towns, that's it. They sell at lower prices than they are actually worth, I believe, just to get them sold. This is unless they are in 'extremely desired locations', to other Italians that is. To me, these are desirable locations as they are really nice and I like this type of living, and prices, but not so much to other Italians. But ya they are great for many foreigners as an Italian getaway, or certainly even to live there.
@@marcocarlson1693 Thanks for adding your perspective. I hadn’t considered the cultural aspect.