Expat Finance Services in Italy
The currency in Italy since 2002 has been the Euro. In 2002 the euro replaced the Italian lira which had been the official currency of Italy since 1861. Italy is one of the twelve original European Union nations to adopt the euro, represented by the twelve stars on the design of the euro coins and notes. Coins are issued in one and two Euros, notes for 5, 10, 20, 50, 100, 200 and 500 Euros.
In Italy, three types of bank exist. Most banks in Italy are cooperative credit banks, owned by craftsmen and farmers. There are also cooperative banks, which provide loans, and credit banks, which are ordinary banks. There are around 50 foreign banks in Italy, mostly with branches in Milan and Rome. Italian banks are known for charging extremely high rates of interest.
Anyone may open a bank account with an Italian bank, whether they live in Italy or not. However, those who live in Italy must get a resident account which is subject to more restrictions, such as withholding tax, than a non resident account. All Italian bank accounts come with a debit card, credit card, and there is often a 300 Euro withdrawal limit on ATM machines in Italy.
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Currency Exchange in Italy
Need to transfer money or make a significant purchase abroad? Compare foreign exchange specialists and get the best exchange rate on the market.
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Current Account in Italy
Current accounts specifically created to address your needs as an expatriate. Multi currency, bill payments… find the solutions to your everyday banking needs.
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Offshore Savings in Italy
Compare offshore savings accounts and find the right solution that meets your saving requirements while living abroad.
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Expat Mortgages in Italy
Free and no obligation quotes to help you find the best overseas mortgage. Compare overseas mortgage advisors and make a free enquiry
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Financial Advice in Italy
Get information on investment portfolio building to achieve your investment objectives according to your risk profile.
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Expat Savings in Italy
Make an initial no-obligation enquiry about saving plans, school fees planning, retirement planning. Save money, plan ahead and discover all the attractive options available to you as an expat.
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QROPS in Italy
Learn more about Qualifying Recognised Overseas Pension Schemes. Make an initial no-obligation enquiry to get expert advice on transferring your pension overseas
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Online Broker in Italy
Compare online brokers for forex trading, cfd trading, internet share trading and more..
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US Expat Tax in Italy
American expatriates have the legal obligation to file US tax returns yearly on their income wherever sourced. Get free advice and US tax returns filling quote
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Tax Advisory in Italy
Make an initial no-obligation enquiry on tax planning, tax return or tax issues that you may face as an expatriate.
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