HNWI Flat Tax doubled from €100,000 to €200,000 per year

Law Decree 113/2024 ("Decreto Omnibus"), in force 10 August 2024, doubled the annual flat tax on foreign-source income for new applicants to the HNWI regime from €100,000 to €200,000. Existing beneficiaries retain the €100,000 rate for the remainder of their 15-year maximum benefit period. Applies only to individuals establishing Italian tax residency after 10 August 2024. Family-member add-on remains €25,000/year per spouse or child.