Regime impatriati tightened — exemption cut to 50% and capped

Legislative Decree 209/2023 materially reformed the regime impatriati from 1 January 2024. The general income-tax exemption fell from 70% to 50%, an income cap of €600,000 was introduced, and residency conditions tightened to require three prior years of non-Italian residence (five or seven years if the same employer employed the worker abroad). The previous five-year extension for buyers of residential property, or for families with dependent children, was abolished.