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New-residents foreign-income flat tax is €300,000

In force Taxation

For qualifying people who transferred residence after 11 August 2024, the substitute tax under Article 24-bis is €300,000 for each tax year of the option. Extending the regime to a qualifying family member costs €50,000 per person. Earlier cohorts can remain on their applicable amount. This is a tax election, not an immigration route.

Who it affects

High-net-worth new residents considering the Article 24-bis election.

Sources

Primary: Agenzia delle Entrate ↗

Verified 2026-08-02 · methodology