Italy has strengthened a tax rule designed to attract extremely wealthy foreign residents, raising the flat tax that applies to their income earned abroad. Under the 2026 budget law, the annual lump-sum payment increased from 200,000 to 300,000 euros for individuals who move their tax residence to Italy.
The measure targets high-net-worth individuals, often called HNWI, who typically control large financial assets and invest in property or business ventures. The system allows eligible newcomers to pay a fixed annual tax instead of standard progressive taxation on income generated outside Italy.
