Can I Retire In Italy On My Social Security Alone?

Many people have asked me this question along with many others. The answer has a few different parts. I unpack it all here!
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Find our video "What Does it Cost To Live In Calabria" here: kzbin.info/www/bejne/Y3-akIuhfq2dlbc
Disclaimer I am not an attorney or immigration specialist. Any advice given here is just my experience and observation. Please contact an immigration specialist to find answers to your specific situation.
Also check out our online course that gives you everything we know about purchasing a home in Italy. You can find it here: chrisellis24.clickfunnels.com/sales-pagepnwjzsmz
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[@Fake_account_001]

Come to Crotone (calabria) . It has a California type of climate. Its very very secure (yesterday I saw two young mums with strollers at 11 pm walking sure and secure like was 11 am) Housing is very cheap if you keep it for all year long (like 400 eu monthly ), food is cheap. You can find a Patronato for all you initial bureaucracy.

[@SuperSavvyTravelersLLC]

Thank you Massimo! We will definitely head down there. Crotone has so much history and I really want to see it!

[@accenttraining4professiona864]

What is a patronato?

[@thadtuiol1717]

The local accent/dialect is a tough one though, you basically have to relearn Italian.

[@susangutlove1979]

Great info as always! Thank you!!

[@SuperSavvyTravelersLLC]

You are so welcome Susan!

[@brendasigle722]

Thank you for your help. Always helpful!!

[@SuperSavvyTravelersLLC]

You are so welcome Brenda!

[@catmando4448]

Thanks for the breakdown and encouragement!

[@SuperSavvyTravelersLLC]

You are so welcome!

[@secrethealinghacks1913]

I really appreciate you as a person and the quality of professional background you bring to your channel. I used to live in San Jose! For the Visa, I understand that as a single person I would need just over 3000 (Euros) per month. And I need to have that amount times 12 months in the bank before I apply.

[@SuperSavvyTravelersLLC]

Thank you for your kind words! For the visa, roughly €2,600 per month so depending on the exchange rate at the time you qualify it can vary howeverI think you are pretty safe if you consider 3K per month. And yes, €31,000 in some kind of bank account which from my understanding can be an IRA or equivalent. IF you have some investments there are ways of structuring it to act as income but that is a good challenge for an attorney or accountant. Hope to see you here someday soon!

[@andiamowiththeapplebys9531]

Super helpful! Thank you!

[@SuperSavvyTravelersLLC]

You are so welcome!!!

[@GOINGCRAZYINTHEKITCHEN]

Thank you, I plan to retire in Italy, and this is very valuable information. I have a few years left before retirement.

[@SuperSavvyTravelersLLC]

You are so welcome! Glad you found it helpful!

[@RicardoRoams]

Guess I can cross Italy off my list. Thanks for the info.

[@SuperSavvyTravelersLLC]

Ok, sorry to hear that but good luck with wherever you end up.

[@craiggrant28]

Good Insight! here to Learn more

[@SuperSavvyTravelersLLC]

Great Craig! We will look for you!

[@hippychicktarot]

Whenever your videos pop up I get a little thrill lol I just wanted to say how thankful I am for all the honest and abundantly helpful inside information you share! I wish you would do longer blog videos even if you’re in the USA because you’re so intelligent and interesting. I’d love to know more about what you do with real estate and if you plan on transferring into that once you are a perma-Italian lol 😂 I especially love how you cover things that Americans would be challenged with in the transfer like the language and fees and trains and conversions. Anywhoo Love the channel! I plan to retire to Italy one day and be near tropea Calabria or Trappeto Sicily which is my family’s home town. Thanks for all your efforts!

[@SuperSavvyTravelersLLC]

Wow! What a lovely message! Thank you! I always thought that everyone wanted shorty videos but I can definitely do some longer ones, especially when we get back to Italy and report on everything we experience there. We cannot wait! The real estate thing has gone pretty crazy so we are definitely doing the Remote Purchase Program and selling properties there. We love it so much and there is nothing we like more than looking at properties with people. Thanks for your awesome note!

[@vincenzo3292]

True, you can buy two Nadja pizzas and a bottle of wine for under 20 Euros in Celico, near Cosenza.

[@SuperSavvyTravelersLLC]

YUM!!! I have to have Nduja pizza as soon s I arrive!

[@hewitc]

My guess is that the towns with lower standards of living also have fewer people who are fluent in English. If you don't speak Italian well those areas could be a problem, day to day.

[@micheledeanda4854]

This is great information! It gives me a better idea of what it would be like as an American moving to Italy. Great video!

[@SuperSavvyTravelersLLC]

Thank you! Glad it was helpful!

[@victorxander6630]

Pro trick : you can watch movies on KaldroStream. Been using them for watching lots of of movies these days.

[@franciscokaiden4695]

@Victor Xander Yea, have been using Flixzone} for since november myself :)

[@tesslapointe5120]

Thank you for these videos. Question...weather sites say max highs on summer 90 degrees. I find that in most places they are usually higher. Are there nany over 100 degree days?

[@SuperSavvyTravelersLLC]

Hi Chris, Like anywhere there. are heat waves and it can get over 100 degrees. On those days we take naps in the afternoon and stay up later in the evening. Even on the hot days, if you dress right it is not intolerable. AND you can always go bob in the sea!

[@magickumquatproductions4861]

Another good video!

[@SuperSavvyTravelersLLC]

Thank you Laura!

[@quercus5398]

I tell you,only in Calabria and Sicily with maybe a few other southern Italy provinces,it can be done! Why? Because properties can be cheap,and as of now local foods are very affordable, Local fruits and veggies per kilo,1 euro,local wine 1 euro to 2 euro per litre,cheeses 10 Euros per kilo,bread 1-2 euros,bar espresso in town 80-90 cents cappuccino in town 1.20--1. 30 euros, milk 80-1.00 euro per l’iter,Bottled water 20 cents --40 cents per one and a half litres. if you want to get around,bikes or ebikes would be the best,you can definitely survive with 50 to 60 euros per 7--10 days. It’ very much possible, it’s for you to manage,If a tourist has an emergency medical procedure, there’s no charge( call the embassy) Again,Calabria is probably the easiest on the pocket book!

[@SuperSavvyTravelersLLC]

It really is!

[@gulamgigulam5752]

I m go out of my city now come and c ur video first

[@SuperSavvyTravelersLLC]

I see! Have a great day!

[@edytam2750]

I love Calabria!!! Lived there for 1 year when I was a student, beautiful and so cheap!! Thank u!

[@SuperSavvyTravelersLLC]

Thank you! It is amazing here!

[@reneeoconnell4606]

Great info thx! If I come over as a dual citizen the income requirement is no longer needed? Would i have to get private insurance for the first year? Thx!

[@SuperSavvyTravelersLLC]

Hi Renee! It is my understanding that the passive income requirements does not apply to citizens. Here is a link to an article I found that seems to have good data. italiancitizenshipassistance.com/benefits-of-italian-dual-citizenship/

[@Amira-ir6sb]

Thank you for the information What about tourist visa how long is it for and what is the requirements to get it.

[@SuperSavvyTravelersLLC]

You are welcome! You can travel on just a passport into the EU zone and stay for 90 days. Then you have to go out for another 90 days before you come back in.

[@Isadorka1]

:) Don't know about Italy - but you surely can in Hungary and Italy is only a trainride or short plane ride away.

[@SuperSavvyTravelersLLC]

So true and a great alternate option! Thank you Ella!

[@Martini923]

financial requirements needed to retire in Italy? You must have a minimum of €31,000 (approx. £27,000) per year; this increases to €38,000 (approx. £33,600) for a married couple, and increases by a further 20% for each dependant. For Brits since Brexit

[@SuperSavvyTravelersLLC]

Yes True!

[@chowd.a.d.8309]

I'm surprised by the retire high annual requirement at 31.000€ per person, 2 persons at 62.000€. Gives 5166€ monthly income for my and my wife, who uses this kind of money monthly when you are +65?....I will by a property cash, and spend max 1000-1500€ per month.

[@SuperSavvyTravelersLLC]

Hi, Actually for a couple the amount is the equivalent of 38,000 Euros so you have some wiggle room!

[@vincent4810]

As far as I know if you're an Italian or EU Citizen and or married to one, you don't need that amount of income to reside there. Please correct me if I'm wrong. Thank you kindly.

[@SuperSavvyTravelersLLC]

Hi Vincent. It is my understanding that EU citizens can avoid the passive income requirements. I am not an immigration attorney and I could be wrong however here is a greta article I found anamericaninrome.com/wp/2018/04/how-to-apply-for-residency-in-italy-as-an-eu-citizen/ I would check with an immigration specialist however to be sure as many data is a bit confusing

[@frokgjetaj4899]

Hello hello, i love everything you doo , I like to bye something in Amalfi cost or Positano, so is it too expensive to bye and how much money dos it take to leave there. I do not one move there for good but when I’m not there I like to rent the place. Is it possible, thank you

[@SuperSavvyTravelersLLC]

Hello, It is possible however your property money goes a lot farther down where we are. The views are very similar to Amalfi but the prices are a lot lower. We have a built in rental period every Summer so your return on investment is good as well.

[@lindacasalgrandi292]

Do you need to meet the passive income requirement if you are paying cash for a property?

[@SuperSavvyTravelersLLC]

Yes you do. Property ownership and residency are two separate things.

[@vteotl7285]

Hi, does anyone here know if i could move to another apartment/ city, during my first year of the permesso di soggiorno? I'd like to try at least two regions before deciding on my long term accommodation.

[@SuperSavvyTravelersLLC]

From what I know you can. Our clients have and so did we however please check with Studio Legale Metta for a legal response.

[@ronwalker4849]

WELL, BEAUTY DOESN´T COME CHEAP. IT´S A LOST DREAM FOR ME. WITH LUCK I CAN TRAVEL FOR A WEEK OR TWO FROM MADRID WHERE I LIVE.

[@SuperSavvyTravelersLLC]

Yes you can always come for a long visit.

[@kimmurphy6864]

Well you can look for a partner to spend your life doing fun things with and with the both of you combining your income you could possibly afford to move to Italy. I am in America dreaming of living in Positana hahahahaha

[@motherearth1979]

Do you have a link for that class

[@SuperSavvyTravelersLLC]

Hi! As soon as we set it up we will send out an email. If you re not on the email list, please write me at [e-mail] and I will put you on. We are thinking Saturday mornings 11:00 Am PST until we leave for Italy mid April.

[@taniak.7678]

Seems like a tough thing to get a visa...and CAD$. I won't be 'retired' for few more years....(teacher pension) and don't know what I'll have as total for Old Age security or CPP (canada pension age 60)

[@SuperSavvyTravelersLLC]

It is not really tough if you have the passive income requirement covered. Then it is just a matter of doing the things in order and being meticulous with your documents. Good luck!

[@taniak.7678]

@@SuperSavvyTravelersLLC thats the issue-passive income..wondering about 6month visa and flying back and forth and keeping canada stuff in place and working on the italian stuff part-time...I guess italian embassy good place to start

[@taniak.7678]

@@SuperSavvyTravelersLLC thanks for your fun/educational videos tho'...Calabria has your heart...I haven't been there but many other places in Italy-heart set on Sicily...also loved Liguria...but think the south is more my thing

[@ib4038]

As a Canadian, the exchange rate is not good. Can only do long visits I guess.

[@anniesshenanigans3815]

Well that is disappointing. I would love to live there, but my SS will never get up to the amount needed. My plan was to buy a home and live really cheap. But I may have to buy something and just live there 3 months a year. Is the passive income only income from outside Italy? Because if I rented the home when I was not there I could make the income requirement. ??

[@SuperSavvyTravelersLLC]

Hi Annie, it is my understanding that it is not limited to only sources outside of Italy. This is something you do need to check with a professional because I am not an immigration specialist, but I believe I have a friend who may be using her rental from the house she bought here as passive income. It might be tricky so again check with a professional. Good luck!

[@ChrisTrubela]

You mention as a couple, you need to prove $38,000 combined passive income and at least $38,000 in a bank account. What if you aren't retiring for about 10 to 15 years? Can you show 'active' income from a business source? I own my own business for the last 25 years and plan to continue to work remotely in Italy.

[@SuperSavvyTravelersLLC]

Hi Chris, Not so much for an elective residence visa. However you can check into works visas and I heard something about a digital nomad visa in the works. Nick Metta at Studio Legale Metta Is your best source of correct information. (It is 38K Euros, not dollars)

[@ChrisTrubela]

@@SuperSavvyTravelersLLC Yes. Euros. And very cool if a Digital Nomad Visa comes into play! I will google search Legale Metta and mention your name. Cheers.

[@Vlogging.on.a.donkey]

Apart from electric , water , gas . What community charges are payable such as local taxes

[@SuperSavvyTravelersLLC]

There is just the EMU tax which is about 1% of the cadastral value of the property. This covers your garbage as well.

[@dinosilone7613]

Does Italy consider 401Ks and other retirement savings when determining if you qualify for a ER visa?

[@SuperSavvyTravelersLLC]

It is my understanding that they do however err ti mcut be structured as income. Nick Metta at studio Legale Metta can help you structure your savings so that it is actual income and can qualify

[@dinosilone7613]

Thanks, that's really useful information! So setting up something like a trust or an annuity with it would make sense.

[@neilkorn786]

Yes, you can live on your SS in Italy. But you can't get a visa to move to Italy unless you have strong income/pensions. What if you buy a house and turn it into accommodations? Destination lodging on a winery/farm etc? What if I move to Italy and open a small pickleball facility and train Italian athletes for the Olympics? Pickleball will be in the Olympics soon and Italy is far behind in terms of international players.

[@SuperSavvyTravelersLLC]

Hi Neil! The elective residence visa requires passive income however rental income can fall into that category. Our best advice is to contact Nick Metta at Studio Legale Metta and go over your specific situation.

[@neilkorn786]

I actually live in the US on less that $800 dollars a month. No mortgage, no rent, no car, no c/c debt, no student loan, free health care because my income is low enough to qualify. I know how to find free food almost year round. Currently I work in a supermarket and the farm stands throw out food every day. The bakery near me throws out bread every day. There are plenty of rich people in my town and they put stuff on the curb when they buy new things (junk). I just bike by and take what I need. I could live in Italy cheap with a veggie garden, with fruit and olive trees etc but I will never qualify with my SS. Too bad their loss. I would do lots of volunteer work with animals, doing things for elderly, helping with community events, raising money for people in need, supporting the arts, teaching pickleball to Italian seniors, adults, children and tennis athletes, etc etc. All countries should have a income waver for people who are coming to make a difference. The rich always get to buy into everything and everywhere but do they move to make a difference in the community and better the people living there?

[@SuperSavvyTravelersLLC]

So well done on finding your perfect lifestyle. Please don't prejudge people based on the income status. I know many very rich people who are alway helping people and I know many lower income people who do so as well. Income has nothing to do with how you treat people and how much help you can give Every rich person I know is completely self made. They understand that the secret to happiness is serving and helping others, This I can see you have already figured out and are living it, Well done!

[@Jesus-xm5gv]

I only get $24,000 USD per year for passive income. Does that mean I cannot get legal residency in Southern Italy? I thought the South is way cheaper than North.

[@SuperSavvyTravelersLLC]

Hi and thank you for commenting. The passive income requirements for Italy do not depend on whether you are in the north or south. They apply to all of Italy. For a single person you must have passive income in the amount of at least €31,000 per year. Unless you have some other source of passive income, you will not be able to obtain residency in Italy..

[@annagrigoryan7339]

what about taxes? my understanding is that if you are a resident in Italy, you have to pay taxes on your worldwide income and their rates are very high, up to 43%

[@SuperSavvyTravelersLLC]

That is something that you have to get with Nick Metta at Studio Legale Metta. There are offsets but I cannot advise as I am not a tax specialist

[@voiceyourresilience209]

Do you need an elective residence visa even if you are a dual citizen?

[@SuperSavvyTravelersLLC]

No you do not.

[@glennkoch5173]

Is the passive income and bank holdings requirement a one-time evaluation or is it evaluated annually?

[@SuperSavvyTravelersLLC]

It is my understanding that it is a one time evaluation. It is best to check with Nick Metta at Studio Legal Metta. He is the pro!

[@glennkoch5173]

@@SuperSavvyTravelersLLC Thank you!

[@michellenelson575]

I was listening to the Smart Move podcast and Sam said although the consulate website says you need to show 31k euros in reality you actually have to have 45k passive income to be approved. This would mean I couldn’t retire in Italy. Is she correct? that would break my heart.

[@SuperSavvyTravelersLLC]

Hi Michelle, Form what I understand different consulates leave a lot of power and control in teh hands of the local consulate agents. My advice is to document as much as you can and see how it goes. Legally is it 31K however I have heard that some agent ask for more. It is too and because it makes for confusion and unfairness but it is what it is. You can set a consult with Nick Metta at Studio Legale Metta and he can advise you. They deal with a lot of consulates and he can tell you what he knows about your home consulate. Good luck. Fingers crossed your is one of the ones that sticks to the letter of the law.

[@michellenelson575]

@@SuperSavvyTravelersLLC Thank you SO MUCH Chris! I’ve been following you guys for over two years and really appreciate you! I will definitely book a consult with Nick.

[@jaxxbrat2634]

Med insurance for those older & with pre existing?

[@SuperSavvyTravelersLLC]

I will have to look into this! We are investigating now.

[@pippopapero5373]

Universal care in Italy as long you get whatever visa, they don't have private insurance, and in costitution if you go to hospital they should treat stop, or call the carabinieri😉 healthcare was excellent but after 20 years of good corruption it went down in terms of waiting, but of course if you pay by yourself everything is faster...

[@doughoward6401]

Would it be cheaper in the peiedmonte area of Italy?

[@SuperSavvyTravelersLLC]

Hi Doug, I am not sure, It depends in where in the region. Calabria is one of the most affordable areas.

[@nonnalovepriceless]

Yes as I live in Piemonte But I married an Italian so they bass not much on my earning But my husbands Personally I don’t like Piemonte But I get used to it as I’m in uk But yes it would be cheaper in Piemonte

[@doughoward6401]

@@nonnalovepriceless what are the reasons you don't like the piemonte , please if you don't mind. I would very much appreciate hearing from you .

[@ivyroses4380]

Wait so $2K does that include rental? What does the $2K cover?

[@SuperSavvyTravelersLLC]

It can include rental as long term rentals here are very inexpensive

[@yannip2083]

Does Italy tax American retirees on their American social security pension? And if so, how many %?

[@SuperSavvyTravelersLLC]

My understand is that they do not tax pension type benefits. This is a great question for Nick Metta at Studio Legale Metta. He has a PHD in Italian taxes. Please scroll through the channel and find his videos. I. know that he addressed this question on one of our interviews.

[@zakidelucainternational5345]

Do you know how much they tax with American pension ? Im Italian Citizen and American Citizen

[@SuperSavvyTravelersLLC]

I have to refer this one to Nick Metta. There are offsets and such that he is expert in

[@loreleiamato7447]

what if you drive an electric car? Does Calabria have EV infrastructure? That would save a lot of Euros.

[@SuperSavvyTravelersLLC]

Right now it is not feasible and electricity is expensive here.

[@RTmach]

If my husband and I had dual citizenship would the income requirement still apply?

[@SuperSavvyTravelersLLC]

No, citizens can live there without the requirements of the elective residence visa.

[@RTmach]

@C C What about income tax? Do you pay income taxes for both countries? My husband and I live in the USA and collect social security. We have to pay US income tax, would we pay income tax in Italy as well?

[@dustinbosse233]

@@RTmach not sure how it works for non dual citizens , but US citizenship requires you pay taxes anywhere in the world

[@missbeahaven1935]

I am disabled and on SSDI and, l will be trying to work some in the U.S. before I go to italy so, this may change but, does that make a difference if I have active income vs passive? There's a limit to how much I can make too. I'm really wanting to start a business there and get passive income from that but, I want to make sure I can survive if I don't/can't do it and just go as basically a retired person.

[@SuperSavvyTravelersLLC]

Hi! From what I have read and heard the income must be considered passive in order to qualify. If you want to start a business you can look at getting a work visa. I am not conversant in the details of the work visa but it may apply to your situation. Also we have heard that Italy is looking at rolling out a digital nomad visa soon. Fingers crossed that this occurs soon.

[@missbeahaven1935]

@@SuperSavvyTravelersLLC Yeah I saw that in one of the other comments, I had never heard of a digital nomad before but, that would be the ideal thing. So, the passive income thing is only if you want to apply for an ER?

[@missbeahaven1935]

​@@SuperSavvyTravelersLLCI also qualify for jure sanguinis and that was my original plan does that have a passive income requirement or money in the bank?

[@carolweaver3269]

There was a lawyer speaking yesterday on a youtube post and he said that there is another way to come into Italy. If you have an ancestor *close* in the last 150 yrs that you can show that they are your relative you are able to be moved to Italy more or less as it was part of your family heritage. So let us say your grandfather came from Italy * which mine did* and it has been within 150 yrs, that would be something you need to talk with a layer, as there is another way of coming in with different rules. You would be moving back, as you have family in Italy. My cousin was coming to Italy to visit with family and staying on the third floor of the house, which was furnished and just open for family to come and visit. Maybe for some, it is worth checking this way out? My husband has gone to Italy and he felt it is unbelievable they have set such high prices as they do not all live all that well in many areas of Italy, and so he found it just unbelievable. The stone buildings that were not so fancy etc and he did not know how they could be making so much money>Maybe the Statue of Liberty given to the U.S. from France needs to be sent to Italy? lol ? Give me the poor, the homeless etc etc etc. Many lovely people with a good income will want to come over from U.S. as it is not going in a good direction at all. The border is open and over 1,000 people a day will be coming in and not so legally either. Living in the cities in tents and not enough supply but more demand. it is not a good direction.

[@SuperSavvyTravelersLLC]

It is definitely worth checking this out. The prices vary wildly in the different area. It is important to check them all out before settling somewhere.

[@carolweaver3269]

@@SuperSavvyTravelersLLC Agree.. TY!

[@carolweaver3269]

@Mike Collon My grandfather came to America from Italy, he owned land in Italy first, then left and settled here. He was supervisor of the railroad, and had nine children, my dad being the youngest, and so yes, he became a citizen, and my father was born here as was I, so it looks like the chain was broken as of when he became an American citizen in America. We do have family there yet, but this would be the direct line as grandparent and parent. Thank you for your explanation,

[@carolweaver3269]

@Mike Collon Good idea, as it is true it certainly could change, and the lawyer could let you know when he hears anything different, as long as he is maybe reminded at times? But perhaps it has changed already we never know, until we do ask? My dad fought in WW2 also and went in before I was born! We have much in common!

[@msjannd4]

It takes 5 years to become a permanent resident in Italy, right? So I'm thinking I could live there for 5 years, but then I'd have to move if I'm not making 31,000 euros a year. 😭😭😭

[@SuperSavvyTravelersLLC]

These are legal questions that we can't advise you on, I would highly suggest you contact an immigration attorney such as Nick Metta at www.studiolegalemetta.com for advice.

[@hewitc]

I think you have it backwards. You can stay for 6 months as a tourist. Any longer and you need an ER Visa which requires a minimum income. If you are able to become a permanent resident, by citizenship or otherwise, then you no longer need to meet the income test.

[@esj4373]

I'm only getting 925 per month ss & disability so not sure where I stand

[@SuperSavvyTravelersLLC]

If you have other sources of passive income you could qualify but you will need more every month in order to qualify.

[@esj4373]

@@SuperSavvyTravelersLLC I'm also a ebay seller for 21 years so I guess I can sell from Italy for added income although I don't file taxes for eBay sales

[@hewitc]

@@esj4373 Why would you admit publicly on social media not paying taxes on taxable income? eBay income is taxable income under federal and state tax laws. So is rent income from AirBnB, btw.

[@neilkorn786]

The house for a $1 is kind of a scam because many people who would take advantage of that do not have the income to get the Visa. Plus the $1 houses are now $2 dollars with inflation LOL. Most of those $1 houses need minimum $100,000 renovation just to get started. It's basically fun for the rich not for the person with a deep passion and love of Italy and a small bank account.

[@SuperSavvyTravelersLLC]

Hi Neil, there are many pitfalls however the renovation costs are nowhere near 100K for a 1 euro house. More like 20-25K. Our renovation of our almost 2,000 sq foot house in Calabria was way under 100K and a LOT of work was done including the complete renovation of the ruin next door. That said, these houses are cheap for a reason, Take a look at our video The Truth About 1 Euro Italian Houses where we break it all down. But you are not far from the mark. There are much better options available.

[@jamie615]

My mom has 2200 a month from ss... and can buy a house. Does that qualify?

[@SuperSavvyTravelersLLC]

Hi Jamie, Unfortunately you have to have 31,000 Euros in passive income to retire in Calabria. She would have to show another source of passive income to qualify.

[@jamie615]

@@SuperSavvyTravelersLLC even with the golden visa? it says you can obtain an Italian golden visa if you purchase a home that is 300k-500k...do you still need the 31k monthly income? 2200 is a high ss income I thought? my moms sister and my cousin are italian citizens I would LOVE to buy property there and move to be with my family and enjoy the magic of Italy.

[@aclem8246]

Selling a course/vid. The reality is if you don't have a lot of money you will be stuck wherever you buy so you better love it. In Europe if you were not born there you are never seen as a local you are always going to be seen as separate/ a foreigner. The bureaucracy in Italy is also stifling.

[@SuperSavvyTravelersLLC]

That is not my experience but everyone has their own viewpoint

[@locutus577]

I would like to chat with you I have some money and thinking of retiring in Italy. I have dual citizenship. I live in NJ. Keith

[@SuperSavvyTravelersLLC]

Hi Keith! can you send me an email? I am at [e-mail]. We can communicate there.

[@samkurz]

Average SS is 1500 a month.

[@SuperSavvyTravelersLLC]

Thank you!

[@virgilio1956]

does Italy tax USA social security?

[@SuperSavvyTravelersLLC]

Generally yes but there are offsets that you can apply. I am not a tax specialist so I would recommend seeing a good tax attorney or specialist Nick Metta at Studio Legale Metta is a PHD in Italian tax law and has lived in the US for a long time he is our first choice.

[@jcclassybro9426]

Does it make a difference if you become a citizen by descent, my whole family is from Sicily Parents /Grand Parents / Great Grand Parents....and if I purchase a house or condo apartment being paid off....and have some life savings in my Bank Account and also my Pension, but i don't think I'll be getting anywhere close to 30,000 like you mentioned in the beginning....

[@SuperSavvyTravelersLLC]

I believe there's a faster path to gain citizenship through decent. However you can still buy and hold Italian property without any Italian citizenship or even residency requirement. It's best to check with Nick Metta at studiolegale.it for the details.

[@Imhim247]

How about Social Security disability from a American? Will they accept that?

[@SuperSavvyTravelersLLC]

It is my understanding that as long as the payments are expected to continue indefinitely, it counts but Nick Metta at Studio Legale Metta is your best resource on that.

[@Imhim247]

@@SuperSavvyTravelersLLC Nice! Thank you so much for this info!

[@kennyburris158]

Too expensive I only make 1500 a month 😢

[@SuperSavvyTravelersLLC]

I understand.

[@hshs2407]

Why would you want to move to Italy just wondering

[@SuperSavvyTravelersLLC]

You really have to come over and experience it to understand what draws people here.

[@johnmoss6631]

Visit and find out for yourself. You’ll see why then.

[@bubumic2971]

As an Eastern European rezident i can`t do shit with my pension ... The pensions in my country are 200$$ / month and taxes are 150 $$ / month so we are basically DEAD !

[@SuperSavvyTravelersLLC]

I am very sorry to hear that.

[@bubumic2971]

@@SuperSavvyTravelersLLC I wish i could find a job in Spain and sell everything i have and move there ...

[@circlestar8697]

Too expensive

[@SuperSavvyTravelersLLC]

I am sorry

[@joyanne440]

Who's making 4000 a month on social security? To bad America didn't have this law.

[@SuperSavvyTravelersLLC]

It is what it is

[@tobirates916]

The US doesn’t have a retirement visa program. The closest we have is the EB-5 Visa that allows eventual permanent residency for investments starting at $500,000. So that’s not a viable option for most retirees.

[@johnmoss6631]

Blah blah blah

[@crazyforitaly2021]

Yes you can retire in Italy and live off your SS income.

[@SuperSavvyTravelersLLC]

True!

[@robertharry7652]

You need $36,000 in bank?

[@SuperSavvyTravelersLLC]

Hi Robert, You need 31,000 Euros in yearly passive income and 31,000 Euros in some sort of bank account such as a retirement account or similar.

[@fulanichild3138]

You can't even retire in Mexico on your social security alone. Says a lot about how America treats its seniors.

[@SuperSavvyTravelersLLC]

Yes true

[@mswhoeverwhatever]

Are there any black people in Calabria and are the Italians friendly to them?

[@SuperSavvyTravelersLLC]

Hi, Yes there are and the Calabrians welcome everyone who wants to be here and be part of the community.

[@honeybeejourney]

Oh, rats. Italy is out of reach for me. Portugal requires only 8,000 Euros per year.

[@SuperSavvyTravelersLLC]

Oh dang! I have heard great things about Portugal though.

[@neilkorn786]

But isn't the Golden Visa $500,000 in real estate purchase in Portugal? And Now it's very limited and possibly ending the GV because too many people moved there?

[@neilkorn786]

What, really only $8000?? And nothing else?