I can be contacted via email at nancy22314 at yahoo dot com. I am always glad to hear from like-minded folks and if I can help or answer any questions please let me know.
I can be contacted via email at nancy22314 at yahoo dot com. I am always glad to hear from like-minded folks and if I can help or answer any questions please let me know.
Hello Carole, well, we’ve been here 10 years and we know lots of people and we know the real truth. You do have to pay tax in Italy on your social security if you stay longer than 183 days a year, or are a registered as a resident here. It is clear in the U.S./Italy tax treaty. The income is taxed on a sliding scale. From zero to €28,000 it is taxed at 23%. From €28,001 to €50,000 it is taxed at 38%. And above €50,000 it is taxed at 43%. We don’t pay property tax on our home. We no longer pay state tax. Medical care is very inexpensive, cost of living here is probably 1/3 of the US for high quality of life. These things balance out the tax. The taxes pay for all the things you’ll enjoy about living in Italy, so we all pay for them!
HI Nancy. I hope you have enjoyed your summer, despite the high temps! I am curious to what you have been told or learned regarding US citizens paying taxes on their SS Income in their retirement lived out in Italy. Whether a tax resident or even as a new Italian citizen (dual citizenship), what is your understanding for a US citizen who earns no money now anywhere and has zero taxes to pay in the US, and never earned income anywhere but the US during their career? I appreciate any information you have gathered along the way, which I know very well sometimes differs depending on the source! 😜. Many thanks, Nancy!!! Carole