Here are some of the most significant benefits that can be achieved through an endowment policy for people resident for tax purposes in Italy.
• Only 12.5% tax during the term of the policy on rental income, dividends, profits,exchange rate gains,etc
• The customer defines the investment strategy and bank.
• No limit to deposits.
• Opportunity to add more insured persons.
• No EU taxes.
• No capital tax.
• No exit tax when you move. The policy can be cancelled at any time.
• The policy can be mortgaged and used as security for a new commitment.
• Payment made after ten years.
• No tax when payment made.