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The Milan and Italy model: a financial ecosystem that attracts international investors

The Milan and Italy model: a financial ecosystem that attracts international investors
In a lengthy article, The Telegraph analyses the movement of high-net-worth (HNW) individuals from the UK to Italy, primarily to Milan, following the removal of tax breaks that the UK had long reserved for HNWIs (also known as ‘non-doms’).

In recent years, Milan — and many other places in Italy — has established itself as an attractive hub for investors and international clients, many of whom have also chosen Italy thanks to its favourable tax rules for new residents.

In an interview with other professionals in the sector, Luigi Belluzzo highlighted that around 5,000 people have chosen Italy thanks to the new 24bis tax regime, which is now under review in the government’s 2026 budget law. He added that “the whole ecosystem is reacting. This is probably just the tip of the iceberg.” Nevertheless, there are many beneficial effects and attractive financial and tax regulations.

Our firm has always helped clients to move and settle in a new country, offering advice on taxation, investments, inheritance and integration into society. We support individuals and companies in overcoming the challenges and seizing the opportunities presented by new markets.

Read the Telegraph article

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    Milan is booming as Britain’s wealthy flee Labour
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  • Luigi Belluzzo
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