The Aporia
Oliver, C. (2026, November 3). Giorgia-Meloni-Italy-money. Reason. https://reason.com/2026/11/03/8408981/
Oliver, Charles. “Giorgia-Meloni-Italy-money.” Reason, 3 Nov. 2026, https://reason.com/2026/11/03/8408981/.
Oliver, Charles. “Giorgia-Meloni-Italy-money.” Reason, November 3, 2026. https://reason.com/2026/11/03/8408981/.
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As of 2026-11-03, Italy's proposed 2027 budget includes a new 25 percent exit tax for wealthy residents who move their tax residence abroad and have at least €800,000 (about $896,450) in assets. This tax would apply to investment gains that have accumulated but not yet been realized through a sale, if the individual has lived in Italy for at least six of the previous 10 years. Those relocating to the European Union or certain other countries could delay paying the tax until they sell their investments, but they must still pay 50 percent upfront. Critics contend that this proposal is unclear and may deter wealthy individuals and businesses from moving to or staying in Italy, potentially harming the economy. The Italian tax model draws inspiration from France's exit tax but appears more stringent due to its requirement for an initial payment.