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Italy is Giving Away 1 Euro Houses
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Italy now has this amazing deal where you can purchase a home from a private seller for just 1 Euro. They say: If it sounds too good to be true, it usually is.

While thousands of houses are available for sale for just 1 Euro, you have to renovate the place within a certain time frame.

Non EU residents can qualify for this deal assuming that their country allows Italian citizens to purchase real estate.

Luckily, EU citizens do not need to open a company or get a residence permit to purchase and own real estate in Italy.

If you’re from outside the EU and wish to migrate to Italy, you have several options available, including Italy’s residency by company formation option, which is the program that Nomad Elite focuses on.

Italy is world famous for it’s 5-star dining culture, dolce vita lifestyle, high etiquette, and beautiful sceneries.

Foreigner moving to Italy typically choose Rome, Sicily, Sardinia, and Tuscany.

0:00 Start
0:05 Intro
0:40 Why So Cheap?
1:10 Renovation is Mandatory
2:10 Notary Fees and Taxes
2:40 The Conditions
3:40 Non EU Citizens
5:19 US/Canada Citizens
6:38 Residence Options
7:08 Quality of Life

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5 Comments

  1. Sounds like you would have to invest 250k just for residency alone on top of the cost of the house. Maybe I misunderstood.

  2. LOVE their reciprocity! BRAVO to the Italian government. Some famous expats, such as the author Gore Vidal, really liked it there. He had a house. I think he died there. He was a relative of JFK.

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