Your problems are compounded
Submitted by modicasa on Tue, 06/30/2015 - 00:58In reply to A newbie all over again! by Annec
Your problems are compounded with the IRS - I would find out first what your situation would be in the US, and whether you can even have your pension paid in Italy. A retiremnet visa would allow you to receive your pension net of US tax and therefore technically have no tax obligation in Italy. However, all this could change and does change frequently. Whether it would make you free from IVIE I dont know - probably not, in which case you would be liable to 1% annually on your worldwide patrimony in ITaly
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modicasa,
Submitted by marieoncapecod on Tue, 06/30/2015 - 16:36In reply to A newbie all over again! by Annec
modicasa,Thanks so much for your post. You bring up some very important points. I'm going to follow up on your suggestions. Wish me luck....Cheers,marieoncapecod
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