Legal Assistance in Luxury Law
Our team specifically focused on Luxury Law transactions in Italy.
Property and Yacht purchase and sale are the most frequent transactions that we deal with.
We offer a high level of experience with both residential and commercial matters. Luxury Law in ITALY involves contracts, acquisitions, constructions and litigation. Our yacht team handles purchase and sale agreements, and helps clients to negotiate and draft advantageous contracts.
Our legal team has over twenty years of experience in assisting clients in all aspects of Luxury Law and in the purchase of luxury properties in Italy. We leverage our experience and in-depth knowledge of the Italian tax system to assist our clients in structuring their investment in the most advantageous way possible.
An Italian lawyer specialized in Luxury Law and real estate law assists the client in choosing the best investment and proceeds with a preliminary tax planning and due diligence assessment.
Many foreign buyers sign the first purchase offer of a Luxury property without any legal control. This exposes the buyer to great risks. Any purchase transaction must be preceded by rigorous checks and verifications.
Key elements of purchasing a Yacht or a luxury property in Italy
The first thing to check is whether the luxury per operty falls within the parameters set by Italian tax legislation as a luxury property.
The second element is to decide whether the buyer should be a natural or legal person. There are advantages and disadvantages to both that vary depending on how you want to use your property.
Advantages of a freehold property purchased by legal entity:
allow more tax deduction options
provide more privacy
they represent a liability shield against the rest of your wealth
make re-transferring ownership of the property simpler, cheaper and faster as the legal entity itself can simply be transferred
make it possible to “move” property to a different jurisdiction with lower inheritance taxation
International currency exchange planning
Before investing in purchasing an Italian luxury property abroad, you should consider opening a currency exchange account. There are numerous brokers who offer this service. Discover the best offer. Otherwise, using a regular local bank to transfer funds typically incurs additional costs.
Luxury Legal Assistance: 0039 (0)6 3208106
email: studiolegalesantini@hotmail.com
Via Marianna Dionigi 57 (00193 Roma – IT)
