Under Italian law all those who are interested – therefore including foreigners (individuals and legal entities) residing or even not residing in Italy – have the right to open a bank account with an Italian bank. Foreigners residing in Italy can open a bank account just like Italian citizens residing in the territory. Foreigners not residing in the country can only open a “non-resident account” (“conto non residenti” or “conto estero”). Foreigners can open a bank account in Italy by
Read more →Marriages between Italians and foreigners contracted abroad have immediate validity and relevance in the Italian juridical system. According to national laws, they must be transcribed in the Registers of Civil Status of the Italian Municipality of interest (Office of transcription of weddings celebrated abroad). At least one of the spouses must be an Italian citizen and reside in the Municipality where the transcription must be registered. Transcription of the act of marriage has certification and publicity purposes. Same-sex marriages or civil unions celebrated abroad,
Read more →In order to buy a house in Italy there are some important steps to follow. Although there is no need to turn to a real estate agent, it is advisable for the parties to sign a preliminary contract with which they mutually agree to sell and purchase a property by signing a deed on a specific date. With the preliminary contract there is no transferring of ownership but only a promise to sell and to purchase in the future. After the preliminary phase, the parties must
Read more →The bank account contract is a real “atypical contract” stipulated under Italian law between the customer and the bank. It is governed by the specific provisions contained in the contract, by the Italian Civil Code, and by Legislative Decree 385/1993. The bank agrees to perform direct/indirect debit/credit operations on the customer’s direct/indirect orders, in exchange for a fee. The account holder can dispose of the sums at his disposition at any time, subject to compliance of the notice period as
Read more →