Foreign nationals enjoy the right to acquire real estate in Italy, mirroring the reciprocal rights granted to Italian citizens in their respective countries. This includes the purchase of residential properties, commercial spaces, and land, regardless of residency status. A concrete example would be a Canadian citizen purchasing a vacation villa in Tuscany or a Japanese investor acquiring an office building in Milan.
Facilitating international investment and fostering cultural exchange, this open policy strengthens Italy’s economic ties with other nations. Historically, Italy has welcomed foreign investment, recognizing its contribution to the preservation of historic properties and the revitalization of local economies. This policy offers significant benefits for individuals seeking a second home, retirement destination, or investment opportunity within the Italian market.