POWER OF ATTORNEY

To be your legal representative in Italy it is essential that you sign a Power of Attorney on our behalf. With this Power, we should be able to sign contracts, Deeds and all kind of relevant documentation related to your purchase process. We will draft the Power of Attorney that could be signed, at your convenience, either in Italy or through our London office. If you live in the U.K. or Ireland, our London/Dublin offices we will be able to make the necessary arrangements for you to obtain the Power at the closest Notary’s office to your home; this would include the subsequent Apostille of The Hague with which the Power has to be stamped to be valid in Italy. We will take care of everything.

ITALIAN BANK ACCOUNT

TAX IDENTITY NUMBER (Codice fiscale)

This is an identification number for use in Italy. If you have dealings within Italy (even if you are not full time or tax resident) you are required to have a number.

This is obtained from the local tax office (Agenzia delle Entrate). However tempting it may be, if you do not obtain a number you will find that it will cause you great inconvenience in the future if you do not have one.

ITALIAN WILL

It is highly advisable that you bear in mind the Italian Inheritance Tax, which is the tax to be paid in “mortis causa” property ownership transfers, and to be aware of the ways of mitigating its effects. In that sense, you have the chance of signing a Will over for your new property in Italy. This Will could even be signed in the UK and be valid in Italy. The Will can be dealt with in the U.K and Ireland from our London and Dublin offices. We will be able to make the necessary arrangements for you to obtain the Will at the closest British Notary’s office to your home; this would include the subsequent stamp of the “Apostille of The Hague” for it to be valid in Italy. We will take care of the whole process.