Why we SHOULD be investing in Italy!

THE CONTINUING CRISIS IN ITALY MIGHT BE AN OPPORTUNITY FOR INVESTORS, WHO ARE BOLD ENOUGH, TO INVEST SOME (NOT ALL) OF THEIR CAPITAL BACK INTO THE COUNTRY RIGHT NOW!

Le Tour de Finance (Italy) 2013. Your last chance to register!

The Tour de Finance 2013 will soon be rolling into Bagni di Lucca and Umbertide on the 26th and 27th September respectively.

We can still reserve your place at the event if you contact us at infol@spectrum-ifa.com.  Bookings can be taken no later than Tuesday 24th September.

If you are interested in Tax Residency, then you might be interested in hearing Judith Ruddock from Studio Gaizo Picchioni.

Her topic will be:

Tax Residency- How to know if you are tax resident in Italy, or not, and the consequences, in either case. And a little bit of practical advice on what do to about it either way.

If you would like more details on events and times you can check out the Tour de Finance blog post.

Lighter penalties for failing to report foreign assets correctly.

Well, after my last blog post about the fiscal monitoring which is to now take place to a much greater degree regarding assets and money held in Italy and abroad there is some good news for a change.

Guardia di Finanza, are you on the radar?

For those of you who were not made aware, or those of you who had the unfortunate shock to learn that on last year’s tax return you would have to declare all average daily account balances on foreign current/savings accounts, foreign current account transactions between foreign/Italian banks and foreign/foreign accounts, and also the movements of money between investment accounts and investment/bank accounts on balances over 5000 EUR, you will be pleased to hear that in line with an EU Law this has now been overturned and you no longer have to supply the information about the movements of your capital on your annual RW.

Yippee, I hear you shout! 

But hang on for a second.  What the Guardia di Finanza gives with one hand they take with the other. 

As of 6^th August 2013, fiscal monitoring of transactions into and out of Italy, BUT also financial transactions taking place from one foreign account to another foreign account for Italian tax residents, will be raised to a whole new level. 

British Corner Shop and Le Tour de Finance Italy 2013

The Britishcornershop.co.uk (The supermarket for expats)  have been supporting the Tour de Finance in France for a number of years and today they agreed to support the Italy events 2013.  They are offering a £100 voucher for each event and each participant will be offered the opportunity to win the raffle prize and stock up on their favourite chocolates, buns and drinks.

The events will be held in Bagni di Lucca on the 26th September 2013 and Umbertide, 27th September.

For more information you can see my previous blog post at

Tour de Finance (Italy)

If you are interested in coming along to the event to hear what the speakers have to say, you can contact us at info@spectrum.ifa.com or on 3336492356.

We hope to see you there.

LE TOUR DE FINANCE IS COMING TO ITALY. September 26/27th 2013

Following the success of Le Tour de Finance in France, The Spectrum IFA Group, in collaboration with Currencies Direct, is proud to announce that Le Tour de Finance for expats will be arriving in Italy.  

On the 26th and 27th September 2013 Le Tour de Finance will be making its first appearances at the Circolo dei Forestieri,  Bagni di Lucca and Ristorante Pomerancio, Umbertide, respectively. 

Le Tour de Finance brings professional experts in expat finance, in Italy, closer to you.  

The following professionals will be speaking on the day: 

Currencies Direct 
Talking about how to save money on currency transfers and making the transfer process easier.

Studio Gaizo Picchioni, Cross border specialist commercialisti, Judith Ruddock 
Discussing the latest changes in tax reporting and how it may affect you, and how to ensure that as a resident in Italy, you are 'IN REGOLA'. 

The Spectrum IFA Group, Italy: Gareth Horsfall and Michael Lodhi (Group Chairman)

Why financial planning for expats in Italy is important to avoid pitfalls and traps that you may not otherwise know about, or see. 

QROPS.  How UK pension holders can benefit from transferring their fund to a recognised overseas pension scheme.

Studio Legale Metta, Nick Metta
The legal and administrative issues faced when making an Italian or foreign will, for an Italian property and foreign owned assets.

Jupiter Asset Management, Rob Walker
Talking about the state of the world financial markets, economies and current government policies, how this may affect us all in the near future and how we can protect ourselves from the negative impacts of these decisions.

The events will commence at 10.30 and finish at 14.00 with welcome caffe and snacks on arrival, followed by brief presentations, a FREE buffet lunch and then time to ask questions of the experts and meet other like minded individuals. 

Register for this FREE event by sending an email to info@spectrum-ifa.com or calling +39 3336492356

Register now at info@spectrum-ifa.com to book your place.  

LIMITED AVAILABILITY.

Spectrum IFA Group Investment Sub Committee Quarterly comments

At the Spectrum IFA group we can help you to make investment decisions if  you are unsure how to invest your own money in today's volatile investment world.