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THIS MONTH News & Views

EMAIL US WITH YOUR QUESTIONS: italia@anthem.co.uk, or write to us at our usual address on page 6.

ASK OUR LEGAL EXPERT…

QWe are non-resident homeowners in Italy and wanted to ask about opening an Italian bank account. Firstly, is it possible if you are a not an Italian national? If so, what are the restrictions, if any? And is it advisable to do so in our situation? What documentation do you need to open one?

AIt is generally advisable to open a bank account in Italy if you own a property there, even if you are not an Italian resident. A current account would be particularly useful to pay utility bills, local service and goods providers, and council taxes. Although generally more expensive than UK current accounts, Italian bank accounts could help minimise bank charges and/or costs associated with the fl uctuation of the exchange rates to which you would be subject to if managing these costs by operating a UK bank account.

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Find the complete article and many more in this issue of Italia! - Explore Trieste (March 2020)
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About Italia!

We have a sparkling line-up of absorbing features for you to enjoy this month. We start in Trieste, a city whose remote location is no hindrance to its elegant aspect and rich cultural history. Moving west, we head to Venice, which despite the exceptional acqua alta last November is most assuredly ‘open for business’. The silk mills of Como are our next stop, to discover the proud manufacturing traditions of this luxurious and ethereal fabric. You’ll also enjoy sustainable hospitality at Borgo Pignano in the Tuscan heartland and take a gentle hike around medieval Orvieto too.