
Key information at a glance
Retiring in Italy offers more than just stunning landscapes and world-famous history—it’s a chance to embrace a lifestyle rich in culture, community, and everyday pleasures. From coastal escapes to charming countryside villages, Italy provides the perfect balance of relaxation, adventure, and opportunity for those looking to retire in Europe.
To make your planning easier, we’ve outlined key information about retiring in Italy. Explore the table below for an overview of essential topics. For more detailed information, check out our article Step By Step Guide to Retiring in Italy.
While Italy may be small, its regions are incredibly diverse, and the information provided reflects only general averages. We recommend seeking expert advice to find the perfect location that aligns with your lifestyle, needs, and budget.
Topic
Key details
Cost of living
Varying largely from North to South.
Average monthly cost (excluding housing) for a single individual: ∼€870
Tax benefits
7% flat tax on foreign income for eligible retirees, lasting for 10 years.
Only available in Southern Regions and in towns with less than 20,000 inhabitants, plus in some Central Regions affected by past earthquakes.
Immigration
EU citizens: no visa required
Non-EU citizens:
Elective Residency Visa (ERV): Requires a minimum income to support yourself independently, without relying on the Italian social system.
Golden Visa: Available but not via real estate investment.
Path to permanent residency
5 years (with additional criteria)
Path to citizenship
10 years (with additional criteria)
Healthcare
High quality, albeit with regional differences.
Possibility to take advantage of the public healthcare system for a fee, and/ or to get access to private healthcare via insurance.
Lifestyle
Stunning diversity, balanced pace of life, community, rich history and culture, world-class cuisine and wine.
Real estate
Average monthly cost for one-bedroom in the centre: ∼€750
Average property price in city centre: ∼€8,750 (Milan), ∼6,700 (Rome), and considerably less in smaller cities
Popular locations
Tuscany, Veneto, Puglia, Milan, Rome
Learn more in our article Retiring in Italy: A Region-by-Region Guide for Expats