I've started to read up on taxes. It seems that if you live in Italy up to something like 186 days a year, you are not a resident, and you do not owe taxes on your world-wide income.
However, I've also read that as a non-resident you pay more taxes on your property in Italy.
My situation is that I would be buying a small, inexpensive (up to 60k euro) in the south, so I'm thinking the property tax would not be so high.
So my questions are: How are the property value assessments carried out? Do they inflate the price? Are there more taxes also at the time of purchase (I mean a difference between resident/Italian citizen and foreigner.)
I would love to hear about how others did this type of calculation on the different tradeoffs.
thanks so much.