Italy
26% flat capital gains tax in 2025, rising to 33% in 2026. €2,000 annual exemption being removed. Government originally planned 42% but backed down. Alternative 18% portfolio tax option available.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Available
Tax Rates
Activity Taxes
Staking
26% (2025); 33% (2026)
Mining
23-43% (progressive income tax)
DeFi
26% (2025); 33% (2026)
NFTs
23-43% for creation; 26%/33% for trading
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
No holding period benefit; flat rate applies to all gains
Regulation & Residency
Regulatory Body
Agenzia delle Entrate (Tax Authority); CONSOB
Residency Requirement
Elective residence visa for retirees; various EU options
Reporting Requirements
Annual tax filing (Modello Redditi); DAC8 from 2026
Citizenship & Residency Path
Elective Residence Visa; flat-tax regime for new residents; EU citizenship after 10 years (4 for EU citizens)
Bitcoin Citizenship Pathway Available
This country has a Bitizenship pathway — acquire citizenship or residency via Bitcoin through bitizenship.com
Notable Conditions
- →Rate increasing from 26% to 33% on January 1, 2026
- →Government wanted 42% but industry pushback forced reduction to 33%
- →€2,000 annual exemption being removed in 2026
- →Alternative: 18% portfolio tax on total crypto value as of Jan 1
- →EU member - MiCA and DAC8 apply
- →Trend is toward HIGHER taxation
Living & Lifestyle
Cost of Living
Moderate
Banking Access
Good
Quality of Life
Very High
Lifestyle Scores