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Italy's ruling coalition proposes 26% exit tax on rich emigrants

Published

The proposed tax would hit unrealised paper profits of people with assets of €800,000 or more who leave Italy. It would start next year. Wealth advisers warn that the plan risks driving away rich expatriates.

Prime Minister Giorgia Meloni's coalition put forward the plan. The tax would apply to paper profits, which are gains on assets that the owner has not sold.

Wealth advisers said the plan risks driving away rich expatriates.

Key facts

Who
Giorgia Meloni (Italian Prime Minister); Meloni's coalition (proposed the exit tax); wealth advisers (warned the plan risks driving away rich expatriates)
What
Meloni's coalition has proposed a 26 per cent tax on unrealised paper profits for people with assets of €800,000 or more who relocate from Italy, from next year. Wealth advisers have warned the plan risks driving away rich expatriates.
When
3 November 2026
Where
Italy
Status
Reported

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