If you’re looking for the best places to retire in Italy, you are in the right place.
I’m Italian and have journeyed through the picturesque regions of Italy, explored potential retirement spots that this beautiful country has in store, and relied on actual data to make our assessments.
This list is curated to ensure each location is highly recommended and well-reviewed – so all you need to do is peruse through, choose your ideal place to retire in Italy, and get ready for a serene retirement.
Is Italy a Good Place for Retirement for Foreigners?
Dive into the advantages and drawbacks of Italian retirement and explore how affordable la dolce vita can be for expats.
Pros of Retiring in Italy
Understanding the advantages can guide your decision if you’re considering the best places to retire in Italy.
One of Italy’s pride points is its superior healthcare framework, consistently regarded as one of the best worldwide. It promises retirees top-notch medical attention.
According to the World Health Organization (WHO), Italy’s healthcare infrastructure stands out globally. Notably, Italy boasts an impressive ratio of doctors per 1,000 residents, one of the highest such ratios found anywhere in the world.
This ensures that retirees have ample access to well-qualified medical professionals during their stay.
Affordable Cost of Living
Even though living expenses can fluctuate across regions, the overall cost in Italy is usually more wallet-friendly than its European counterparts. Lower cost of living makes Italy’s best regions an enticing prospect for retirees.
World-Class Food and Cuisine
The global appeal of Italian gastronomy is undeniable. With a vast selection ranging from authentic pasta and pizzas to fresh seafood and delectable gelato, retirees are in for a culinary journey.
Italy is synonymous with a laid-back way of life, focusing on unhurried living, recreational pursuits, and savoring life’s little joys. It’s a serene change, especially for those transitioning from hectic professional lives.
Rich Cultural Experience
The country is a treasure trove of ancient landmarks, esteemed museums, and artsy venues. The cultural tapestry of opera, drama, and classical music offers retirees a chance to dive deep into Italy’s storied past and vibrant arts.
The allure of retiring in Italy lies in its blend of commendable health facilities, cost-efficient living, gourmet experiences, tranquil life pace, and a cultural depth that ensures retirees have a fulfilling and diversified life.
Cons of Retiring in Italy
However, just like any other destination, there are hurdles to consider when scouting for the best regions to retire in Italy.
English might be spoken in some areas, but it is only prevalent in some places. Mastering Italian becomes essential, especially if you want to mingle and communicate effectively, which might challenge some.
Related Reading: 23 Best Italian Grammar Books to Master the Language
Dealing with Bureaucracy
The intricate bureaucratic procedures in Italy can be daunting for newcomers. Due to this intricacy, tasks such as securing residency or managing utilities become a prolonged affair.
Higher Tax Rates
The Italian taxation system operates on a tiered mechanism, typically from 23% to 43%. Regional (0.9% to 1.4%) and municipal taxes (0.1% to 0.8%) exist. Compared to nations like the U.S., the Italian tax system leans towards the higher end, potentially affecting retirees’ monetary flexibility.
Limited Resources & High-Priced Luxuries
Italy’s limited resource pool can ramp up prices for imported items. This factor can sometimes mean retirees need to stretch their budget, particularly if they’re accustomed to a more lavish lifestyle.
Is It Affordable to Retire in Italy?
Choosing Italy for retirement is usually cost-effective, although expenses can differ based on the selected region and personal lifestyle. Consider these average figures to shed some light on what retiring in Italy might cost.
In Italy, monthly apartment rent typically falls between €400 ($430 USD) and €800 ($864 USD). This amount can change based on factors such as property size and geographical location.
To give you an example, the monthly cost for fundamental utilities like electricity, heating, cooling, water, and trash collection for a 915 sq. ft. apartment hovers around €190 ($205 USD).
For a stable home internet with 60 Mbps or more speed, unlimited data, and a cable/ADSL link, the average charge is approximately €30 ($32 USD) monthly.
Allotting about €500 ($540 USD) monthly is deemed adequate for daily meals and food essentials.
Italy is celebrated for its top-tier healthcare services. Notably, many Americans can tap into the public health system post-fulfillment of specific visa-related residency stipulations.
The Italian tax system employs a tiered approach, with general rates fluctuating between 23% and 43%. On top of this, there are regional taxes (0.9% to 1.4%) and local taxes (0.1% to 0.8%).
The Bottom Line
With the above breakdown in mind, a retiree planning their finances can anticipate a monthly requirement of €1500 ($1,620 USD) to €2500 ($2,700 USD) for a comfortable life in Italy.
It is crucial to highlight that staying in lesser-known towns or countryside locations can be more economical than residing in major urban centers like Rome, Milan, or Florence.
Next, let’s examine the best regions to consider for retirement in Italy.
1. Retire in Sicily
Set in the heart of the Mediterranean, Sicily captivates retirees with its magnificent landscapes, profound historical background, and cost-effective living conditions.
This island, steeped in heritage from Greek, Roman, Arab, Norman, Spanish, and French dominions, presents a colorful mosaic of cultures.
Benefits of Retiring in Sicily
Affordable Cost of Living
Sicily’s cost of living is considerably more pocket-friendly than many Italian regions. You could estimate monthly expenditures between €1000 ($1,100 USD) to €1400 ($1,500 USD), influenced by individual lifestyle choices.
Rent can fluctuate between €300 ($325 USD) and €800 ($865 USD) monthly, depending on the property’s location and dimensions.
Stunning Natural Beauty
With its alluring beaches, craggy coastlines, and quaint towns, Sicily is a backdrop for various outdoor ventures, from hiking trails to historical expeditions.
Rich History and Culture
The amalgamation of cultures in Sicily echoes in its architectural styles, culinary delights, and unique dialects. Retirees can delve into this enriched past by touring ancient remnants, museums, and heritage sites.
Pleasant Year-Round Weather
The island’s Mediterranean climate assures warm summers and gentle winters, catering to retirees who lean towards sunny and temperate surroundings.
Recommended Reading: 7 UNESCO Sites in Sicily: Unveiling World Heritage Jewels.
Sicily’s Best Places to Retire
Consider these distinctive locales within Sicily for an enriching retirement experience
- Cefalù: A picturesque seaside town acclaimed for its pristine shores, medieval constructs, and panoramic vistas of the Mediterranean.
- Taormina: Elevated on cliffs overlooking the ocean, it’s celebrated for its ancient amphitheater, lush gardens, and awe-inspiring scenery.
- Syracuse: Renowned for its historical Greek and Roman landmarks and exquisite baroque structures.
- Catania: Nestled at the base of Mount Etna, this Italian city presents a balance of urban conveniences and nature’s splendor.
- Palermo: The heart of Sicily, this capital city resonates with historic significance, bustling markets, and a dynamic cultural pulse.
Each of these spots offers a spectrum from cityscapes to countryside, granting retirees a multifaceted experience in Sicily.
2. Retire in Puglia
Nestled in Italy’s southeastern corner, Puglia beckons retirees with its temperate weather, breathtaking shorelines, and budget-friendly lifestyle. It’s a mosaic of quaint towns and cities, each radiating a distinct history, architectural flair, and cultural vibe.
Benefits of Retiring in Puglia
Affordable Cost of Living
In southern Italy, Puglia stands out as a budget-friendly region for retirees. With an average monthly living cost of approximately €1115 ($1,200 USD) for a single individual, Puglia’s expenses lie below the nation’s average.
Renting a city center one-bedroom apartment might cost around €450 ($500 USD) per month. Eating out won’t break the bank either, with a basic meal priced at about €14 ($15 USD) and a three-course dinner for two at roughly €55 ($60 USD).
The region parades an array of landscapes, from sun-kissed beaches and idyllic towns to expansive pastoral scenes.
Rich History and Culture
Puglia’s towns and cities teem with age-old edifices, intricate churches, and classic architectural marvels.
Ideal Weather Conditions
Puglia’s Mediterranean climate palette of balmy summers and gentle winters is tailor-made for retirees who cherish a moderate climate.
Puglia’s Best Places to Retire
For a fulfilling retirement experience, consider these distinct spots within Puglia:
- Bari: As Puglia’s crown jewel, Bari merges urban facilities, heritage landmarks, and a pulsating cultural milieu.
- Polignano a Mare: This cliffside town mesmerizes with its sheer cliffs, transparent aquatic expanses, and nostalgic town center.
- Monopoli: A delightful seaside town, Monopoli captivates with its pristine shores, age-old nucleus, and effervescent ambiance.
- Ostuni: Christened “the White City,” Ostuni’s hilltop perch provides panoramic vistas of the sprawling greens and the shimmering Adriatic.
- Lecce: Termed the “Florence of the South,” Lecce stands out with its Baroque architectural splendors and profound cultural roots.
From vibrant city life to tranquil countryside, these spots in Puglia promise a diverse spectrum of retirement experiences.
3. Retire in Lazio
Centrally positioned in Italy, Lazio emerges as a top contender for retirees, blending impeccable healthcare, abundant cultural treasures, and varied terrains. Anchored by Rome, Italy’s vibrant capital, the region melds urban luxuries with timeless attractions.
Benefits of Retiring in Lazio
Among the global elites in healthcare, Lazio’s system is also commendably accommodating to non-Italian speakers, ensuring retirees are consistently in good hands.
Rich History and Culture
Lazio teems with historic landmarks, museums, and art repositories, making retirement a continual journey of discovery.
Proximity to Rome
Settling in Lazio grants proximity to Rome’s vast offerings – be it international airports, eclectic eateries, shopping galore, or cultural masterpieces.
Lazio paints a varied canvas for retirees, from pastoral havens and serene coastlines to the hustle and bustle of cities.
Lazio’s Best Places to Retire
For a well-rounded retirement experience, these specific locations in Lazio are sure to pique interest:
- Viterbo: Emanating a bygone charm with its intact medieval constructs, Viterbo is an idyllic haven for those chasing tranquility amidst history.
- Anagni: Enriched with tales of the past, this delightful town is a sanctuary for retirees desiring peace and heritage.
- Gaeta: An enchanting seaside town, Gaeta seduces with its azure waters and animated ambiance, perfect for marine enthusiasts.
- Bagnaia: The home of the magnificent Villa Lante, Bagnaia unfurls as a scenic locale adorned with profound cultural narratives.
- Rome: The bustling capital brims with urban comforts, ancient wonders, and a spirited cultural tapestry.
4. Retire in Lombardy
Lombardy beckons retirees in Italy’s northern reaches with its unrivaled blend of cutting-edge culture, stellar healthcare, and awe-inspiring nature. Central to its allure is Milan, the fashion-forward financial fulcrum, teeming with metropolitan perks and a gateway to global destinations.
Benefits of Retiring in Lombardy
Lombardy’s health system, counted among the world’s finest, extends a particularly warm welcome to those unfamiliar with the Italian language. Retirees can rest assured of impeccable medical care.
Dive deep into Lombardy’s treasure trove of cultural marvels. Museums, art spaces, and historic relics promise endless days of exploration and enrichment.
From the majestic sweep of the Alps to the serene expanse of Lakes Como and Garda, Lombardy is a nature lover’s dream. Hike, sail, or stroll through its quaint towns, each a testament to nature’s artistry.
Proximity to Milan
Living in Lombardy means Milan’s cosmopolitan allure — international airports, chic shopping zones, gourmet delights, and cultural hotspots — is just around the corner.
Lombardy’s Best Places to Retire
When contemplating a retirement spot in Lombardy, these destinations merit serious consideration:
- Como: Nestled by Lake Como, this picturesque town weaves a tapestry of historic charm, splendid lake views, and an energetic vibe.
- Bergamo: Often dubbed the “Lombardian Jewel,” Bergamo enchants with its storied past and architectural elegance.
- Brescia: A less-trodden jewel, Brescia mesmerizes with its historical footprint and offers an increasingly rare tranquillity.
- Monza: Promising a harmonious blend of city life comforts and nature’s grace, Monza is a top choice for retirees chasing the best of both worlds.
- Milan: The pulsating heart of Lombardy, Milan melds its historical heft with a bustling cultural milieu.
Recommended Reading: Is Milan worth visiting? Here’s why you definitely should.
Whether one’s inclinations lean toward the vibrancy of city life or the peace of pastoral settings, Lombardy promises a diverse and delightful retirement.
5. Retire in Tuscany
Tuscany, nestling in the heart of Italy, emerges as a top choice for those stepping into the golden age of retirement. This region, a harmonious blend of rustic and urban, beckons with its terracotta-tiled hill towns, verdant countryside, and effervescent cities.
Benefits of Retiring in Tuscany
Rich History and Culture
Tuscany’s vast tableau of historic sites, museums, and art spaces is a veritable feast for the culturally inclined retiree.
Envision retirement amid rolling hills, sprawling vineyards, and storybook towns – Tuscany brings this dream to life.
World-Class Food and Wine
Tuscany celebrates the palate daily, courtesy of its renowned culinary creations and legendary wines.
Varied Lifestyle Choices
From the dynamic pulse of Florence to the tranquil vibes of its hill towns and coastal retreats, Tuscany caters to every retirement dream.
Tuscany’s Best Places to Retire
When mapping out a retirement haven in Tuscany, these locales stand out:
- Florence: Tuscany’s heart and soul, Florence is a tapestry of historic grandeur, architectural brilliance, and cultural dynamism.
- Lucca: Enclosed by imposing walls, Lucca resonates with a tranquil allure, historic charm, and a binding sense of community.
- Pisa: Beyond the shadow of its iconic Leaning Tower, Pisa thrives as a city rich in history and modern comforts.
- San Gimignano: Towering over Tuscany, this hill town, with its medieval skyscrapers, offers panoramic vistas of the Tuscan landscape.
- Siena: A picturesque city with rich history and serene landscapes, perfect for a tranquil retirement.
Recommended Reading: Is Siena worth visiting? Dive into our traveler’s guide.
Whether the preference leans towards the hustle of city squares or the hush of countryside vineyards, Tuscany promises a retirement draped in beauty and steeped in culture.
6. Retire in Emilia-Romagna
Emilia-Romagna beckons retirees in Italy’s northern expanses with its tapestry of urban flair, historical treasures, and pastoral vistas. Anchored in unparalleled living standards, efficient connectivity, and a pantheon of cultural and leisure pursuits, this region embodies Italian sophistication.
Benefits of Retiring in Emilia-Romagna
Quality of Life
Emilia-Romagna epitomizes sophisticated living. Retirees here can expect a high quality of life paired with comfort and elegance. However, this upscale living comes with a price, as the region typically has the cost of living above the Italian average.
Dive deep into the region’s vibrant artistic soul, replete with museums, relics of history, and artistic rendezvous.
Relish the epitomes of Italian gastronomy: the delectable Parmigiano-Reggiano, sumptuous Prosciutto di Parma, and the ambrosial balsamic vinegar, all native to Emilia-Romagna.
Eclectic Living Choices
Whether the pulsating heartbeats of cities like Bologna resonate or the muted rhythms of quaint towns appeal, Emilia-Romagna accommodates every retirement nuance.
Emilia-Romagna’s Best Places to Retire
For those charting their golden years in Emilia-Romagna, these destinations are compelling:
- Bologna: The regional capital, Bologna, is a symphony of vivacity, historical gravitas, and unmatched amenities tailored for retirees.
- Parma: A pinnacle of refinement and cultural vibrancy, Parma also prides itself on its robust connectivity and elevated lifestyle standards.
- Rimini: A siren of the Adriatic coast, Rimini bewitches with its sun-kissed beaches and an effervescent spirit, perfect for those yearning for a coastal retreat.
Recommended Reading: Is Bologna worth visiting? Check out our all-inclusive travel guide!
In Emilia-Romagna, retirement is not merely an age or phase; it’s an experience painted in the richest hues of beauty, culture, and unparalleled living standards.
7. Retire in Abruzzo
In the heart of Italy, Abruzzo unveils a quintessential Italian tapestry for those embarking on their retirement journey. The region, epitome untouched beauty and cultural wealth, promises a genuine and cost-effective Italian sojourn.
Benefits of Retiring in Abruzzo:
Central Italy’s Abruzzo region presents a blend of reasonable costs and a commendable quality of life. With an average monthly expenditure of about €1100 ($1,200 USD) for an individual, Abruzzo’s living costs sit below Italy’s general average. This cost-effectiveness permeates other areas like food and transport as well.
Abruzzo’s canvas is drenched in diverse terrains, from sunlit beaches to towering mountain vistas. It’s an irresistible beckon for those who love nature and outdoor pursuits.
Steeped in history, art, and traditions, Abruzzo invites retirees to meander through its cultural corridors, ensuring an enriching retirement phase.
Beyond its intrinsic charms, Abruzzo prides itself on efficient public transportation channels, with Rome just a breezy train or bus journey away.
Abruzzo’s Best Places to Retire
These locales emerge as frontrunners for retirees charting their golden years in Abruzzo:
- Pescara: This coastal jewel of Abruzzo pulsates with verve, offering retirees a concoction of azure beaches, urban amenities, and a spirited ambiance.
- L’Aquila: A city cloaked in history, L’Aquila’s embrace is both culturally profound and nature-kissed, alluding to a tranquil retirement surrounded by mountains.
- Schiavi di Abruzzo: This tranquil haven, with its rich history and serene aura, caters to retirees whose hearts yearn for tranquility and authenticity.
In summation, for those seeking an undiluted Italian experience during their retirement, Abruzzo emerges as a compelling choice.
With affordability, nature’s bounty, and cultural depth as its allies, regions like Pescara, L’Aquila, and Schiavi di Abruzzo underscore its appeal, each narrating a unique tale of allure and benefits for retirees.
8. Retire in Liguria
Liguria, cradling Italy’s northwestern shoreline, weaves a spellbinding tableau for retirees. A land where coastal wonders dance with cultural tales, it paints every day with the vibrant hues of towns like Genoa, Camogli, and Sanremo, setting the stage for a mesmerizing encore to life.
Benefits of Retiring in Liguria
Kissed by the balmy gulf stream and guarded by majestic mountains, Liguria gifts retirees with gentle winters and sun-drenched summers.
Liguria’s gastronomic orchestra, playing notes of fresh seafood, aromatic pesto, and spirited wines, will surely serenade your senses.
Liguria’s thriving expatriate community ensures you’re in good company, offering camaraderie and guidance.
Diverse Living Options
Whether it’s the pulsating heartbeats of Genoa or the poetic rhythm of towns like Camogli, Liguria has a niche that resonates with every retiree’s dream.
Liguria’s Best Places to Retire
As the curtains rise on your Ligurian retirement, these locales emerge as the lead protagonists:
- Camogli: A haven of serenity, Camogli sketches its story with kaleidoscopic homes, serene shores, and a harbor echoing timeless tales.
- Genoa: This maritime queen regales with tales of yore, vibrant cultural interludes, and the beckoning allure of its historic core.
- Sanremo: Famed for its music festival, Sanremo strikes a chord with its vibrant nightlife, pristine beaches, and charming local enclaves.
9. Retire in Veneto
Veneto, cradled in the northeastern embrace of Italy, paints a dreamlike tableau for retirees, combining cultural treasures, the whisper of nature, and a desirable quality of life.
The region is embroidered with celebrated cities like Venice, Verona, and Vicenza, juxtaposed against quaint towns and breathtaking landscapes.
Benefits of Retiring in Veneto
Veneto’s legacy is etched in its ancient cities, awe-inspiring edifices, and thriving artistic canvas, ensuring retirees are perennially enthralled.
From the Adriatic shores’ golden embrace to the Dolomites’ towering majesty, Veneto beckons those whose souls resonate with nature’s call.
Geographical prowess is another of Veneto’s charms, boasting impeccable transportation links that bridge it effortlessly with Italy’s expanses and Europe’s heart.
Varied Lifestyle Choices
Whether the vivacity of cities like Venice beckons you or the whispered promises of quieter towns, Veneto curates diverse retirement tales.
Veneto’s Best Places to Retire
For those envisioning their sunset years in Veneto, these locations promise enchantment:
- Verona: Enveloped in historical tapestry and romance’s allure, Verona promises retirees a life pulsating with culture, comfort, and charisma.
- Padua: Architectural grandeur, a lively spirit, and an array of cultural jewels make Padua a magnetic destination for retirees.
- Vicenza: A testament to Palladian artistry and community warmth, Vicenza unfolds as an idyllic retreat for those seeking elegance and deep-rooted cultural immersion.
Veneto emerges as a tapestry of experiences, curated exquisitely for retirees seeking Italy’s rich cultural embrace. Among its many gems, Verona, Padua, and Vicenza shine the brightest, each offering a distinctive narrative for those on the cusp of their golden years.
10. Retire in Le Marche
Enveloped in the heart of Italy, the Marche region unfurls as a veritable paradise for retirees, masterfully blending nature’s splendor, historical tapestries, and economic allure. The region is sprinkled with quaint hilltop vistas, enveloped by nature’s canvas and tempting culinary delights.
Benefits of Retiring in Le Marche
Central Italy’s Le Marche region offers cost-effective living, with expenses below the national average. An individual’s monthly cost is approximately €1,150 ($1,240 USD).
Housing, both in terms of purchasing and renting, is affordable. As of June 2023, a central city one-bedroom apartment rents about €460 ($500 USD) monthly.
Whether sun-kissed shores or towering mountains, Marche promises a topographical symphony, beckoning nature enthusiasts and those with an adventurous heartbeat.
The whispers of history, art, and undiluted Italian traditions find their home in Le Marche, curating many enriching experiences for retirees.
Geographically privileged, Marche boasts commendable connectivity, especially with Italian jewels like Rome and Bologna.
Marche’s Best Places to Retire
As retirement dawns on the horizon, these locations in Le Marche extend a welcoming embrace:
- Ancona: The rhythmic pulse of Marche, Ancona juxtaposes urban vivacity, azure beach stretches, and a platter of conveniences tailored for retirees.
- Ascoli Piceno: A mosaic of history and architectural grandeur, this city offers a serene haven for those yearning for tranquil golden years amidst culture.
- Fano: Where history romances the coast, Fano, with its evocative town center and inviting beaches, emerges as a dreamy retiree’s niche.
Marche is a tapestry of genuine Italian charm, presenting an economical yet enriched retirement landscape. Among its jewels, Ancona, Ascoli Piceno, and Fano beckon with distinct narratives and promises ensuring every retiree finds their poetic corner in this Italian masterpiece.
Can’t decide when to visit Italy? Explore our essential weather-centric monthly travel guides.
- Weather in Italy in January
- Weather in Italy in February
- Weather in Italy in March
- Weather in Italy in April
- Weather in Italy in May
- Weather in Italy in June
- Weather in Italy in July
- Weather in Italy in August
- Weather in Italy in September
- Weather in Italy in October
- Weather in Italy in November
- Weather in Italy in December
Retiring to Italy FAQ
What is the best place to retire in Italy?
It depends on what you prioritize. If cost-effectiveness is your primary concern, then Puglia, Abruzzo, and Le Marche are excellent choices known for their affordability.
On the other hand, if you’re seeking locations near popular touristy cities, then Liguria (close to Genoa), Lombardy (home to Milan), Tuscany (near Florence), and Lazio (where Rome is located) are optimal regions to consider for retirement.
Where can I retire in Italy on a budget?
You can retire affordably in Italy by considering regions like Abruzzo, Puglia, and Le Marche. Each of these regions offers a distinct lifestyle coupled with reasonable living costs. If cities are more your style, consider affordable locales like Padova, Turin, Palermo, Bari, or Verona.
In which city in Italy is retirement most affordable?
Cities such as Padova, Turin, Palermo, Bari, and Verona balance affordability and high quality of life, making them ideal for budget-friendly retirement.
In which region in Italy is retirement most affordable?
Regions such as Abruzzo, Puglia, and Le Marche are among the most budget-friendly places in Italy for retirees, boasting tranquil environments and authentic Italian experiences.
How much does it cost to retire in Italy?
Retiring in Italy can vary greatly in cost depending on the region. While areas like Puglia, Abruzzo, and Le Marche are known for their cost-effectiveness, more touristy or metropolitan regions such as Tuscany or Lombardy tend to have higher living expenses.
On average, a single person might expect monthly living expenses to range from €1500 ($1,620 USD) to €2500 ($2,700 USD), though this can fluctuate based on lifestyle choices and specific locations.
What are the best cities in Italy to retire for American expats?
For American expats looking to retire in Italy, the following cities (listed in no particular order) offer a blend of cultural richness, affordability, and a high quality of life.
- Florence (Tuscany): A hub of art, history, and stunning landscapes.
- Milan (Lombardy): A cosmopolitan city renowned for its fashion and design scenes.
- Rome (Lazio): The bustling capital with excellent healthcare for English speakers.
- Palermo (Sicily): Offers a warm climate, vibrant culture, and affordability.
- Genoa (Liguria): Features a rich maritime history and a captivating old town.
- Lecce (Puglia): Known for its Baroque architecture and beautiful beaches.
- Ancona (Le Marche): A coastal city boasting beautiful landscapes and a relaxed vibe.
- Pescara (Abruzzo): Famous for its beaches and affordable living.
For those who prioritize unparalleled coastal beauty and are prepared for a higher cost of living, the Amalfi Coast is certainly one of the best places to retire in Italy, offering a luxury retirement experience that’s hard to match.
Suggested Reading: How To Get Italian Citizenship: How Long Does it Take?
Can Americans retire in Italy?
Certainly! Americans can retire in Italy by obtaining an Elective Residency Visa, often referred to as the Italy Retirement Visa. Here are some of the requirements to consider when submitting your application for an Elective Residency Visa:
- Income Requirements: Applicants need to showcase a self-sustaining income. For a single person, this is a minimum annual income of €31,000; for a married couple, it’s €38,000.
- Age Requirement: Applicants must be at least 18 years old.
- Passport: A valid passport is a necessity.
- Accommodation Proof: Evidence of a place to stay in Italy is essential.
- Health Insurance: Proof of health insurance coverage is required.
Upon acquiring the Elective Residency Visa, retirees should then apply for an Italian Residence Permit once they arrive in Italy. Note that this information is for general knowledge purposes. For a comprehensive understanding and accurate advice on the process, seeking professional legal advice is highly recommended.
For American citizens looking to grasp the intricacies of retiring overseas, the official Travel.State.Gov website is an excellent resource.
Before You Go
Interested in Italy’s most prosperous locations? Find out which Italian urban centers are the pinnacle of wealth. Delve into an Italian native’s view of the nation’s economic landscape.