🇮🇹 Home country and destination
Retire in Italy, priced from your own plan
Italy is the flagship move in Runway, the planner's first destination pack: a flat 26 percent on investment gains, a flat stamp duty instead of a real wealth tax, and pension income taxed on Italy's progressive scale with the INPS detrazione modelled.
What Runway models in Italy
- A flat 26 percent imposta sostitutiva on realised gains, simple to plan around
- The 0.2 percent imposta di bollo on financial assets, modelled yearly (Italy's closest thing to a wealth tax on portfolios)
- Residential rent at the 21 percent cedolare secca flat election
- Pension income on the progressive scale with the pension detrazione (its no-tax area) modelled
| Tax area | What Runway applies (2026) |
|---|---|
| Investment gains | 26% flat (imposta sostitutiva) |
| Rental income | 21% flat (cedolare secca) |
| Wealth tax | 0.2% on financial assets (imposta di bollo) |
| Leaving home | Any exit tax your home country charges, priced into the move |
The move itself is part of the price
A move to Italy is never just Italy's tax rules. Leaving a country that charges an exit tax, Norway among them, can trigger a bill on unrealised gains as if you sold on the way out, and Runway prices that into the plan before a single EUR of spending is modelled. The mechanics are in what an exit tax costs when you leave, and the wider tooling question in which FIRE calculators handle a move abroad.
Once you are there, your spending runs in EUR through an exchange-rate scenario you control, so a weak krone decade is a plan you can stress, not a surprise.
Price the whole move, not the postcard
Runway prices a retirement in Italy end to end from your own plan: any exit tax on the way out, Italy's taxes on the drawdown, and your spending in local currency. Your freedom age is free.
Download free on the App StoreFrequently asked
What tax does Runway assume on investment gains in Italy?
Runway applies Italy's flat 26 percent imposta sostitutiva to realised investment gains, a 21 percent cedolare secca to residential rent, and the 0.2 percent imposta di bollo to financial assets each year. The figures are 2026, income-year-stamped, and refreshed as rules change.
Do I still pay an exit tax if I retire to Italy?
It depends where you leave from. Norway charges utflyttingsskatt on unrealised gains and several other home countries charge an exit tax of their own. Runway prices whichever one applies to you into every plan that retires to Italy, as a cost of the move, before the destination's own rules take over on the drawdown.
Is Italy's PIR account modelled?
Yes. The PIR wrapper is modelled through the investment-tax hook: hold it five years and its gains come out exempt. The fondo-pensione substitute-rate detail is a documented simplification in the pack's manifest.
Figures are 2026, income-year-stamped estimates from the Runway country pack for Italy, produced by the same engine the app runs. They are educational estimates, not financial or tax advice: rules change, and personal cases differ. See the full country list.