Italy’s ‘exit tax’ plan spooks rich expats — Live Feedhttps://www.live-feeds.com/feed/italy-s-exit-tax-plan-spooks-rich-expatsContinuously updated, source-cited coverage. Italy's Proposed Exit Tax Spooks Wealthy Expatshttps://www.live-feeds.com/feed/italy-s-exit-tax-plan-spooks-rich-expatshttps://www.live-feeds.com/feed/italy-s-exit-tax-plan-spooks-rich-expats#u184488Sat, 07 Nov 2026 15:16:17 +0000Italy's draft budget proposes a 26 percent exit tax on paper profits for expatriates holding assets exceeding 800,000 euros. The move has rattled affluent residents and sparked a surge of calls to advisory firms in Milan. Prime Minister Giorgia Meloni's administration faces intense scrutiny as wealthy expats consider relocating in response to the surprise financial policy. Advisory offices report immediate concern among foreign elites who previously moved to the country under favorable tax regimes.Why it mattersItaly previously attracted wealthy global elites by offering low tax rate