Relocation Country Guide: ITALY
Relocation Country Guide: ITALY September 2017 Relocation and International Assignment Trends and Practices Located in the heart of the Mediterranean Sea, Italy shares open land borders with France, Switzerland, Austria, Slovenia, San Marino and Vatican City. The country is renowned for its arts and cultural treasures, as well as beautiful landscapes and world-leading cuisine. It is becoming a more frequent destination for assignees and the high quality of life there, means it is a popular destination for expatriates. Input from Cartus Global Supply Chain and our Destination Services Providers on the ground in Italy points to several key areas of importance to the expat community. Of primary importance is looking for a rental property, finding a school, transportation, language, cultural issues and climate. These areas are all addressed, with best practice recommendations, to help guide relocation managers as they consider policies for their assignees. September 2017 Relocation Country Guide: ITALY RENTAL MARKET As rental properties are not typically viewed as investments, landlords tend not to devote time to maintaining them. Assignees should be made aware of this before a home search trip begins, as the standard of expatriate properties in Italy may be lower than elsewhere in Europe. The types of properties available – in terms of quality, size and price – depend considerably on the area in which the assignee is relocating. In more rural areas, prices may be lower, but so is availability. Whereas, there is more choice in major cities like Rome and Milan, but prices are higher. Although, in general, properties in Rome are of a lower quality than they are in other cities and there are also less fully furnished options in the capital.
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