If you're thinking about moving to Italy from the US, you're not alone. Thousands of Americans are choosing Italy for its better quality of life, lower living costs, stunning landscapes, and rich cultural experiences. And yes—buying a home in Italy as a US citizen is not only possible, it's often more affordable than you might think. You can even finance it with an Italian mortgage, even if you're not an Italian resident. Here's everything you need to know.
Why Americans Are Moving to Italy
Life in Italy offers a refreshing alternative to the fast pace and high cost of life in the US. Whether you're retiring, working remotely, or seeking a new adventure, Italy has something for everyone.
Top reasons Americans are moving to Italy:
- Better work-life balance and slower pace
- More affordable healthcare and housing
- Lower cost of living compared to major US cities
- High quality food, culture, and public infrastructure
- Strong sense of community
Where to Live in Italy?
Popular regions for American expats include:
- Tuscany: For timeless countryside, art cities, and scenic vineyards
- Puglia: Affordable coastal living with traditional charm
- Umbria & Le Marche: Quiet, green regions perfect for retirees
- Rome or Florence: Great for city lovers and digital nomads
- Sicily: For sun, history, and unbeatable prices
Can US Citizens Buy Property in Italy?
Yes—absolutely. There are no restrictions preventing Americans from buying property in Italy. You do not need to be a resident or hold a visa to purchase a home.
What you do need is a Codice Fiscale (Italian tax code), which is easy to obtain.
Can You Get a Mortgage in Italy as an American?
Yes, you can. Italian banks offer mortgages to US citizens, even if you are not an Italian resident.
Mortgage details:
- Up to 60–70% financing of the property value
- Fixed or variable rates available
- Terms range from 10 to 25 years
- Required documents: Passport, proof of income, US tax returns, bank statements
Steps to Buy a Home in Italy
1. Find Your Dream Property:
Work with a trusted agent in the region you're targeting.
2. Sign a Preliminary Agreement (Compromesso):
This contract secures the sale with a 10–30% deposit.
3. Apply for a Mortgage:
Get a pre-assessment, then compare offers from more than one bank.
4. Sign the Final Deed (Rogito):
A notary formalizes the purchase, and the home is legally yours.
What Are the Additional Costs?
Beyond the purchase price, budget around 7–10% in additional costs:
- Purchase taxes (2–9%, depending on property type and residency status)
- Notary fees
- Legal and translation services
- Real estate agent commissions
Do You Need a Visa to Move to Italy from the US?
Yes—if you're staying longer than 90 days, you'll need a visa. Common options include:
- Elective Residency Visa: Ideal for retirees with passive income
- Work Visa or Digital Nomad Visa (coming soon)
- Student Visa or Investor Visa
Buying property does not grant residency, but owning a home may support your visa application.
