From 2024, the newly enacted regime provides for a new and more restrictive set of rules in order to benefit from the Italian inbound workers regime. In particular, the new inbound workers regime shall apply:
- if the workers have not been tax residents in Italy during the three fiscal years preceding their
transfer to Italy. - The workers commit to remain tax resident in Italy for at least four years.
- If the workers carries out his/her activity in favor of the same person he/she was working for
before moving to Italy, his/her previous stay outside of Italy needs to be equal to six years at
least (or seven if the worker was employed in Italy by such employer). - The work is mostly performed in Italy.
- The workers meet the certain requirements of high qualification or specialization.
The income exemption is equal to 50% (that can be raised to 60% where certain conditions are met) and applies for an annual income up to 600.000 euros.
The new regime lasts only for five years and it will be possible to extend it only for the inbound workersthat have transferred their residence to Italy in 2024 and have acquired a real estate property in Italy during 2023.