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- 1Italy lures wealthy Chinese property buyers with flat tax●Italy attracts wealthy Chinese property buyers with food, fashion – and flat tax
Italy is drawing affluent Chinese buyers to its property market, with the country's food, fashion and lifestyle cited as major attractions alongside a flat-tax regime for wealthy foreign residents. The scheme allows high-net-worth newcomers to pay a fixed annual sum on foreign income, making Milan and other luxury markets increasingly appealing to Chinese investors seeking homes and relocation options in Europe.