Composite client: Paul & Anna Moretti, age 57 & 55 at planning. Target residence: qualifying comune in Sicily (7% pensionati regime). Opening assets: ~$2.73M.
All figures are illustrative for a composite client and are not tax advice. Actual results depend on income sources, sequencing of distributions, state of prior residence, portfolio composition, applicable U.S. marginal rates, Italian residency timing, foreign tax credit interactions, and other factors that require a personalized cross-border analysis. Rates shown reflect 2025 U.S. federal rules and Italian replacement-tax regimes available as of this writing. Italy does not have joint returns: each spouse files separately, and the figures shown aggregate household tax for illustration.