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Old 20.10.2020, 18:08
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Mortgage / Italy for non-residents

Hi all

I am interested in buying an apartment in Italy, Alto Adige/Suedtirol region. I need to find a bank that offers mortgages for non-residents.

So far I have identified local Raiffeisen branch who offer this quite easily, but their rates are very unimpressive. They seem however to have a very relaxed vetting approach in that they pretty much immediately offer 60% as a loan without looking too much at you unless the place looks reasonably priced.

Heard Intesa finance non-residents. Rates good, 20 years at 0.6/0.7% but lengthy process and bureacratic. Any experience?

Any other ideas?

Thank you
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Old 20.10.2020, 20:51
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Re: Mortgage / Italy for non-residents

Im no expert in this but Italian banks can and do offer mortgages to non Italian residents, though also keep in mind taxes on the purchase are much higher if you're non resident in Italy. I'd also be researching which Italian banks would potentially lend to you
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Old 20.10.2020, 20:57
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Re: Mortgage / Italy for non-residents

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Im no expert in this but Italian banks can and do offer mortgages to non Italian residents, though also keep in mind taxes on the purchase are much higher if you're non resident in Italy. I'd also be researching which Italian banks would potentially lend to you
Well, yeah, that kind of was the question
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Old 20.10.2020, 21:19
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Re: Mortgage / Italy for non-residents

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Well, yeah, that kind of was the question
Ok I was under the impression you were only looking at Swiss banks, sorry! I'm sure there will be lots of Italian banks looking to offer mortgages, perhaps others could give some good suggestions....
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Old 20.10.2020, 21:39
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Re: Mortgage / Italy for non-residents

Yes, I mean Italian banks that offer mortgages to non-residents. Swiss banks won't finance real estate abroad.
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Old 21.10.2020, 11:50
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Re: Mortgage / Italy for non-residents

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Yes, I mean Italian banks that offer mortgages to non-residents. Swiss banks won't finance real estate abroad.
That's not true - I recently purchased my second UK-property with a Swiss mortgage. It really depends on the bank - some are more flexible.
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