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Old 31.05.2019, 16:56
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Banks that provide Mortgage for Italian property

Hi,


This question has been asked and answered a few times on this forum but always in relation to French or German property.


Does anyone have any experience with getting mortgage for real estate in Italy while living / earning money and declaring income in Switzerland?


I have tried to approach some Italian banks directly but they all refuse saying I need to be either Italian Citizen (Not just resident) or/and produce income in Italy.


In one chat a nice Italian lady told me that that seems to be general rule to all Italian banks and while some might close one eye and sign a mortgage (especially if broker is involved with private contacts), it is nevertheless strictly speaking illegal and this is dangerous for both lender and credit taker.



Thanks
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