Europe · Microstates
San Marino
The overlooked microstate: a 7% flat tax on foreign income capped at EUR 100,000 a year, inside Italy's borders but outside its tax net — with an EU association agreement in the wings.
Tax position
- Income tax (top)
- IGR (Imposta Generale sui Redditi) is progressive for individuals, topping out around 35%
- Capital gains
- generally taxed under the IGR; specific regimes apply to financial income
- Wealth tax
- none
- Inheritance tax
- no inheritance tax in the direct line
- Special regime
- Residenza atipica: a 7% substitute tax on foreign-source income, with a minimum of EUR 10,000 and a maximum of EUR 100,000 per year
- Territorial
- No — worldwide income taxed
- CFC rules
- No
- Exit tax
- No
- CRS
- Participating
Is San Marino actually right for your family?
We will tell you if it is not. That is the whole service.