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As part of its 2027 budget, the Italian government is considering cutting the tax rate on long-term rentals under agreed-rent contracts from 10% to 5%. Officials hope the incentive will encourage property owners to return vacant homes and holiday lets to the traditional long-term rental market.
Greek Migration Minister Thanos Plevris warned that any attempt to circumvent the minimum investment threshold or the ban on short-term rentals would result in the immediate revocation of residence permits.
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