Hi, We are looking to buy a property in Italy

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02/16/2020 - 22:39

Hi, We are looking to buy a property in Italy using our Self Managed Super Fund. An SMSF is unique to Australia I believe but it is your retirement funds that we have put into our account managed account. 

It is very complicated and I am wondering if anyone else has experience in using their retirement funds to buy a house prior to retirement age. 

Thank you

Laura 

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In order to be able to provide finance, in Italy, foreign banks and financial institutions must be registered with the Bank of Italy and have an active commercial structure in Italy - in the absence of these two prerogatives - they cannot operate in Italy