Residency for pensioners Law 223/2020
This residency is granted to pensioners from European Union countries, Switzerland and other countries identified in ad-hoc Government regulations, who:
- have an annual gross income of at least €50,000.00 euros or movable assets of at least €300,000.00;
- have never previously resided in San Marino.
With regard to pension income, a 6% tax is levied, both in the event of a double taxation treaty between the country of origin and San Marino and in case of a withholding tax applied by the country of origin.
Other major requirements:
a- preliminary contract or promise to purchase buildings or preliminary rental contract;
b- availability of sufficient economic resources, also for family members wishing to transfer residency to the Republic;
c- health care insurance.
The application for residency is examined within 60 days of submission.
Application fee € 1,000.00.
The maximum annual number of residencies that can be granted is 500.
Residency with preferential tax treatment - Law 223/2020
Residency with preferential tax regime is granted to foreigners who:
- have never been tax residents in the Republic of San Marino and
- produce income abroad.
With regard to income produced abroad, a 7% tax (net of withholding tax paid) is levied, with a minimum amount of 10,000.00 euros and a maximum of 100,000.00 euros for each tax year of residency.
Other major requirements:
a- preliminary contract or promise to purchase buildings or preliminary rental contract;
b- availability of sufficient economic resources, also for family members wishing to transfer residency to the Republic;
c- health care insurance.
The application for residency is examined within 60 days of submission.
Application fee € 1,000.00
The maximum annual number of residencies that can be granted is 100.