About this episode

The episode discusses the financial and logistical aspects of moving to Italy as a US expat and raising a family there.

What does it actually cost — financially and logistically — to move to Italy as a US expat and raise a family there? In this episode of Passport to Wealth, financial planner Arielle Tucker, CFP®, EA sits down with Danielle Shumway, founder of Ciao Family Travel, to break down the real numbers: Italy's Rientro dei Cervelli tax incentive, US expat tax obligations, Italian healthcare and schools, and the $25K mistake that comes from not filing US tax returns abroad. Danielle Shumway moved to Italy in 2015 with her Italian husband, an 18-month-old, and a four-month-old. The original plan was five years: take advantage of Italy's Rientro dei Cervelli tax incentive, let the kids grow up bilingual, stay near family, and return to the US. A decade later, she has four children, Italian citizenship, and a family travel business called Ciao Family Travel — and she is still in Italy. In this episode, Arielle Tucker, CFP®, EA sits down with Danielle to cover the financial and logistical realities of raising a family in Italy as a US citizen. The conversation covers what the Italian tax incentive actually offers, why Danielle's husband stopped his US citizenship process the month he was set to…

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