🇮🇹Buying Dubai Property from Italy

Italian nationals can freely purchase freehold property in Dubai's designated zones with no restrictions. No Italian government approval is needed for overseas real estate investment. There are no foreign exchange controls within the EU/Italy for outward transfers. Italian tax residents must report foreign property holdings under Monitoraggio Fiscale by completing the RW section of the annual tax return (Modello Redditi), disclosing the property value and any related financial assets.