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Atypical Residence under Preferential Tax Regime

San MarinoLiving from your own income

Explore the five recorded questions, answers and sources for this pathway.

Programme source

Is this aimed at retirees, pensioners, financially independent people, passive-income holders or another profile?

Natural persons, not falling under the exclusions of Art. 17(1)-(2), who have never been fiscally resident in San Marino or had not yet consolidated their registered residence there when the article entered into force, and who produce income abroad.

See recorded sources
  • Recorded source · www.consigliograndeegenerale.sm
    La residenza atipica soggetta a regime fiscale agevolato è concessa alle persone fisiche che, non incorrendo nelle fattispecie di cui all’articolo 17 commi 1 e 2, soddisfino le seguenti condizioni:
  • Recorded source · www.consigliograndeegenerale.sm
    a) non siano mai state fiscalmente residenti nella Repubblica di San Marino oppure non abbiano, alla data di entrata in vigore del presente articolo, ancora consolidato la propria residenza anagrafica nel territorio sammarinese, desumibile dalla documentazione richiesta ai competenti Uffici della Repubblica di San Marino e precisamente Ufficio Tributario e Ufficio di Stato Civile;
  • Recorded source · www.consigliograndeegenerale.sm
    b) produrre redditi all’estero.

Which types of income/assets are accepted according to the official source?

The qualifying money is foreign-sourced income generally ('redditi prodotti all'estero') taxed at a substitute rate on the 'netto frontiera' (net cross-border amount as defined by Art. 13(3) of Law 166/2013); the source does not restrict this to any single income type (pension, investment, employment, etc.), only that it must be produced abroad.

See recorded sources
  • Art. 16-ter(2)
    Relativamente ai redditi prodotti all’estero è dovuta un’imposta sostitutiva dell’imposta generale sui redditi delle persone fisiche pari al 7% sul “netto frontiera” così come definito dall’articolo 13, comma 3 della Legge n. 166/2013

What income, savings or financial-resources threshold applies and how does family affect it where officially specified?

The checked official sources did not provide enough route-specific evidence to confirm the income or savings threshold and the family uplift.

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Limits of the record
  • This detail is not established in the evidence recorded here. Confirm the applicable requirement with the responsible authority.

Can the holder work locally, run a business or perform other economic activity? What is the family position?

Until the residence is consolidated, the holder and secondary applicants may not take up any dependent employment in the Broadened Public Sector or in entities participated in by the Eccellentissima Camera, have no right to residence-linked public benefits or to the contribution of Law no. 44 of 31 March 2015, and must bear the full cost of healthcare as set by the Social Security Institute. The applicant may apply to extend the residence to the persons listed in Art. 16(3-bis) who meet the legal requirements. The official source does not state whether the holder may work in the private sector or run a business.

See recorded sources
Limits of the record
  • Whether the holder may work in the private sector or run a business is not stated.

How long is the status granted, what is required for renewal, what physical-presence obligations matter, and what longer-term residence direction exists?

The favourable tax regime is revocable and in any case ceases fifteen years after the first tax period of validity; its effects cease if the substitute tax is not paid in full. Revocation or forfeiture bars a new application and extends to family members. Up to 100 such residences may be granted per year, modifiable annually by delegated decree. Ten years after registration in the resident-population register the residence is consolidated, the article's restrictions (except para 8) cease and the general residence rules apply. The official source does not state physical-presence obligations.

See recorded sources
Limits of the record
  • No physical-presence obligation is stated in Art. 16-ter.
  • Recorded source · www.consigliograndeegenerale.sm
    Il regime fiscale agevolato di cui al presente articolo è revocabile e comunque cessa di produrre effetti decorsi quindici anni dal primo periodo d’imposta di validità. Gli effetti del regime fiscale agevolato cessano in ogni caso in ipotesi di omesso o parziale versamento, in tutto o in parte, dell’imposta sostitutiva di cui al comma 2 nella misura e nei termini previsti dalle vigenti disposizioni di legge.
  • Recorded source · www.consigliograndeegenerale.sm
    La revoca o la decadenza dal regime precludono l’esercizio di una nuova richiesta di residenza atipica.
  • Recorded source · www.consigliograndeegenerale.sm
    La revoca o la decadenza dal regime fiscale agevolato del soggetto richiedente si estendono anche ai familiari.
  • Recorded source · www.consigliograndeegenerale.sm
    13. Può essere concesso un numero massimo di residenze, ai sensi del presente articolo, pari a n. 100 all’anno, non computando in tale numero i soggetti di cui al comma 6 e i soggetti, con residenza non ancora consolidata, che intendano aderire al regime fiscale agevolato. Tale numero è modificabile ogni anno con decreto delegato.
  • Recorded source · www.consigliograndeegenerale.sm
    14. Trascorsi dieci anni dall’iscrizione nel registro della popolazione residente, la residenza atipica si intende consolidata e pertanto cessano i divieti, obblighi e vincoli previsti dal presente articolo, ad esclusione del precedente comma 8, per lo straniero e per i soggetti di cui al comma 6 e si applicano le norme generali in materia di residenza, nonché le disposizioni di cui ai commi 3 bis, 3 ter e 3 quater dell’articolo 16.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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