Bonus Prima Casa (First Home Benefit)

A tax incentive for buyers purchasing their prima casa (primary residence) in Italy. If eligible, the buyer enjoys reduced purchase taxes: for example, registration tax is 2% instead of 9% (or VAT 4% instead of 10% if buying new from a developer), and fixed low mortgage/cadastral taxes (each €50). To qualify, the home must not be luxury, the buyer must reside (or commit to reside within 18 months) in the municipality of purchase, and the buyer should not own other adequate homes in the same municipality or have used the benefit before. The benefit can be clawed back if the buyer sells within 5 years without buying another primary home within a year .