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NOTES FROM THE ONORA DESK
Region reads, market notes and the occasional honest opinion. Factual, never advice.

Taxation · 4 June 2026
Registration tax, IMU, the cedolare secca on rental income, capital gains and the (non-property) investor visa for international buyers in Italy. Factual, no advice.
Onora Capital · 3 min read

Taxation · 4 June 2026
Transfer tax, ENFIA, rental-income tax, capital gains and the raised Golden Visa thresholds for international buyers in Greece. Factual, no advice.
Onora Capital · 2 min read

Taxation · 4 June 2026
Notaire fees, taxe foncière, rental-income tax, capital gains and the IFI wealth tax for international buyers in France. Factual, no advice.
Onora Capital · 2 min read

Taxation · 4 June 2026
IMT, IMI, rental-income tax and capital gains for international buyers in Portugal — plus the end of the real-estate Golden Visa route. Factual, no advice.
Onora Capital · 2 min read

Taxation · 4 June 2026
Purchase taxes, annual property tax, rental-income tax and capital gains for international buyers in Spain — plus what changed for residency. Factual, no advice.
Onora Capital · 3 min read
The Onora Letter
The Journal, condensed — off-market notes and region reads, every other Friday.
Taxation · 5 May 2026
Foreign real estate falls under box 3 for Dutch residents. The Supreme Court ruling of 18 July 2025 changes the calculation of actual returns. An overview.
Onora Capital Editorial · 3 min read