USE OF FUNDS IN ITALY FOR UKRAINIANS WHO GOT TEMPORARY PROTECTION DURING THE WAR

Since the full-scale war in Ukraine, a sufficient number of people have chosen Italy as a country for temporary residence. After submitting the necessary forms and applications for obtaining temporary protection, people received legal status for legal residence, but this status does not provide for the free movement of non-cash funds.

This is due to the fact that, according to local legislation and the rules of social protection of citizens of Ukraine in Italy, material support for the latter is received in cash by the relevant postal service.

Thus, for the unhindered use of their own funds, people are faced with opening a bank account. However, the presence of the legal status of residence in the country does not give a direct basis for the possibility of opening an account with an Italian bank.

To open your own bank account in Italy, a person, in addition to standard conditions and procedures, needs to pay attention to the following documents, namely:

1. Carta d’identità
2. Permesso
3. Codice fiscale

Let's consider them in more detail:

• Carta d’identità – identity card in italy.

As a general rule, the validity of an identity card in Italy is 10 years. As for foreigners, they receive an appropriate certificate for the period stipulated by the basis of their stay. For Ukrainians, the specified period will be extended in accordance with the events that will unfold in Ukraine.

• Рermesso –it is a permit granting the right to reside in Italy for the fulfillment of the purposes for which it was issued.

The advantages of this document include the right to work, including doing business, the right to education, health insurance and the possibility of obtaining further permanent residence in the country with the prospect of obtaining citizenship.

• Сodice fiscale –tax number.

This is an analogue of the registration number of the taxpayer's account card in Ukraine. For this document, a person must apply to the relevant territorial authority in Italy, but after obtaining the necessary residence permit. Separately, we draw your attention to the fact that the legislation also provides for the option of obtaining the corresponding number at the Italian consulate of the country where the person is located, but in this case you will receive a tax number in paper form, which is not suitable for further opening a bank account.

Thus, the legislation provides for a clear list of necessary documents that should be obtained to open a bank account in Italy. And their successful and fastest receipt and further opening of a bank account will be provided to you by our specialists of Law Firm "Prikhodko and Partners".