With a fascinating heritage and vibrant culture, Italy has always been popular with visitors. Yet the eurozone’s third biggest economy has just as much to offer global investors.

The opportunities extend across a range of sectors. While there have been some high-profile deals in recent years, such as foreign buyers taking over Serie A soccer clubs, behind the scenes many more investors are beginning to take advantage of the potential.

With a skilled workforce and excellent infrastructure, Italy is particularly strong in manufacturing and pharmaceuticals, and boasts an ever-expanding ecosystem of technology start-ups. Its position as the gateway between Europe, North Africa and the Middle East also makes it a natural hub for logistics. Italy has longstanding advantages in fashion and hospitality. And it offers exceptionally attractive real estate, from lakeside palazzos to prime commercial sites.

In the wake of the pandemic, the government announced the largest package of reforms and public spending in Italian history, setting the scene for growth. What is more, Italy is ranked 8th globally in Kearney's 2021 FDI Confidence Index . With many businesses wanting to attract external investment, deals can be achieved at attractive prices. Many investors have long term goals and are looking beyond any short term political instability.

With offices in Milan and Padua, the team at Withers is well placed to advise funds, family offices and private investors on the kinds of investments available and how to structure them most effectively.

We know the Italian economy intimately, advising a variety of investors as well as privately held and family owned businesses.

For us, it is always a pleasure to share insights into our country and its thriving economy, as we have done in these pages. We hope very much that you will find it a valuable read.