13% of mortgages issued in Italy in 2010 was awarded to foreign nationals. The national figure - prepared by Tecnocasa - average 29% of the North-East and 3% of the South and Islands. Decomposing, 8, 6% are Europeans, while the remaining share (4.4%) is distributed among the citizens of Asia, Africa and the Americas.

Tenders
With regard to EU foreign banks' strategies are different. UniCredit created in 2006 "You Agency", an ad hoc structure for foreigners and non-standard employment. At the moment the bouquet includes "You Pink 80" covering up to 80% of property value for loans up to 200 thousand euro, fixed rate and variable. Then there is the "mutual Tu safe option" that allows you to change the rate during the period of depreciation. The spread between 2 and 2.3% on variable rate pegged to the ECB), the higher the start, compared to spreads on loans "Italian" (1.5 to 1%, 8%). Provided access to the alien is staying in Italy for at least three years.

Italian Poste applies spreads ranging from 1, 35% (for purchase / refurbishment / replacement) 1, 95% (variable rate pegged to the ECB). In the case of foreign nationals outside the European Union has requested permission to stay and residence in Italy for at least five years. Same requirement for Banca Sella and Credem. Among the stakes placed by Intesa Sanpaolo customers immigrants is the loan to value: if it exceeds 80% it takes the Joint account to another person in the same household. You must also be resident in Italy, same condition laid down by Banca Mps.

Among the offerings is also distinguished by Veneto Banca "Credit Without Borders" is granted to Romanians working in Italy, but in reference to a property purchased or restructured in Romania. How does it work? Romania's Banca Italo (b. 1980) issued in favor of Veneto Banca a letter of guarantee "equivalent to 100% of the amount paid. Italian Bank of Romania, in turn, is ensured by the provision of mortgage volunteer in Romania by the customer. Spreads counted ranging from 1, 5% (primary residence) to 2.5% (other purpose).

source: ilsole24ore.com