As a research fellow you will earn a monthly salary of €4,000 before taxes and social security contributions. Under standard tax treatment, the net amount would be about €2,500. However, you are likely to be eligible for some of the tax breaks granted under the provisions of the Italian tax code. For example, if you move your fiscal residence to Italy, you may be entitled to a major reduction of your tax rate for a number of years, which may last longer if you have children or buy a house.
The main reference for these tax breaks is Art. 44 of Decree Law 78/2010. Here you can find more detailed information (only in Italian).
You are also eligible for funding to attend external seminars, workshops and conferences, which typically covers travel and accommodation expenses.
Research fellows also enjoy a number of benefits available to all Bank of Italy employees, including access to the sports centre for you and your family or partner.
