Best Places To Retire Free Report

FREE REPORT: BEST PLACES TO RETIRE






    We Value Your Privacy! We will not share your email address with anyone else, period.

    Milan, Italy

    Milan is a unique city in Europe... unlike any other Old World destination. Capital of the Lombardy region, is the wealthiest city in Italy.

    Learn more about this ​​​and other countries in our free, daily Overseas Opportunity Letter. Simply enter your email address below and we’ll send you our FREE REPORT: The 10 Best Places To Retire In 2024






      We Value Your Privacy! We will not share your email address with anyone else, period.






        We Value Your Privacy! We will not share your email address with anyone else, period.
        Milan Cathedral on sunrise, Italy
        iStock/Xantana

        Milan, Italy: Everything You Need To Know

        Milan, capital of the Lombardy region, is the wealthiest city in Italy. Home to the Italian stock exchange. It is the financial and commercial capital of the country. Also, it’s the third-largest economy in Europe, after Paris and Madrid.

        With a population of 1.4 million in the city center and another 2 million or so in the suburbs, Milan is the second-most populous city in Italy (after Rome). It’s got the fourth largest urban area in the EU, even reaching into Switzerland.

        Modern by European standards, much of the city of Milan was built after the devastation of WWII.

        The historic architecture is a delightful surprise you might find around any corner. In fact, most of the modern construction in the city center takes its inspiration from classical and neoclassical styles.

        Milan is home to soaring glass skyscrapers that defied engineering at the time of their construction…

        Also, Milan is home to the tallest tower in Italy… and to Da Vinci’s Last Supper… And of course, a must-see in Milan is the Duomo—a gothic masterpiece that took nearly six centuries to complete.

        Milan is a comfortable home to both the uber-modern and to the centuries-old… nothing here seems out of place. Blending old and new, this city is perfect for those looking for modern conveniences in Europe, where they can often be lacking.

        The city has a modern transportation system that connects almost all areas of Milan, as well as its airports, with a combination of subway lines, trams, and buses.

        Milan Malpensa Airport is the largest international airport in northern Italy so you can travel around Europe or back home with ease.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

        Start Your New Overseas Life Today

        A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Table Of Contents

          Retirement In Milan, Italy

          Milan has the hustle and bustle of New York—it’s fast-paced, business-minded, international, and chaotic. It’s also jokingly said to be home to more foreigners than locals, much like Manhattan.

          But it’s got the beauty, the respect for culture and history, and the appreciation for fine things that Paris has. With centuries-old architecture, world-class works of art, and the decorum that’s typical of Europe, it seems to offer the best of both worlds.

          With all the international finance and industry, Milan is full of expats, most of whom are working in the city. There are also lots of foreign students attending the city’s universities.

          There’s a joke in Italy that no one is actually from Milan… not even the Italians who live there. The city is said to be home to over 200,000 foreign residents, and a recent study showed that one in five residents was from elsewhere.

          All that in mind, it shouldn’t be surprising that Milan’s population is multicultural and diverse. No matter who you are, you’re sure to find a group of folks to identify with.

          Milan has it all. Food, culture, opera, sports, fashion and much more. This is a city with centuries of history that has remained at the forefront of the modern world.

          The best neighborhoods are found around the Duomo district. Duomo is the historic heart of Milan dominated by medieval buildings.

          Brera, to the north of Duomo is the artistic hub of Milan. This elegant neighborhood is one of the most romantic parts of the city. The winding streets are home to boutique stores, farmers markets, restaurants, bars, and cafés.

          Brera is completely pedestrianized making it perfect for navigating on foot. This is right in the center of Milan, and you can easily take public transport from here to anywhere in the city.

          To the south of Duomo is the Navigli area. The region is famous for its canals and waterways, which date back to Da Vinci’s time. This is Milan’s bohemian district. Lots of excellent restaurants and bars line the canals in Navigli and it is a popular spot for people to gather.

          Start Your New Life Today, Overseas






            We Value Your Privacy! We will not share your email address with anyone else, period.
            A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In

            Cost Of Living In Milan, Italy

            If you’re looking to reduce your costs overseas, Milan probably isn’t the place for you. However, if budget isn’t a concern for you, then Milan offers an exceptional lifestyle.

            In fact, it’s been ranked as having the second-best quality of life in Italy. A playground for those who enjoy design, fashion, and art, this city is a treat for the senses in every aspect.

            Let’s take a closer look at the cost of living in Milan.

            Apartment Or House Ownership Budget (For A Couple)

             
            Expense Monthly Costs Notes
            Mortgage -
            HOA Fees US$265
            Property Taxes -
            Transportation US$53 Monthly cost for annual public transportation pass (US$29.11), plus a couple of short taxi rides.
            Gas Bundled with electricity.
            Electricity US$212 This is a decent monthly average for the year, though costs will go up and down according to the season.
            Water - Bundled with electricity.
            Cell Phone US$39.05 10 GB mobile data and unlimited calls through Fastweb, plus fiberoptic home internet and home phone line.
            Internet - Bundled with cell phone.
            Cable TV US$61.65 Sky Italia.
            Household Help US$114.30 For bi-monthly, four-hour visits. The standard rate with a subscription is US$14.29 per hour.
            Entertainment US$840 Eating out twice a week at a mid-range, local restaurant: US$677. Local drinks twice a week at a nearby watering hole: US$135. Movie theater trip twice a month: US$27.51 (US$6.88 per ticket for seniors).
            Groceries US$317.50 Basic items for a couple; meat from butcher, seafood fresh from the fishmonger, and local produce.
            Gym Membership US$71 Monthly fee.
            TOTAL US$1,973.50

            Apartment Or House Rental Budget (For A Couple)

             
            Expense Monthly Costs Notes
            Rent US$1,150 In the Centro Storico, an 85-square-meter, one-bedroom apartment.
            Transportation US$83 Monthly cost for annual public transportation pass (€27.50), plus a couple of short taxis.
            Gas - Bundled with electricity.
            Electricity €200 This is a decent monthly average for the year, though costs will go up and down according to the season.
            Water - Bundled with electricity.
            Cell Phone €36.90 10 GB mobile data and unlimited calls through Fastweb, plus fiberoptic home internet and home phone line.
            Internet - Bundled with cell phone.
            Cable TV €29.90 Sky Italia.
            Household Help €108 For bi-monthly, four-hour visits. The standard rate with a subscription is €13.50 per hour.
            Entertainment €794 Eating out twice a week at a mid-range, local restaurant: €640. Local drinks twice a week at a nearby watering hole: €128. Movie theater trip twice a month: €26 (€6.50 per ticket for seniors).
            Groceries €300 Basic items for a couple; meat from butcher, seafood fresh from the fishmonger, and local produce.
            Gym Membership €67 Monthly fee.
            TOTAL €3,585.80

            Start Your New Life Today, Overseas






              We Value Your Privacy! We will not share your email address with anyone else, period.
              A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In

              Penny-Pincher’s Budget (Bare Minimum Costs, For A Couple)

               
              Expense Monthly Costs Notes
              Rent €570 For a 45-square-meter studio or one-bedroom apartment.
              Transportation €27.50 Monthly cost for annual public transportation pass; no taxis.
              Gas - Bundled with electricity.
              Electricity €75 Lower costs due to smaller space.
              Water - Bundled with electricity.
              Cell Phone €7.95 For mobile data only (no home internet). 100 GB of data, unlimited calls.
              Internet -
              Cable TV No separate contract; use cell phone for internet and media.
              Entertainment €768 Including eating out for lunch twice a week (€640) and for dinner twice a week (€128).
              Groceries €300 Basic items for a couple; meat from butcher, seafood fresh from the fishmonger, and local produce.
              TOTAL €1,748.45
              Check live foreign currency exchange rates here.

              Things To Do In Milan, Italy

              A Cathedral in Milan, Italy 
              Adobe Stock/amelia629

              Milan, Italy, is an industrial and economic hub in Europe. On the other hand, the city is not just for business… it attracts tourists and pleasure seekers just as strongly, and caters to them with luxury hotels, lux shopping, and fine dining—it’s the fifth-most starred city in the world by Michelin Guide.

              Shopping in Milan is a delight, with countless shops offering anything you can think of. There are plenty of high-end stores that are worth window shopping in even if they’re out of budget, but also plenty of affordable options.

              Those who love culture and history will delight in all the city has to offer.

              Five Must-Sees In Milan

              Start Your New Life Today, Overseas






                We Value Your Privacy! We will not share your email address with anyone else, period.
                A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In

                Safety In Milan, Italy

                In general, Milan is a safe city, but you need to be aware of pickpockets.

                Some neighborhoods outside the city should be avoided. At night, be vigilant in the areas around Loreto, Central station, and Porto di Mare.

                Health Care In Milan, Italy

                People tend to eat better in Italy. The Mediterranean diet has long been recognized as one of the healthiest in the world. Expats and retirees tend to move to a better diet in Italy by necessity.

                Partly because their favorite unhealthy snacks are no longer available. Partly because of how good the fresh local produce is.

                Italy is a regular in the WHO top 10 rankings of countries with the best healthcare in the world.

                The hospitals are clean and modern with all the latest equipment.

                In Milan, you’ll easily source an English-speaking doctor through local expat groups. The city has a wide range of hospitals, clinics, and medical centers catering to all treatments and services.

                Most expats choose to have private healthcare. The standard is very high but so are the prices. Health insurance in Italy is a must if you are going to go private.

                Visa And Residency Information For Milan, Italy

                Expats may require different permits depending on how long they wish to stay in Italy, and where they come from. EU citizens don’t require a visa to enter Italy, despite planned duration of stay.

                All non-EU citizens need to apply for a visa if they plan to stay more than 90 days.

                Types of Italian Visas

                Schengen Visa/Tourist Visa (Dichiarazione di Presenza)

                A Schengen short-stay visa entitles the holder to visit all the countries inside the Schengen Area.

                This type of visa lasts for 90 days and is stamped on arrival. Even so, it is important to keep a copy of the stamped receipt. Requirements include showing proof of return (a round-trip plane ticket for 90 days or less).

                Tourists arriving from a Schengen country should request the declaration within eight days of arrival. You can get it at the local police station. If you are staying at a hotel, the staff can supply and submit the declaration on check-in.

                After you receive this visa, you won’t be able to apply for another Schengen visa in another 180 days since the day you receive it.

                Permit of Stay (Permesso di Sogiorno)

                This Visa is intended for citizens outside the Schengen area that wish to stay in Italy for more than three months.

                Depending on the case, you can get either six months to two years. It is renewable, and it can last for a maximum of five years. After that, you apply for a permanent visa.

                EC Long-Term Residence Permit (Permesso di Soggiorno per Soggiornanti di Lungo Período, S.L.P.)

                Italy’s permanent resident visa. You need at least five years of living in Italy to apply for it. Also, you can file for application through postal service, or at a designated Municipal Office.

                The EC long-term residence permit entitles you to enter Italy without a visa; work; enjoy social benefits services; and participate in local public life.

                The Police State Office (Polizia di Stato) has a detailed information about the Italian visa.

                You cannot apply for an EC Residence on the following grounds:

                Start Your New Life Today, Overseas






                  We Value Your Privacy! We will not share your email address with anyone else, period.
                  A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In

                  Weather In Milan, Italy

                  Italy has a Mediterranean climate and enjoys four seasons, though they are not extreme seasons.

                  In Milan, summers are hot and humid with July being the hottest month—reaching 87°F. Winters can be cold with temperatures in January falling to 30°F.

                  Fall and Spring tend to be the wettest time of the year, but temperatures are comfortable.

                  Start Your New Life Today, Overseas






                    We Value Your Privacy! We will not share your email address with anyone else, period.
                    A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In
                    Kathleen

                    Reviewed By Kathleen Peddicord

                    Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

                    Start Your New Overseas Life Today

                    A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






                      We Value Your Privacy! We will not share your email address with anyone else, period.

                      Table Of Contents

                      Milan, Italy- FAQs

                      Italy has a lot of work to do to become truly accessible. Cobblestone streets abound, accessibility isn’t emphasized in rural areas, and popular cities are often congested with cars and scooters, making it difficult for people in wheelchairs to get around…

                      However, Milan is an exception. The city won the 2016 EU Access City Awards for the great work it has done towards making itself inclusive and accessible to all.

                      Milan’s public transportation uses low-level buses that are equipped to help wheelchair-bound customer’s board.

                      If traveling by train, the railroad network is well-equipped to accommodate people with disabilities. There are specially designed reception areas and coaches. The large Central Station has a lift to transport mobility impaired customers from the ticket office to the platforms.

                      Plus, all the museums and art galleries in Milan are accessible or can accommodate guests with disabilities as long as they are contacted beforehand.

                      A compact, flat city with great public transport, this is a city where you wouldn’t need a car to live, and where you can get by comfortably on your own two feet (or wheels) for most of your needs.

                      It’s also highly accessible, the travel hub of Northern Italy with two international airports and the best rail connections in the country.

                      Most European cities are as old on the inside as they are on the outside—something that foreigners don’t often consider. Old can be charming… but it’s also inconvenient.

                      Milan mostly bucks this trend, as much of its construction is relatively modern. Apartments are new—they have level floors, insulated windows, elevators, plumbing and electricity is all modern. And, many boast amenities like central heating and air conditioning, remote-controlled blinds, and heated floors.

                      Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

                      RETIRE OVERSEAS AND LIVE LIKE ROYALTY






                        We Value Your Privacy! We will not share your email address with anyone else, period.

                        Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…

                        BEST PLACES TO RETIRE 

                        FREE REPORT:






                          We Value Your Privacy! We will not share your email address with anyone else, period.