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 You’ll be fine in Italy. Focus on Sicily, Tuscany, Umbria, Marche, Liguria, and Lombardy regions 
 Isn't Etna erupting? 
 Yessir, don’t need to be right next to Etna though lol. 

Palermo and Trapani would be fine. 
 Also, another reason to move to Italy is that if the house isn’t considered a luxury home, there’s no property tax. It’s typically any home less than 1 million euros. 

Income wise, capital gains on stocks is 26% and Italy has a deal for no dual taxation if you’re a U.S. citizen up to like $135k equivalent (Italy has a flat tax up to €100k and no extra taxes after that). 
 Italy is beautiful.