Italy’s Sardinia can pay you almost $15,000 to maneuver there

Sardinia, an Italian island within the Mediterranean, says it’ll pay folks as much as €15,000 (or round $14,400) to maneuver there. To fund this system, the area’s authorities has put aside €45 million for 3,000 new arrivals. 

“We’ve created the circumstances for younger folks to resolve to remain and [develop] the financial material of probably the most fragile territories,” Sardinia’s President, Christian Solinas, stated in a press launch. “There might be no development with out a actual enhancement of the territories, of the inner areas and of probably the most deprived ones, which should essentially cross by way of new territorial repopulation insurance policies.” 

However there’s a catch. 

First, you’d have to maneuver to a city with fewer than 3,000 residents. And the cash should go towards renovating a newly bought dwelling. You’d additionally must reside there full-time and, inside 18 months, legally register Sardinia as your everlasting residence. 

The purpose is to reverse a inhabitants slide in Sardinia, considered one of many areas in Italy the place small cities are shortly dropping residents. 

Simply know that in the event you do resolve to make the transfer, you would possibly reside longer.

Sardinia—the primary of 5 “Blue Zone” areas to be recognized—is alleged to have almost 10 instances extra centenarians, an individual who’s reached the age of 100 years previous or extra, per capita than the U.S.

Sardinia isn’t the primary place in Italy to dole out cash in an effort to draw extra residents. 

The southern area of Calabria stated in 2021 that it will give new residents €28,000 (or round $26,900) over the course of three years. In 2020, the commune of Santo Stefano di Sessanio supplied folks as much as €44,000 (or round $42,300) in grants to maneuver there.