The Sardinian authorities will pay those wishing to settle on the island 15,000 euros. To attract new residents to the sparsely populated areas of the Italian island, local authorities have approved a special grant program.
To take advantage of the program, a person must move to one of the municipalities of Sardinia with a population of fewer than three thousand people. The new resident must permanently reside in the purchased property.
Forbes columnist Laura Begley Bloom says:
“If you have ever dreamed of living in Italy, your wish may come true. And even better: you get paid too. The stunning Mediterranean island of Sardinia is willing to pay people 15,000 euros to move. The goal is to attract new residents to fight population decline. The Sardinian government has already allocated 45 million euros to subsidize 3,000 grants. Other parts of Italy use similar support measures to lure in new populations. For example, Calabria gives new residents about 33 thousand dollars, and the village of Santo Stefano di Sessanio – up to 52.5 thousand. There were similar programs in the US where regions, cities, and states paid people to move there. So what do you need to know? As with any of these programs, there is one catch. To be eligible, you must move to a Sardinian city with less than 3,000 inhabitants. The money should go to renovating the house. You must live there permanently (these villas are not for temporary holidays). And within 18 months you need to register in Sardinia as a permanent residence. It seems to be worth it. Sardinia is the second largest island in the Mediterranean and is famous for its clear waters, Bronze Age ruins, and delicious food like local lobsters. It has over 1,200 coastlines dotted with sandy beaches and hiking trails.”
The President of the island, Christian Solinas, noted that the grant program would help develop the economy of the most vulnerable Italian territories.