Italy will pay you $27,720 to move there

But there's a catch ...

Caitlin Lally
September 12, 2019 - 1:57 pm

(KMOX) — A rural province of Italy is offering people $27,720 to live in one of its villages.

However, despite a promised $770 per month for three years, it's not a paid vacation — newcomers must meet the following requirements: move to a village with fewer than 2,000 people and commit to opening a business.

The president of Molise, Italy, Donato Toma, told the Guardian, “If we had offered funding, it would have been yet another charity gesture. We wanted to do more; we wanted people to invest here. They can open any sort of activity: a bread shop, a stationery shop, a restaurant, anything. It’s a way to breathe life into our towns while also increasing the population.”

Toma also said in order to build infrastructure and foster cultural growth, the small towns will be granted $11,000 each.

“It’s not just a matter of increasing the population. People also need infrastructure and a reason to stay, otherwise we’ll end up back where we started in a few years,” he said.

According to the Guardian, more than 9,000 inhabitants have left the region since 2014. That's nearly 3% of the entire province population of 305,000 within 1,714 square miles (4,439 square kilometers).

For the sake of comparison, the population of the City of St. Louis, according to the last census, is just over 319,000 across 66 square miles (171 square kilometers). Losing 3% of the city population would be like the entire neighborhood Lindenwood Park being erased from the map.

In case you're not looking to move across the pond any time soon, eight states in the U.S. are also offering incentives to move their towns including Alaska, Iowa, Kansas, Maryland, Minnesota, Ohio, Oklahoma and Vermont.

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