LifestyleGet paid to move: Tuscany offers up to $32,000 for new residents

Get paid to move: Tuscany offers up to $32,000 for new residents

Tuscany
Tuscany
Images source: © Adobe Stock | JAN SIEMINSKI

4:56 PM EDT, June 28, 2024

Tourists love Tuscany, but relatively few people decide to settle there permanently. Italians want to change this. They hope that big money will help. Anyone can grab as much as $32,000.

Some regions in Italy are depopulating at an alarming rate. The tourist-favorite Tuscany is struggling with this problem. Its authorities have announced that people who decide to move to its mountain towns can count on up to $32,000!

This is all part of the program called "Mountain Stay 2024." Thanks to this initiative, you can get between $11,000 and $32,000 when buying a house.

To receive the money, one must decide on a house in one of the mountain towns with a population of fewer than 5,000 residents. The funding, however, cannot constitute more than 50% of the cost of purchasing and renovating the property.

Italy. Up to $32,000 for moving to Tuscany

Applicants must be citizens of Italy or another European Union country. They can also be from a non-EU country but must show a residence permit for at least 10 years.

They must also be registered as residents of an Italian city but not reside in a mountain community (according to the category of the Italian National Institute of Statistics) - notes "Rzeczpospolita."

Grant applications can be submitted until July 27, 2024. The recruitment is conducted through the Tuscany region's website.

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