Italy: Tuscany to pay people $40K to move there

Rome: Idyllic towns that bask in sun 2500 hours a year are offering thousands of dollars for people to move there, but applications close soon.

Tuscany’s regional authorities have announced they’ll pay people up to a whopping £25,000 ($A40,000) to relocate to the breathtaking Italian mountain towns.

The sun-soaked Italian region of Tuscany is a location with notoriously expensive properties.

The money would be used to buy a house in a town in the picturesque province.

Dwindling populations in the regions with locals moving to cities for work has driven Italy to make the amazing offer.

The new scheme dubbed ‘Residency in the mountains 2024’ will give applicants between €10,000 ($A16,000) and €30,000 ($A48,000) to purchase a home.

Italy’s population crisis schemes have encouraged brits to ditch their normal lives to live in the sunshine. Picture: Getty Images
Italy’s population crisis schemes have encouraged brits to ditch their normal lives to live in the sunshine. Picture: Getty Images
The terms and conditions include the purchase having to be in a mountain town with a population fewer than 5000 people.

Currently there are 119 Tuscan towns suffering from the population crisis.

The generous financial contribution cannot, however, exceed 50 per cent of the cost of buying and renovating the property.

Stefania Saccardi, Tuscany’s regional vice president described the Tuscan mountains as: “territories of unique beauty with villages to be rediscovered which, however, suffer from depopulation.

“Deciding to live in one of these municipalities is therefore a challenge and an opportunity, especially for young people, and the chance for a new life choice.”
Italy have been incredibly inventive as of recent times to remedy the population crisis, like launching Euro Houses.

The project took derelict, abandoned buildings in Italy and flogged them to people at an insanely low price.

After barely managing to survive living in London with the astronomical rent and soaring cost of living, 31-year-old George Laing packed his bags and jetted off to Italy to create his perfect life on the cheap.

The savvy entrepreneur jumped at the chance to stop wasting thousands a month on rent and quickly found a run-down three-bedroom cottage in the hilltop Sicilian village of Mussomeli.

Last year the sun-soaked region of Calabria was the newest place to offer a new scheme.

In the south of the country, dubbed Italy’s “toe”, a whopping $A50,000 was offered to anyone who wanted to move there.

The stipulations were that applicants needed to be under 40 and have an idea to start a business in one of the villages or work in one of the jobs that needed filling.

Applicants have to be Italian citizens or citizens within the EU. Non-EU citizens can apply but have to hold a residence permit lasting a minimum of 10 years.

They must also be registered in an Italian town or city as a resident but not living in a mountain community. Applications for the life-changing opportunity close on July 27.