This Italian Region Will Pay You €30,000 to Move There
Imagine waking up under the Tuscan sun, surrounded by rolling hills, vineyards, and charming medieval towns. Thanks to an innovative scheme by Tuscany's regional authorities, this dream is closer to reality for many. They offer up to €30,000 to those willing to relocate to one of the region's picturesque mountain towns.
Tuscany, a land of stunning landscapes, rich history, and vibrant culture, beckons with its art-filled streets of Florence and tranquil countryside. The region's unique blend of beauty and serenity is a sight to behold. Living in rural Tuscany means embracing a slower pace of life, indulging in fresh local produce, and becoming part of a close-knit community atmosphere.
Across Italy, many rural towns and villages face a population crisis. Younger generations are moving to cities for better job opportunities, leaving small communities with dwindling populations and struggling economies. This exodus has resulted in numerous abandoned homes and a pressing need for revitalization.
Photo: unsplash.com/mattiabericchia
To combat this decline, local councils across Italy have introduced various solutions. Some towns have famously sold houses for as little as €1. Tuscany has taken a different approach by offering financial incentives to attract new residents. The latest initiative, "Residency in the Mountains 2024," aims to breathe new life into its mountain communities.
This scheme provides between €10,000 and €30,000 to individuals who purchase a house in one of Tuscany's mountain towns. The catch? The town must have fewer than 5,000 inhabitants, and the grant can only cover up to 50% of the property's purchase and renovation costs. There are 119 such towns in Tuscany, each offering unique charm and opportunities.
Only some people can apply for this grant. Eligibility requirements include being an Italian citizen, a citizen of another European Union state, or a non-EU citizen with a residence permit lasting at least ten years. Applicants must be registered as residents in an Italian town or city rather than a mountain community.
Applying for the grant is a straightforward process. Interested individuals can fill out an online form on the Tuscany Region website. However, it's important to note that applications must be submitted by 1pm CET on 27 July. Given the competitive nature of the process, early application is advisable.
Investing in a property in rural Tuscany can be a rewarding venture. With property prices generally lower than in urban areas and the grant covering up to 50% of the costs, the financial burden is significantly reduced. Seek local advice to navigate the real estate market effectively and find a property that meets your needs.
Moving to rural Tuscany with the help of the "Residency in the Mountains 2024" scheme is a unique opportunity to embrace a new lifestyle. With financial incentives, stunning landscapes, and a welcoming community, it's an ideal chance for those looking to make a significant life change. If this sounds like a dream come true, don't hesitate to apply and start your Tuscan adventure.
Applications can be made using the online form on the Tuscany Region website and must be submitted by 1pm CET on 27 July.