Italy’s new “residency in the mountains” program will pay people up to $32,000 to relocate to rural Tuscany in an effort to stabilize its population problem. The fund will pay people grants of up to $32,000 to move to Tuscany and fix up a home there.
The grants will pay 50% of the costs of renovations. Applicants must make the property their primary home.
Imagine waking up each morning to a view of the Tuscan countryside, making your home in the romantic Italian region known for its dry red wine, medieval architecture, and groves of olive trees.
Now imagine getting paid to do it. Tuscan officials launched a new “Residency in the Mountains” program in June. The program created a €2,800,000, or about $3,001,740, fund to encourage people to move to the rural countryside.
The fund, part of an effort to stabilize the country’s dwindling population, will pay people grants ranging from €10,000 to €30,000 (about $10,720 to about $32,161) to move to Tuscany and fix up a home there. Applications for the program close on July 27.
The program is open to Italians, EU residents, and non-EU citizens — so long as they have established long-term residency lasting no less than 10 years. Eligible applicants must commit to making the Tuscan property their primary home.