Get Paid to Move to Italy? You Bet!
Published by FareCompare on November 28, 2022
This holiday season, what's at the top of your wish list? How about getting paid to move to Italy? Now, your dreams could become a reality! The town of Presicce, located in the southern region Puglia (often called "the heel of the boot"), is the latest Italian destination to entice new residents via financial incentives. Officials recently announced that they would pay up to €30,000 (around $30,000) if a person will commit to buying an empty house and living in the town permanently.
According to CNN, all of the homes for sale were built before 1991 and begin at €25,000 as part of the community's new program "Welcome to Presicce-Acquarica" program. Not bad considering the current housing market in the US, UK, and Europe, right?
Interested people should probably be prepared for a little bit of work though; while the homes aren't necessarily ancient, they have been abandoned for a considerable period of time. As a result, they'll need some TLC to be ready and raring to go. "
There are many empty homes in the historical center built before 1991, which we would like to see alive again with new residents," local councilor Alfredo Palese shared with CNN. "It is a pity witnessing how our old districts full of history, wonderful architecture, and art are slowly emptying."
If you're not familiar with the area of Puglia, you're in for a treat. Presicce is home to a main square home with a characteristic church, intricate sculptural accents, and white marble-paved streets. Some people might wonder why the town is offering such an incentive to attract new residents, given the area's natural beauty and Italy's timeless popularity. However, Puglia has suffered a mass exodus of young people due to a lack of opportunity. As a result, Presicce is also offering incentives for businesses to either move here or start here as a means of employing more locals.
According to Forbes, the program will cover 50% of the costs of purchasing a home — including renovations — up to the €30,000 maximum. About 30% of the town's housing is eligible for sale, meaning new arrivals will be spoiled for choice.
As published in Time Out, the town's current population sits at about 10,500 residents, but the growth strategy doesn't stop at selling its older homes. The town is also paying parents €1,000 for every newborn baby registered there, so those looking to move should also be planning for a potential baby boom.
If you're ready to give yourself the ultimate holiday gift of a new life in an Italian paradise, visit the town's website here.