Italian Island Will Give People $15,000 To Live There

italian island

An Island in Italy to pay people $15,000 for just residing there

Sardinia, an Italian island, has revealed intentions to pay residents 15,000 euros ($14,767.88) per year to live on the island.

According to estimates, the government has put aside $45 million for the relocation grant, enough to cover 3,000 relocations.

The government wants to bring people to the island since many young people are traveling elsewhere for jobs.

“We have provided the circumstances for young people to chose to stay and [grow] the economic fabric of the most vulnerable districts,” said Sardinia’s president, Christian Solinas.

“There can be no growth without a genuine improvement of the territory, the interior, and the most disadvantaged places, which must be repopulated by new programs.”

The following are the prerequisites for receiving funds to relocate to Sardinia:

You must relocate to a Sardinian municipality with a population of no more than 3,000 persons.

You must live there full-time and relocate within 18 months after living there.

The funds must be utilized to purchase or remodel a house.

The grant cannot be more than half the cost of the house or improvements.

AdeyemiUrban

Nigerian Analytic Journalist, Tech Enthusiast, Food Business Owner, Learner, Giver, Teacher

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