Italy offers to pay 270 thousand TL to people who will move to Sardinia Island
6Italy offers to pay 270 thousand TL to people who will move to Sardinia Island
Sardinia Island, one of the coastal regions of Italy, announced that 15 thousand euros will be paid to those who will move to revitalize the region.
Officials of Sardinia Island, one of the rural areas of Italy, announced that they offer to pay 15 thousand Euros to the people who will move to revitalize the region.
Officials said it has earmarked 45m euros for the initiative, which aims to help attract people to the Italian countryside and support trade in small towns by providing substantial financial assistance to homebuyers.
While Sardinia is the second largest island in the Mediterranean, it stands out with its approximately 1,600 kilometers of beaches and port towns dating back to BC.
However, like other rural areas of Italy, the region is struggling with a dwindling population and shrinking economy as younger generations flock to the big cities for work.
"Thanks to these contributions to first-time home buyers, Sardinia becomes fertile ground for those who are going to move or decide to start a family," said the President of Sardinia, Christian Solinas.
“We have created conditions for young people to decide to stay and develop the economic fabric of the most vulnerable areas,” Solinas said.
MUST LIVE IN THE REGION FOR AT LEAST 18 MONTHS
With the incentive offered, the possibility of getting more than 270 thousand TL of help to move to one of the most beautiful islands in Europe brings with it a few warnings.
According to the rules, the grant money received can only be used to purchase or renovate a house in Sardinia, while the property in question must also be located in a municipality with a population of less than 3,000, which are the towns most in need of economic support.
In addition, the Sardinian government stated that the person who receives the amount to be paid should live in the region in question, while emphasizing that people should live in the region for 18 months in order not to abuse the fee.