European Cities Offer Cash Grants to Attract New Residents

Written by Kathrine Frich

Jul.07 - 2024 7:41 PM CET

World
Photo: Shutterstock
Photo: Shutterstock
Several small cities across Europe are offering generous grant programs to entice future residents

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Several small cities across Europe are offering generous grant programs to entice future residents, providing an opportunity to settle in picturesque locales while receiving financial incentives.

Italy

From regions in Italy to towns in Croatia, these programs aim to combat depopulation by encouraging newcomers to breathe new life into these communities.

According to Ziare Italy's Tuscany, for instance, has established a $3 million fund to incentivize relocation to rural areas and assist in the restoration of neglected homes.
The initiative seeks to revitalize socio-economic conditions in mountainous regions, countering the marginalization of these areas.

Switzerland

In Switzerland, the quaint Alpine village of Albinen has been offering non-residents approximately $27,900 per adult and $10,000 per child to move to their isolated community since implementing their relocation program in 2017.

With a population of fewer than 300, Albinen aims to attract younger families willing to embrace a serene lifestyle away from urban hustle.

Greece

In Greece, the island of Antikythera in the Aegean Sea is seeking families with three or more children to settle permanently.

Since 2019, the local authorities have provided a monthly allowance of 500 euros, along with free accommodation and food, aiming to rejuvenate a community whose population has dwindled to just 24 individuals.