The storied Italian region of Calabria is offering new residents $33,000 over three years to move to one of its villages, but there are a few rules.
New residents must start a small business or work as a specific professional that is needed within the region, USA Today reports.
The residency, offered by “The Active Residency Project,” is only available to those under the age of 40, as local leaders look for ways to draw in younger people.
Additinally, those selected will have 90 days to move to Calabria.
The project has about $829,000 to disperse to new residents and may provide grants to assist the launches of hotels, restaurants and other businesses, according to the project’s website.
Nearly a dozen villages are participating in the program:
- Aieta
- Albidona
- Bova
- Caccuri
- Civita
- Samo and Precacore
- San Donato di Ninea
- Sant’Agata del Bianco
- Santa Severina
Updates and applications for the project will be posted on Calabria’s website.
This latest project is just one of many creative initiatives that are designed to spur economic and population growth through Italy, particularly southern Italy.
Towns and villages are offering bargain rates for homes, which has triggered a great deal of International interest, especially among Italian Americans.
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