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Posted by Victor Crew on

Tiny Village in Italy Offers to Pay Young Italians to Move There

While the story might sound familiar at first, as it has been happening more and more, an Italian village offers up abandoned homes for pennies on the dollar with the caveat the new owners quickly renovate the house.

Some are going to even greater extremes. Candela in Puglia, for example, began offering new residents a little over $2,000 to move there in 2017.

The best deal yet has come from a walled, a medieval village in Abruzzo in the central south of Italy, Santo Stefano di Sessannio. They are willing to pay people willing to move to the village and start a business there. They will further support them by giving them very inexpensive rent.

Mayor Fabio Santavicca said that the village isn’t try to sell anything to anyone, they simply want the village to continue to live. The only catches are you have to be a resident of Italy and be under forty years old.

The village has only 115 residents, most are retired and fewer than 20 residents are under the age of 13.