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Italian region will pay YOU over £22k to move to one of its stunning villages

A REGION in the south of Italy is offering people €700 (£625) per month for three years to move there, in a bid to increase the dwindling population.

More than 9,000 people have left Molise since 2014, with the current population around 305,000.

A region in Italy will pay you to move there
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A region in Italy will pay you to move thereCredit: Getty - Contributor

Of the nine towns in the region, not a single birth was registered last year.

The requirements for accepting the money include moving to a village in the region with fewer than 2,000 residents and a pledge to open a business — any kind of business as long as the investment goes back into the village.

Donato Toma, the president of Molise, : "If we had offered funding, it would have been yet another charity gesture."

She added: "It’s a way to breathe life into our towns while also increasing the population."

The region is in the south of Italy near Naples
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The region is in the south of Italy near Naples
The region hopes to increase the population by offering £625 per month
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The region hopes to increase the population by offering £625 per monthCredit: Getty - Contributor

The benefit of the money - which works out to £22,500 over the three years - will not be limited to just those moving there.

Donato said these towns will also receive more than €10,000 (£9,000) a month to help build infrastructure and promote cultural activities.

He said this will help give people a reason to stay, as he added: "Otherwise, we’ll end up back where we started in a few years."

This is not the first time a region or town in Italy has offered compensation to move and settle there.

New locals must set up a new business for the area to be eligible for the payments
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New locals must set up a new business for the area to be eligible for the paymentsCredit: Getty - Contributor
The region has seen a drop in locals since 2014
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The region has seen a drop in locals since 2014Credit: Getty - Contributor

The town of Candela in Puglia is offering up to €2,000 (£1,800) for people to move there after the population dropped from 8,000 to just 2,700 people.

Residents must have a house and a job with a salary of at least €7,500 (£6,700) a year.

Sicily recently offered new locals the opportunity to buy houses for just €1 (90p), with the condition that at least €15,000 (£13,500) goes into renovating them.

Italy's population .

Factors include a decrease in births and an increase of the migration of young people to other European nations looking for new job opportunities.

According to the Italian National Institute of Statistics, nearly 157,000 people left the country in 2019.

​The Greek island of ​Antikythera​ ​wants to pay people £450 a month to live ther​e​

Other destinations around the world are offering to pay you to move there.

An island in Greece is offering £16,200 over three years, while a number of states in the US have up to £8,000 to give away for people to move and start their business there.

The Greek island of Antikythera hopes the offer will entice people to move there, with the population dropping to just 24 people.

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