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Africa Housing News > Blog > News > Japan: Italian Region Offers Up to €30,000 to Attract New Residents
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Japan: Italian Region Offers Up to €30,000 to Attract New Residents

Fesadeb
Last updated: 2024/09/28 at 5:16 PM
Fesadeb Published September 28, 2024
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Tuscany, a picturesque region in central Italy, is offering grants of up to €30,000 to attract individuals and families willing to relocate to its rural mountain villages.

This initiative, known as the “Residency in the Mountains 2024,” is aimed at reversing population decline in these areas while fostering economic growth.

The program offers financial support for purchasing and renovating homes in select towns, providing an opportunity to breathe new life into communities affected by depopulation.

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The “Residency in the Mountains 2024” program is part of Tuscany’s broader strategy to combat rural depopulation, which has led to a significant reduction in population in many mountain areas, impacting both local economies and cultural heritage. Through this initiative, the region hopes to encourage sustainable growth by enticing newcomers with grants ranging from €10,000 to €30,000 to invest in local properties.

READ ALSO: Japan appoints Minister of Loneliness to tackle suicide rates

Beyond the financial incentives, moving to Tuscany offers various lifestyle benefits. New residents can enjoy affordable living, as the cost of housing and renovations is made lighter with the program’s support. In addition, rural Tuscany boasts a lower cost of living compared to larger cities. The mountain towns offer a close-knit community atmosphere, where social connections are strong, and neighbors look out for one another. Surrounded by stunning natural landscapes, residents will have ample opportunities to engage in outdoor activities such as hiking and cycling.

READ ALSO: Japan appoints Minister of Loneliness to tackle suicide rates

The program is open to a wide range of applicants, with a focus on young people, families, and skilled individuals who can contribute to the local economy. It welcomes both EU and non-EU citizens, though non-EU applicants may face additional visa requirements.

For those interested in relocating, preparation is key. Applicants will need to gather essential documents, such as proof of identity and financial statements, research the participating towns, and find a property to purchase and renovate, as the grant is tied to property development. Once ready, they can submit their applications for approval.

In addition to residency, the program supports employment, particularly for those who work remotely. While local job opportunities may be limited, the program encourages entrepreneurial efforts to contribute to community integration and sustainable growth. Tuscany’s initiative offers not only a financial boost but also the promise of a vibrant new life in a scenic and culturally rich environment.

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Fesadeb September 28, 2024 September 28, 2024
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