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Home » News » Business » These Italian Villages Will Pay You $33,000 to Come Start A Business

These Italian Villages Will Pay You $33,000 to Come Start A Business

You must move within 90 days of your application getting approved.
  • By TUT Staff
  • /
  • July 13, 2021
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If you’re currently working a job you hate in a place you’d rather not live with dreams of starting your own business and retreating to the rustic life, we’ve got a solution for you that sounds almost too good to be true.

CNN reports that the southern Italian region of Calabria is currently looking for an influx of new residents to help increase foot traffic in the region’s sparsely populated villages, and they’re so desperate for new blood that they’re willing to pay you to make the move and help to revitalize the area.

All of the villages are located in Calabria (that’s the toe of the boot) and offer up to €28,000, which translates to $33,000, to be paid out over three years.

So far, €700,000 has been set aside for the project.

The only catch is that you’re under the age of 40, willing to start a small business in the area, and are capable of moving within 90 days of your application being approved.

The villages in question include Aieta, Albidona, Civita, San Donato di Ninea, Caccuri, Santa Severina, Bova, Samo and Precacore, and Sant’Agata del Bianco, all of which are located oceanside or in the mountains and boast picturesque views worthy of hanging up on your wall, with a comfortable Mediterranean climate that rivals Southern California.

“We want this to be an experiment of social inclusion. Draw people to live in the region, enjoy the settings, spruce up unused town locations such as conference halls and convents with high-speed internet,” Altomonte mayor Gianpietro Coppola told CNN. Coppola was one of the brain’s behind the active resident income project, which regional councilor Gianluca Gallo says will provide a monthly income to residents in the range of $950 to $1,186, with an additional pool of one-off funding to help you start a new commercial business — think restaurant, bar, B&B, retail space, or rural farm.

The application process is set to launch online in the next few weeks, so while you mull that big life change over, we’re just going to go ahead and drop some photos of each town below to help whet your appetite. Currently, over 75% of Calabrian towns have fewer than 5,000 residents.

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TUT Staff

TUT Staff

The Urban Twist is revolutionizing the news by delivering real-time coverage, breaking news, analysis and opinion on the arts, fashion, dining, music, events, politics, sports and society in general. It combines a highly regarded editorial team with a cutting-edge Web and mobile publishing platform to offer unique intelligence and insight.

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