A quaint mountain village in Italy pays you to maneuver and work there

The village of Santo Stefano di Sessanio in Abruzzo in Italy has launched an initiative to attract new younger residents.

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The Italian village of Santo Stefano di Sessanio is hoping to attract new younger residents by offering them grants totaling 44,000 euros.

The picturesque mountain village in Abruzzo in south-east Italy posted details of the project on the local council website last week.

Santo Stefano currently has only 115 inhabitants, of whom 41 are over 65 years old, while only 13 people living in the village are under 20 years old.

The Italian village of Santo Stefano di Sessanio is hoping to attract new younger residents by offering them grants totaling 44,000 euros.

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The local council said it was “essential” to do something to ensure “sustainable and lasting development of the territory,” according to a translation of the announcement.

The initiative to attract new residents was developed, which included the offer of a monthly grant of a maximum of 8,000 euros per year for three years, which was paid monthly. It said it would offer another grant, a one-time maximum payment of € 20,000, for new residents to start a business.

The local council will make a property available to the residents of the system for which they only pay “nominal” rent. It has also been stipulated that those who apply for the system must be between 18 and 40 years of age.

Applicants for the program must move to Santo Stefano for a minimum of five years and open a business in the village.

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You can be Italian residents from outside the area, but must move from a location with no fewer than 2,000 people. Applicants can also be EU citizens or non-EU citizens with a long-term residence permit issued for an indefinite period.

Applicants must move to Santo Stefano for at least five years and open a business in the village. However, the business must be in areas that have been given priority by the local council – a tourist, sports or cultural guide, cleaning staff, generic maintenance technician, drug store manager, or marketing and selling local groceries.

Applications for the initiative must be submitted by November 15, 2020.

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