An Entire Region of Italy Will Pay You $27,000 to Move There

An Entire Region of Italy Will Pay You $27,000 to Move There

By Duncan Nielsen
Just east of Rome, the bucolic region of Molise is doling out hefty cash sums to lure in new residents.

Rural Italian communities are experiencing population drain—and some cities are even handing out houses for a single euro if buyers promise to renovate. That’s an attractive deal, until you consider that Molise is offering to pay you $770 a month for up to three years—a total of $27,000—if you move there.

The municipality of Pesche has been preserved for centuries and has withstood onslaughts from barbarian forces over the years. It once harbored an aristocracy, and it features a well-known castle.

"The goal is to breathe new life and revamp the local economy," Antonio Tedeschi says in an interview with CNN Travel. He’s a local regional councilor who sparked the incentive. "Newcomers are free to kick-start anything they please in order to get our financial support: a small inn, restaurant, bar, B&B, a tiny rural farm, artisan boutique, library, or shop selling local gourmet excellences."

Nominated for Italy's 2019 Most Beautiful Town contest,  Fornelli is known for its olive groves and truffles.

Many communities across Italy are crumbling as young people flock to bigger cities for better opportunities. Molise itself is in a tailspin: the population has shrunk by 9,000 over the past 5 years, and it’s now down to a total of 305,000. Tedeschi wants to put a hard stop to the problem.

"I want my region to undergo a renaissance and avoid its authentic villages turning into ghost towns," he told CNN. "We need to safeguard our roots."

Pietrabbondante features well-preserved ruins that stack up against those found in Rome and Pompeii.

Winter sports enthusiasts can enjoy the Molise town of Campitello, where snowy peaks poke above forested inclines.

The offer is an enticing one for Italophiles and local Italians looking to access all Molise has to offer. A choose-your-own adventure awaits: seas, olive groves, pastures, and the Apennine mountain range complete the region. Those interested can settle into the stronghold of Pesce, the snow-dusted terroir of Capracotta and Campitello, or the city of Sepino, whose ancient architecture rivals that of Rome and Pompeii. The mountains spill down to 22 miles of pristine coastline along the handsome blue Adriatic Sea. 

Young families are encouraged to apply, and can do so as soon as September 16. 

Related Reading: 

A Greek Island Wants to Pay You $565 a Month to Move In

9 Cities That Will Actually Pay You to Live There

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