LifestyleTuscany offers up to CA$43,000 to new residents of mountain towns

Tuscany offers up to CA$43,000 to new residents of mountain towns

Tuscany
Tuscany
Images source: © Adobe Stock | JAN SIEMINSKI
Mateusz Domański

28 June 2024 08:39

Tourists love Tuscany, but relatively few people decide to settle there permanently. Italians want to change this. They hope that big money will help. Anyone can grab as much as CA$43,000.

Some regions in Italy are experiencing significant depopulation. Among these areas, the tourist-favourite Tuscany is struggling. Its authorities have announced that people who decide to move to its mountain towns can receive up to CA$43,000!

This is all within the program called "Mountain Stay 2024." Thanks to this initiative, you can get between CA$15,000 and CA$43,000 when buying a house.

To receive the money, one must decide on a house in a mountain town with a population of less than 5,000. The funding cannot constitute more than 50% of the purchase and renovation cost.

Italy. Up to CA$43,000 for moving to Tuscany

Applicants must be citizens of Italy or another European Union country. They can also be from a non-EU country but must show a residence permit for at least 10 years.

They must also be registered as residents of an Italian city but not reside in a mountain community (according to the category of the Italian National Institute of Statistics).

Grant applications can be submitted until July 27, 2024. The recruitment is conducted through the Tuscany region's website.

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