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Thursday, September 29, 2022

A paradisiacal island in Italy offers 15,000 euros for those who move to stay: what requirements it asks for and how many people are you looking for

Nulvi, Sardinia

Forbes magazine said that if a person has “ever dreamed of living in Italy, their wish is about to come true. And even better: they can pay you to move to Italy.”

“The impressive Mediterranean island of Sardinia is ready to pay 15,000 euros each” (about $14,976) to get there. It is hard to imagine that such a beautiful place would need to pay people to move to its shores, but the intention is to attract new residents to cope with the decline in population,” said an article.

In this sense, “the Sardinian government is serious, It has reserved 45 million euros, enough to subsidize 3,000 scholarships of up to $15,000 each.

According to Forbes, “Other parts of Italy are using similar promises of money to attract a new population from the Calabria region – giving about $33,000 to a handful of new residents – to the city of Santo Stefano di Cesanio. ., which offered people in grants of up to $52,500 to go and work there.

In addition, Forbes noted that “the United States has had similar programs with regions, cities, and states that pay people to move there.”

“We have created conditions for young people to decide to stay and [desarrollar] The economic fabric of the most vulnerable regions”, Sardinia President Christian Solinas said.

A Nuraghe Near The City Of Sasari In Sardinia
A nuraghe near the city of Sasari in Sardinia

He stressed, “There can be no development without a true appreciation of the regions, interior and most deprived areas, which will have to undergo new policies for their re-population.”

What applicants to this show should know: “Like any of these shows, there’s a catch. To be eligible for assistance, you must move to a Sardinian city with a population of less than 3,000 residents.

In addition, “the money should be used for the renovation of the house. You have to stay there full time (vacation villas are not allowed). And within 18 months you must register Sardinia as your permanent residence.

effect of russian invasion

Hundreds of employees, who sometimes receive five- and six-digit tips, are out of work. The Sardinians now face their miscalculations by gambling on the food of Moscow’s super-rich; Some real estate developers even had websites in Russian. Then comes the biggest headache: How to manage frozen assets: With more than $250 million in real estate now in the hands of the Italian state, there’s no clear answer as to how long they can sit vacant.

“They’ll be like haunted mansions,” Tamara Grillotti, a luxury real estate agent in Sardinia, told The Washington Post.

The villas are barely visible behind their front doors. Views include rocky headlands, sea and sky. Costa Smeralda is less developed than Mykonos or Ibiza. And it comes to life for only a few weeks a year, when the ultra-rich come in July and August, with hundreds of private planes landing there.

Visitors have included George Clooney, Bill Gates, hedge fund managers and supermodels. On at least two occasions, in 2003 and 2008, Russian President Vladimir Putin has been a guest at the palace complex of then Italian President Silvio Berlusconi. Among Russians, such voyages helped increase the popularity of Sardinia, which is 100 miles across the Tyrrhenian Sea from Rome and about 2,000 miles from Moscow.

According to the Italian government, Russians sanctioned with frozen assets there include Alexei Mordashev, a steel tycoon known as Russia’s richest man, and Dmitry Mazepin, who until March was the company’s CEO and majority owner of Fertilizers. . With his son in Sardinia.

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World Nation News Desk
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