Home Foreign Opportunities Global Destinations Offering Financial Incentives for Relocation

Global Destinations Offering Financial Incentives for Relocation

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Aeroplane taking off a runway, illustration.

Several countries are offering attractive financial incentives to encourage new residents to move in. From startup grants in Chile to affordable homes in Italy and teaching opportunities in Asia, these global destinations are making relocation more appealing than ever.

Here are some places that will pay you to move in:

Chile

Chile, known for its stunning landscapes ranging from the Atacama Desert to Patagonia, has shifted from a mining-centric economy to an innovative tech hub. The Start-Up Chile accelerator program is a key initiative designed to foster entrepreneurial growth, offering grants for various stages of startup development:

  1. Build: This 4-month program provides 10 million pesos (about $14,000) and a co-working space to help entrepreneurs launch their businesses. It’s an ideal starting point for those with a fresh, innovative idea that needs initial support and resources.
  2. Ignite: This program supports small startups that require expansion assistance, offering around $30,000 equity-free, plus an additional $30,000 extension. It’s aimed at businesses that have gained some traction and need further financial backing to scale up.
  3. Growth: Targeted at advanced startups, this program provides $80,000 in funding to help innovative businesses build better communities and expand their impact. It’s perfect for established companies looking to make significant progress in their sectors.

Applications require detailing your startup idea or business plan and can be completed in English. Successful applicants will be invited for an interview, making it accessible for international entrepreneurs.

Candela, Italy

In the charming town of Candela, located in southern Italy, residents are offered between €800 (around $870) for singles and €2,000 (around $2,175) for families to move there. To qualify, you must make Candela your permanent residence, have a job, and invest in a house built before 1991. This initiative is designed to rejuvenate the town and attract new families, providing the charm of urban Italy without the crowds. Candela is conveniently located two hours from Naples and one hour from the beach, offering easy access to both urban amenities and seaside relaxation.

Sambuca di Sicilia, Italy

In Sicily, another attractive offer awaits potential residents. You can buy a home for just €1, provided you refurbish it within three years at an estimated cost of around €15,000 (about $17,800) and provide a €5,000 (about $5,900) security deposit refundable upon completion. This initiative is part of a broader effort to restore and repopulate the town, preserving its rich cultural heritage. Sicily offers a rich cultural experience with its divine cuisine, beautiful landscapes, and historical significance, making it an enticing option for those looking to relocate.

Sardinia, Italy

Sardinia, an island known for its stunning coastlines and rich history, offers €15,000 (about $16,200 USD) to those who move to a rural area and renovate a home. The Sardinian government has set aside a fund of 45 million euros for this initiative to combat depopulation and isolation. To qualify, applicants must move to a town with fewer than 3,000 residents, live there full-time, and make Sardinia their permanent residence within 18 months. This initiative not only revitalizes rural communities but also offers newcomers a chance to enjoy the serene beauty of the island.

Tuscany, Italy

The picturesque region of Tuscany has launched a residency program offering up to $32,000 in renovation funds for those willing to move to one of its 76 rural towns. This program aims to stabilize decreasing population numbers by providing financial support for fixing up old homes. Applicants can choose from various locales, including Capraia Isola or amid the natural beauty of Casciano dei Bagni. Tuscany, known for its rolling hills, vineyards, and artistic heritage, provides a tranquil yet culturally rich setting for new residents.

Denmark

While Denmark doesn’t pay you to move, it offers excellent education, healthcare, and welfare systems, making it highly attractive for entrepreneurs and digital nomads. Denmark’s coastal landscapes, bike-friendly cities, and reputation as one of the happiest countries in the world make it a desirable destination for those looking for a high quality of life. The country’s strong emphasis on work-life balance and community well-being adds to its appeal.

Ireland

Enterprise Ireland is actively attracting expats by offering funding and tax credits to promising startups. Successful applicants gain access to the EU market and the vibrant Irish culture, known for its scenic landscapes and welcoming people. Ireland’s robust startup ecosystem and supportive business environment make it an ideal place for entrepreneurs looking to expand their ventures.

Albinen, Switzerland

The picturesque village of Albinen offers $25,000 per adult and $10,000 per child to attract new residents under the age of 45. To qualify, you must buy a house worth over $223,200 and commit to living there for at least 10 years. Albinen’s breathtaking scenery and peaceful environment provide a perfect escape from city life, offering a slower pace and a close-knit community.

Korea, Thailand, and Vietnam

These countries offer teaching jobs to residents from Europe and the U.S., making the relocation process straightforward. The benefits include experiencing rich cultures, delicious food, and a low cost of living. Teaching English is particularly popular, with many programs offering competitive salaries, housing allowances, and other perks.

Mauritius

Mauritius, an island nation in the Indian Ocean, offers 20,000 Mauritian Rupees ($440) to startups with viable business ideas. The island provides beautiful weather, a thriving economy, high-quality schools, and free healthcare, making it an attractive destination for entrepreneurs. The government’s proactive approach to fostering innovation and business growth makes Mauritius a compelling option for those looking to start or expand their ventures.

Ponga, Spain

In the scenic region of Ponga, Spain, young couples are offered €3,000 (around $3,262) to stay for five years, plus an additional €3,000 for each child. This initiative is part of a broader effort to revitalize rural areas and support family growth. Ponga’s stunning landscapes and welcoming community make it an excellent choice for families seeking a peaceful, nature-rich environment.

Saskatchewan, Canada

Saskatchewan offers CAD 20,000 (around $15,000 USD) in tax returns to graduates from approved institutions who maintain residency for 10 years. The province combines city amenities with outdoor adventures, making it appealing for young professionals. With its strong economy and diverse opportunities, Saskatchewan is a great place for those looking to establish long-term roots in Canada.

New Zealand

In New Zealand, the town of Kaitangata offers affordable land and housing packages for $165,000 to boost its population. Known for its natural beauty and adventure sports, New Zealand is perfect for outdoor enthusiasts. Kaitangata’s community-focused initiatives and affordable living options make it a desirable location for new residents.

Antikythera, Greece

The island of Antikythera offers families with three or more children a monthly stipend of €500 (about $542), free accommodation, and free food to relocate. This initiative aims to boost the island’s population with skilled workers and families. Antikythera’s serene environment and community spirit provide a unique opportunity for families seeking a tranquil lifestyle.

Legrad, Croatia

Legrad, Croatia, sells homes for just 13 cents to attract new residents. Applicants must be under 45, in a partnership, have a clean record, and not own property. The town also offers additional financial support for renovations, aiming to rejuvenate the area and increase its population. Legrad’s affordable housing and supportive community make it an attractive option for young couples and families.

These incentives make relocating to these countries not only feasible but also financially rewarding, providing a unique opportunity to experience new cultures and lifestyles. Whether you’re an entrepreneur looking for startup support, a family seeking a peaceful community, or an adventurer yearning for new landscapes, these global destinations offer diverse opportunities and welcoming environments.

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