According to Euronews, Sardinia is considered a "paradise island" in the Mediterranean. However, the island is facing a big problem as young locals tend to go abroad to work. To combat this exodus, the Italian government has allocated about 45 million euros (about 44.6 million USD) for resettlement subsidies. This amount is expected to be divided among 3,000 people (an average of 15,000 USD per person).
If you want to get the money, the most important thing is that you have to move to the island to live.
"The money sounds attractive. However, you need to meet what they set out," quoted Euronews.
First, the recipient must move to a municipality in Sardinia with a population of less than 3,000. The $15,000 grant is not for living expenses. You need to use the money to buy or renovate a home. Note that the grant cannot exceed 50% of the total cost of buying or renovating a home. Therefore, the government does not always hand over the full $15,000.
The beauty of Sardinia island in Italy.
Finally, the recipient must move into the new home. You will also need to register as a permanent resident in Sardinia within 18 months of arriving. Italy’s population is aging. The median age of Italians is currently 45.7 years and is expected to rise to 50.7 by 2050. The country’s population is also forecast to decline by almost 20% by 2070 (from 59.55 million to 47.6 million).
These issues are even more acute in rural areas like Sardinia, where the plan will encourage young people to stay or move to the island, said Sardinia President Christian Solinas.
"The island will become fertile ground for people who move here or decide to raise a family," he said.
With more than 500 people over 100 years old, Sardinia has one of the highest densities of centenarians in the world – 33 people over 100 years old for every 100,000 inhabitants.
