Italy’s Tuscany region is offering cash incentives for people to move into its underpopulated rural towns and villages.
USA Today reported the new initiative “Residenzialità in Montagna 2024” – which translates to “Residentiality in the Mountains 2024” – will offer between roughly $10,000 and $32,000 to anyone willing to relocation to a locality with 5,000 residents or less. The funds are meant to be used for purchase and renovation of residential property but cannot exceed more than half of the property’s price. Applicants can choose from 76 locations across the region.
According to the initiative’s website, the incentives are designed “to favor and encourage the repopulation and socio-economic revitalization of mountain areas, acting in contrast to the marginalization of these areas.”
More than 5,000 of Italy’s smaller towns and villages have become “perilously depopulated,” according to a 2016 study by Italy’s Ministry of Environment. The new initiative allocated about $3 million to encourage new residents.
However, there are some caveats for Americans seeking to apply – they must receive a residence permit “lasting no less than 10 years,” register as residents in their new locality and not already live in a mountain village. The properties being sought must also be permanent residences and not vacation homes.
Photo: Irene Steeves / Flickr Creative Commons
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What has caused the depopulation in those areas? Is it difficult to get to town? how safe are these locations? I would love to make the move knowing the answers and how do I find availability and prices ? Please feel free to email me direct. [email protected]
Yes, I am a broker and would love to see some listings and prices. Thank you.
Is this still being offered? Also, my relatives (Grandparents) had dual citizenship for Italy/America, does that help speed things along? I would love to see some properties as my family and I are interested. I am sure Italy would hire Wildlife Biologists?
I am an agent and would like more information, pricing and listings with details.
Thanks
I am a broker would love to see listings prices, photos, and have a contact to person to discuss sales etc.
I would like details please. I have thought about making the move.
How can I get a list of available properties with locations and prices? We own a real estate company in the US, but would love to buy a home in Tuscany!
More information would be greatly appreciated! Thanks
It seems that you have to be an Italian citizen or a citizen of the EU.
requirements At the time of submission of the application, the applicant must declare under his/her own responsibility the possession of the following subjective requirements:
a) be an Italian citizen or a citizen of another Member State of the European Union or be a non-EU subject holding a residence permit for a period of at least 10 years, as referred to in Article 9 of Legislative Decree 286/1998;
(b) be of legal age;
c) be resident in an Italian municipality that is not mountainous according to the latest official Istat data available on the date of adoption of the executive decree approving the call (Annex 2 to Decree 12500 of 6 June 2024).
Thank you for those details, Steve. Even if you could be, which is possible in some places, any upgrades would soar in price if you don’t soak the native language, anywhere.
I would like more information. I am interested
info please… If we currently reside in America does this mean we are unable to accomplish this?
More information on this program is online at https://www.regione.toscana.it/-/bando-residenzialit%C3%A0-in-montagna-2024-contributi-per-l-acquisto-di-un-immobile
People, look at this before you ask for more info….
I am interested in learning more about the 10 year residency and how to go about searching for property.
I would like full details, please. I want to know about the cost of living and anything I can find out about this.