Escape To A New Life! From Austria To Italy, These 12 Countries Will Pay You To Relocate There

Many of us dream of moving to a new country to make a better life for ourselves, don’t we? Well, it can be pretty daunting and costly to upend your life and move to another country. However, not many know that several countries offer lucrative opportunities which also include financial compensation and tax benefits. These can really help in making this decision smartly. Without further ado, let’s tax a look at xyz countries that are ready to pay you to move there:?

1. Chile

Chile extends financial support to startup ventures seeking to commence operations within the South American country. Under the initiative, businesses are encouraged with funding of up to US$80,000 along with a one-year work visa.

2. Ireland

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Through the Enterprise Ireland program, the Emerald Isle provides financial assistance to entrepreneurs and small businesses interested in establishing companies within the country. While Irish citizenship is not a requirement for application, businesses must be registered in Ireland to be eligible for support.

Additionally, through the Our Living Islands initiative, the Irish government aims to enhance and revitalize its 30 remote islands for economic growth. To qualify for the grant of US$87,600(Rs 73 lakh), applicants must acquire a house constructed prior to 1993, which has been unoccupied for at least two years.

Also Read:?Time To Pack Your Bags! These 4 Countries Are Paying You To Move There

3. New Zealand

Kaitangata extends an enticing opportunity to aspiring entrepreneurs, providing approximately US$165,000(Rs 1.3 crore) in addition to free housing. This initiative primarily stems from a scarcity of skilled workers and a population decline, with the town's current inhabitants numbering only 800.

4. Iceland

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Through Iceland's startup program, the island nation provides aspiring entrepreneurs with US$50,000(Rs 41 lakh) to kickstart their businesses within the country. Additionally, accepted applicants receive government support and a one-year visa to facilitate their entrepreneurial endeavors.

5. Portugal

Under the Emprego Interior MAIS scheme, the Portuguese government offers grants of up to US$5,240(Rs 4.3 lakh)? to incentivize individuals to work in the inland regions of the country. This initiative extends to foreign citizens as well, providing opportunities for international participation.

6. Japan

Japan's government introduced the Regional Revitalization Program, aimed at revitalizing rural areas by attracting residents. This initiative offers a one-year visa and provides up to US$10,000(Rs 8.3 lakh) in funding to individuals willing to relocate to these regions.

7. Spain

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The village of Ponga in Asturias extends a unique incentive to young couples, offering US$3,256(Rs 2.7 lakh) for relocation and an additional $3,256(Rs 2.7 lakh) for each child born or moved with the couple. However, recipients must commit to residing in Ponga for a minimum of five years under a legal agreement.

8. Greece

Antikythera, a Greek island with a population of approximately 50, seeks to bolster its community.

The Greek Orthodox Church presents an enticing offer: a house and a monthly stipend of US$542(Rs 45,000) for three years to those relocating to the island. Typically, this opportunity is extended to families rather than single individuals.

9. Switzerland

Albinen, a Swiss town grappling with a depopulation crisis, offers a compelling incentive for relocation.

Prospective residents stand to receive US$53,000(Rs 44 lakh), but there are specific criteria: individuals must be under 45 years old, commit to residing in the town for a decade, and possess Swiss citizenship.

10. United Kingdom

The island of Sark, situated within the Bailiwick of Guernsey in the UK, introduces the Sark Society program to entice newcomers. This initiative extends funding of up to US$20,000(Rs 16 lakh) along with a one-year visa to those interested in relocating to the island.

In response to a significant shortage of teachers despite boasting one of the world's best education systems, England offers a solution: a payment of US$12,699(Rs 10 lakh) to educators planning to make the move.

11. Austria

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Austria's Red-White-Red Card Program extends a welcoming hand to non-EU/EEA and non-Swiss citizens seeking employment opportunities in the country.

This initiative provides a one-year visa along with financial assistance to facilitate their relocation to Austria.

12. Italy

In Italy, numerous small towns offer enticing incentives for relocation.

For instance, the southern town of Candela provides approximately US$870(Rs 72,000) for singles and around $2,175(Rs 1.8 lakh) for families willing to make the move. The condition is that individuals must establish their permanent residence in Candela, secure employment, and invest in a house constructed before 1991.

In Sicily, the charming town of Sambuca di Sicilia offers homes for a symbolic price of just US$1.09(Rs 85) in an effort to bolster its population. However, recipients are required to renovate the property within three years and provide a US$5,900 (Rs 5 lakh) security deposit, which is refundable upon completion of the renovations.