Italian village will pay you €8,000 per year to move there

An Italian village is offering to pay people to move there in the hope that it will boost the number of residents and sustain its economy.

The town council for Santo Stefano di Sessanio, located in the mountains of the Abruzzo region, said that at present, there are only 115 people who live in the municipality. Just 13 of those are under the age of 20, while 41 are over 65.

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Given that those numbers aren’t enough for “a sustainable and lasting development of the territory”, it is planning to pay people up to €8,000 (£7,226) per year, paid in monthly instalments, to go and live there.