Home is where you feel most alive; sometimes, all it takes is a new place to call home.
Have you ever imagined what it would be like to pack up and start fresh somewhere completely new and get paid to do it?
Yes, you read that right.
Around the world, countries that pay you to move there are offering generous financial incentives to attract newcomers.
And it’s not just a small boost; we are talking offers that range from €15,000 in certain Italian villages to nearly $92,000 for those moving to remote islands in Ireland.
Let's face it: life in the United States has seen its fair share of rising costs, with average living expenses increasing by about 8.3% from 2021 to 2023.
Meanwhile, many of these relocation programs offer additional perks, such as low-cost housing, work opportunities, and even extra funds for families.
For instance, Switzerland’s village of Albinen offers up to $25,000 for each adult relocating, with an additional $10,000 per child.
Imagine the savings and quality of life improvements possible by moving to a place that values your presence so much they will cover a large part of your transition costs!
But why are these countries so eager for new residents?
Many of these incentives come from regions where birth rates have dropped significantly over the years or where younger generations have left for bigger cities.
By attracting fresh faces, these countries hope to revive their communities and create a more sustainable future.
If you have ever dreamed of a new start, this might just be your sign.
Why Do Countries Offer Financial Incentives for Relocation?
Before we get into the specifics, it's essential to understand why these incentives exist.
Population Decline
Many countries, especially in Europe, face shrinking populations in rural areas.
Birth rates have plummeted in countries like Italy, where the birth rate is just 1.3 children per woman, well below the 2.1 needed to maintain a stable population.
These financial incentives are a strategic move to bring in new residents and restore balance in areas with few young people.
Revitalizing Local Economies
Depopulated towns lack the workforce needed to support local businesses, which drives economic stagnation.
By attracting newcomers, countries can stimulate local economies through new spending and job creation.
For example, Portugal’s inland areas offer relocation grants, hoping that new residents will boost their economies through tourism and trade.
Preserving Cultural Heritage
Regions with dwindling populations risk losing their unique cultural identities and traditions.
Places like Albinen, Switzerland, attract families with financial incentives to help keep schools, local traditions, and community life intact.
Housing Market
Abandoned homes and declining property values are a real issue in these regions.
Topeka, Kansas, and several Italian towns offer cash grants to newcomers who invest in homes.
In Italy, thousands of homes are sold for as little as €1, provided that their new owners renovate them.
Supporting Aging Populations
Many of these regions are home to older residents who need community support.
For instance, in countries like Spain, over 19% of the population is over 65 years old.
They are attracting younger families to balance this demographic shift.
Top Countries That Will Pay You to Move There in 2024
Let’s discuss some top countries that will pay you to move there in 2024, with the details that make each place unique.
Italy
Sardinia: Sardinia offers up to €15,000 ($16,000) to those willing to settle in villages with fewer than 3,000 residents.
Presicce-Acquarica: It is located in Puglia, and this town offers newcomers up to €30,000 to purchase a property and settle down.
Ireland
Living Islands: Ireland's plan provides up to €84,000 ($92,000) to encourage people to move to one of its 30 remote islands and invest in revitalizing these locations.
With fresh air and scenic landscapes, this is an ideal opportunity for those looking for peaceful living.
Portugal
Emprego Interior MAIS: Portugal’s program offers up to €5,000 ($5,400) for relocation to less populated inland areas.
It is perfect for remote workers or freelancers wanting a culturally rich environment.
United States
Tulsa, Oklahoma: The "Tulsa Remote" program offers $10,000 to remote workers and a $1,000 housing stipend to help newcomers settle in.
Topeka, Kansas: The "Choose Topeka" initiative offers up to $15,000 for homebuyers or $10,000 for renters. It also supports people who are willing to make Topeka their new home.
States in the U.S. That Will Pay You to Move There
If you’re considering a move within the United States, several states offer relocation incentives to remote workers, entrepreneurs, and families looking for a new start.
Vermont
Through the Remote Worker Grant Program, Vermont offers up to $10,000 for remote employees who relocate to the state.
This incentive is launched to attract talent and boost the state’s rural economy.
It provides a significant financial boost to cover relocation and setup costs.
Alabama
In the small town of Hamilton, Alabama, new homeowners can receive up to $5,000 to purchase and settle into a property.
By giving this incentive, the state hopes to encourage community growth and bring in new families who will contribute to the town’s local economy.
Mississippi
Natchez is a historic city on the Mississippi River and offers $6,000 to attract professionals in fields like healthcare and education.
Natchez is ideal for those who value close-knit communities and are looking for a charming place to live and work.
Cities That Will Pay You to Relocate There
If a specific city vibe appeals to you more than an entire state, you’re in luck!
Several U.S. cities have unique relocation programs to attract newcomers.
Tulsa, Oklahoma
Tulsa Remote provides $10,000 to remote workers who relocate to Tulsa, a $1,000 housing stipend, and a free co-working space membership.
The city is aiming to attract young professionals and digital nomads.
Chattanooga, Tennessee
The Chattanooga Moving Program offers up to $2,500 for tech professionals and entrepreneurs willing to relocate.
Chattanooga is known for its strong gig-speed internet and growing tech sector.
It aims to position itself as a tech-friendly city and offer resources to remote workers who want a fast-paced internet connection.
Topeka, Kansas
Through the Choose Topeka initiative, Topeka offers $10,000 for renters and up to $15,000 for homebuyers who choose to move to the city.
This program specifically targets those who are looking to buy property and aiming to boost the housing market.
Benefits of Moving to Incentive-Offering Countries
Choosing a country that will pay you to move there eases the financial burden and brings unique perks for individuals and businesses.
Incentives for Individuals | Incentives for Companies |
---|---|
Lower income taxes, making living costs more manageable. | Tax reductions to encourage businesses. |
Subsidies to help purchase or rent homes. | Funding support for new or expanding businesses. |
Coverage for transportation and setup costs. | Easier processes for business setup. |
Resources to help find jobs, from career counselling to placements. | Aid in hiring skilled employees. |
Subsidized or universal healthcare options. | Grants for research and innovation projects. |
Wooden planks | To create a path for easier rolling. |
How to Apply for Relocation Incentives
How you can make the move and claim these benefits?
Here’s a step-by-step guide:
Research Programs: Explore programs in countries like Canada, Italy, or Portugal.
Government websites are the best place to start, as they often provide detailed eligibility information.
Check Eligibility: Make sure you meet any specific requirements, such as professional skills or educational qualifications.
Resources like Expatica offer country-specific guidance.
Prepare Documents: Gather necessary paperwork, including identification, financial records, and any professional certifications.
Services like VisaHQ can help organize these documents.
Submit Your Application: Many countries offer online applications.
For example, you can apply for incentives in New Zealand through their Immigration Online portal.
Stay in Touch: After submission, keep track of your application status.
Canada’s MyCIC portal offers real-time updates and guidance on what comes next.
Eligibility Criteria to Consider
If relocating sounds like your kind of adventure, check out the typical eligibility criteria for these programs:
Professional Skills: Many programs look for specific skills that are in demand, such as healthcare, tech, or trades.
Employment Requirements: Some countries require you to have a job offer or be self-employed to qualify.
Educational Background: Higher education or specialized training can be a plus.
Financial Stability: Many programs ask for proof of funds to make sure you are financially prepared for the move.
Health and Background Checks: Be prepared for health screenings and a background check to meet the country’s requirements.