A major Italian region will pay €30,000 to foreigners who buy a house there

A major Italian region will pay €30,000 to foreigners who buy a house there
A major Italian region will pay €30,000 to foreigners who buy a house there

Tuscany offers up to €30,000 for moving to rural municipalities – Gettyimages

The region Tuscany of Italy has unveiled a new initiative designed to combat depopulation and revitalize its rural communities. Under the scheme called “Residenzialità in Montagna 2024″will be offered between 10,000 and 30,000 euros to those who wish to buy a home in their mountainous municipalities with less than 5,000 inhabitants. This investment not only seeks to attract new residents, but also ensure the socioeconomic sustainability of these areas.

The lack of resources and the decrease in the youth population have aggravated the situation in many of these villages. According to data published by the region’s portal, previous efforts in different parts of Italy have included house auctions for just a few euros. In Tuscany, however, a more systematic approach is sought that combines a property purchase with the possibility of obtaining substantial funds for the renovation of the acquired homes. Can “receive between 10,000 and 30,000 euros if you buy a house”they reported.

Stefania Sccardithe regional vice president, expressed to Euronews that “[Las montañas toscanas] They are territories of unique beauty with villages waiting to be rediscovered, but they suffer from depopulation”. He added that moving to one of these municipalities “is a challenge and an opportunity, especially for young people.”

To qualify, applicants must be citizens of the European Union or possess a residence permit for at least ten years, be of legal age and currently reside in a non-montane Italian municipality, according to official data from the latest census of Istat. The Tuscany Region clarifies on its portal that the deadline for submitting applications begins on June 12, 2024 and ends the July 27, 2024 to the 1 pm CET.

The “Residenzialità in Montagna 2024” initiative seeks to stop depopulation in municipalities with less than 5,000 inhabitants (Shutterstock)

Additionally, the funds provided will not cover more than 50% of the cost of purchasing and renovating the home. Additional ineligible costs include notary fees, bank fees, brokerage fees, and other associated costs not directly linked to the price of the property. According to him decree 12500 of June 6, 2024residences must be cadastrally categorized as existing and residential properties in the official bulletin BURT.

To ensure correct submission of the application, interested parties must authenticate their digital identity through means such as CNS, Spid either CIE on the official website of the Tuscany Region. Once authenticated, they will be able to complete and submit their form through the specific technological platform.

This effort is framed within a total financial allocation of 2.8 million eurosassigned in the financial budget of the years 2024 and 2025 of the region. Tuscany Region encourages potential beneficiaries to review the detailed conditions and associated documents, available on its official website, to ensure a successful application.

Digital authentication of applicants can be done through means such as CNS, Spid or CIE (Shutterstock).

For those interested in more details, the FAQs and other resources will be available in the sections dedicated to “Bandi and opportunity” on the region’s website.

“Deciding to live in one of these municipalities is a challenge and a great opportunity,” stated Sccardi, highlighting the importance of this project in revitalizing rural areas. The “mountainous areas of Tuscany” They are presented as an attractive option for those looking for a new opportunity for life in an environment blessed by nature and tranquility.

Tuscany is famous for its green hills and imposing mountains rising on the horizon. The Apennine mountain range and the Apuan Alps adorn the landscape with their majestic peaks, offering an idyllic environment for hiking and nature lovers. The Tosco-Emilian Apennines National Park and the Apuan Alps Regional Park are two of the most recognized protected natural areas, where residents and tourists can enjoy hiking trails, bicycle rides and other outdoor activities.

The funds will cover up to 50% of the costs of purchasing and renovating the homes (Getty Images).

Tuscany’s economy is diverse and robust, with agriculture being one of its main activities. Chianti’s vineyards produce some of the most prestigious wines in the world, while the region’s fertile lands also grow olive trees, producing high-quality olive oil. Tuscany is also a major center of marble production, especially in Carrara, whose stone has been used in countless works of art and architecture over the centuries.

Tourism plays a fundamental role in the Tuscan economy. Cities like Florence, Pisa and Siena attract millions of visitors annually thanks to their artistic and historical heritage, iconic monuments and vibrant culture. Furthermore, the industrial and manufacturing sector, especially in the field of fashion and design, also contributes significantly to the local economy.

Furthermore, Tuscan gastronomy is a central part of social life, with cuisine that stands out for its simplicity and the use of fresh and local ingredients. Dishes such as ribollita, pappa al pomodoro and bistecca alla fiorentina are delicacies that every visitor must try.

 
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