Architecture & Real Estate | September 25, 2022 6:08 pm

The Island of Sardinia Will Pay You $15K to Live There

There are some conditions, though

Sardinia from above
Sardinia, seen from above.
Luca Cassani/Unsplash

What’s better than living on a scenic island located in the Mediterranean? This is not a trick question. The answer is “getting paid to live on a scenic island located in the Mediterranean.” As it turns out, Sardinia — located off of Italy’s western coast — is looking to address a loss of people by offering potential new residents a very lucrative incentive to make the island their home.

As CNBC recently reported, Sardinia will pay up to 3,000 people grants of up to €15,000 (currently just under $15,000 at the current exchange rate) to move there. There are some guidelines specifying where you’d need to move and how you’d need to use the aforementioned grant, though. The biggest caveat involves the size of the town where you’d move. Anywhere with a population of over 3,000 people is out — so if you’d had your heart set on moving to Cagliari with some extra spending money, we have some bad news for you.

There are some restrictions on the way the grant is used, too. It’s intended to be utilized as part of a home renovation effort; you’d also need to live there all year long and register the island as your place of residence.

As catches go, though, that all doesn’t sound too bad. It doesn’t hurt that the island is also home to intriguing art museums and storied soccer teams, among other features. It might just be the perfect destination to make a home.