Several countries offer direct financial incentives to encourage foreigners to relocate to specific towns or regions. Many areas with population decline provide monthly payments, grants, or tax breaks to attract residents, while some countries target digital nomads and entrepreneurs to stimulate economic and intellectual investment. The Greek island of Antikythera offers new residents €500 per month for the first three years to boost its population. The Spanish town of Ponga offers skilled foreign workers €2,971 to move there and an additional €2,971 for each baby born, with a five-year residency requirement to receive the incentive. Some programs prioritize renovating heritage homes or launching startups.
It sounds like it's too good to be true-but there really are countries that currently offer financial incentives for foreigners to build a life in specific towns and regions. Many of the regions are seeing a population decline and want to boost the number of residents in given areas, while other countries are specifically seeking digital nomads and entrepreneurs to build start-ups and make financial and intellectual investments in the country and offer grants and tax breaks to sweeten the deal.
If your Pinterest board is full of Mamma Mia-core Greek landscapes, this could be your chance to make your dream of island life come true. The Greek island of Antikythera-with just 45 permanent residents-has implemented an approach to increase its population. The island offers new residents €500 (about $580) per month for the first three years on the island. "We need young families large enough to make Antikythera alive and full of children's voices," Antikythera mayor Efstaratios Charcalakis shared.
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