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Idyllic Italian Village will PAY you up to £ 40,000 to live there

Idyllic Italian Village will PAY you up to £ 40,000 to live there and will only charge ‘token’ rent

  • The aging Italian village of Santo Stefano di Sessanio offers potential residents up to £ 40,000 to move there
  • The picturesque region is currently home to only 115 residents, 13 of whom are under 20 and 41 over 65
  • The city has listed a number of key skills it hopes to attract, including tourist guides, cleaners and pharmacists

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The aging Italian village of Santo Stefano di Sessanio is offering to pay potential residents up to £ 40,000 to move there in an attempt to reboot the economy.

The picturesque hilltop town is nestled in the mountains of the Abruzzo region and currently has just 115 inhabitants, 13 of whom are under 20 and 41 over 65.

The city authorities said it was ‘essential’ to do something to ensure ‘sustainable and lasting development’ of the area, which lies within the beautiful Gran Sasso e Monti della Laga National Park.

The offer includes a monthly wage of up to £ 7,200 for the first three years, which equates to £ 21,000 in total.

The aging Italian village of Santo Stefano di Sessanio offers to pay potential residents up to £ 40,000 to move there in an attempt to reboot the economy

The aging Italian village of Santo Stefano di Sessanio offers to pay potential residents up to £ 40,000 to move there in an attempt to reboot the economy

Street scene of Santo Stefano di Sessiano, Italy, which currently has only 115 inhabitants, 13 of whom are younger than 20

Street scene of Santo Stefano di Sessiano, Italy, which currently has only 115 inhabitants, 13 of whom are younger than 20

Street scene of Santo Stefano di Sessiano, Italy, which currently has only 115 inhabitants, 13 of whom are younger than 20

The city council said it was 'essential' to do something to ensure 'sustainable and lasting development' of the area, which lies within the beautiful Gran Sasso e Monti della Laga National Park.

The city council said it was 'essential' to do something to ensure 'sustainable and lasting development' of the area, which lies within the beautiful Gran Sasso e Monti della Laga National Park.

The city council said it was ‘essential’ to do something to ensure ‘sustainable and lasting development’ of the area, which lies within the beautiful Gran Sasso e Monti della Laga National Park.

The money would be paid in monthly installments to new residents of the medieval stone village.

New residents would be given a home to live in where they would have to pay an as yet to be determined amount in rent, although it would only be a ‘symbolic’ amount.

Those wishing to start a business there to help the local town will be further supplemented by the City Council with a one-time grant of £ 18,000.

However, the offer is only available to those who are residents of Italy, or have the legal option to become an EU citizen.

New residents would get a house to live in that they would have to pay an amount to be determined in rent on

New residents would get a house to live in that they would have to pay an amount to be determined in rent on

New residents would get a home to live in that they would have to pay an amount to be determined in rent on

Those wishing to start a business there to help the local town will be further supplemented by the local council with a one-time grant of £ 18,000

Those wishing to start a business there to help the local town will be further supplemented by the local council with a one-time grant of £ 18,000

Those wishing to start a business there to help the local town will be further supplemented by the local council with a one-time grant of £ 18,000

The small and charming medieval stone village, in the Gran Sasso National Park, in the Abruzzo region, has listed some important skills it hopes to attract, including tourist guides, cleaners, pharmacists and those who can promote local food products

The small and charming medieval stone village, in the Gran Sasso National Park, in the Abruzzo region, has listed some important skills it hopes to attract, including tourist guides, cleaners, pharmacists and those who can promote local food products

The small and charming medieval stone village, in the Gran Sasso National Park, in the Abruzzo region, has listed some important skills it hopes to attract, including tourist guides, cleaners, pharmacists and those who can promote local food products

The city has listed a number of key skills it hopes to attract, including tourist guides, cleaners, pharmacists, and those who can promote local food products.

Applicants must also be between the ages of 18 and 40 and remain in the village for a minimum of five years.

Mayor Fabio Santavicca said CNN Travel that he wanted to ‘enable the village to continue living’.

Applicants must also be between the ages of 18 and 40 and remain in the village for a minimum of five years

Applicants must also be between the ages of 18 and 40 and remain in the village for a minimum of five years

Applicants must also be between the ages of 18 and 40 and remain in the village for a minimum of five years

Village of Saint Stephen of Sessanio, Italy, which is 1250 meters above sea level in the beautiful Gran Sasso e Monti della Laga National Park

Village of Saint Stephen of Sessanio, Italy, which is 1250 meters above sea level in the beautiful Gran Sasso e Monti della Laga National Park

Village of Saint Stephen of Sessanio, Italy, which is 1250 meters above sea level in the beautiful Gran Sasso e Monti della Laga National Park

City of Santo Stefano di Sessanio in Abruzzo, Italy. Mayor Fabio Santavicca said he wanted to 'enable the village to continue living'

City of Santo Stefano di Sessanio in Abruzzo, Italy. Mayor Fabio Santavicca said he wanted to 'enable the village to continue living'

City of Santo Stefano di Sessanio in Abruzzo, Italy. Mayor Fabio Santavicca said he wanted to ‘enable the village to continue living’

The scheme started on October 15, and around 1,500 people have signed up so far.

The city council aims to keep about 10 new residents or five couples for the time being.

“We want to increase the number gradually and we have to work with the housing that belongs to the authorities,” said Santavicca.

Applications for the scheme must be submitted by November 15th.

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