Travel

4 European Countries That Will Pay You to Move There

Map of Italy showing Presicce location in Southern region

I once stood on a platform in a small Italian station at nine in the evening, watching the last train pull away with nothing but a paper map and a stubborn sense that somewhere there, I should be living. If you’ve ever thought about moving abroad but need something more than inspiration to take the plunge, these four European countries might be exactly the nudge you’re looking for.

1. Italy — Presicce

The Southern Italian town of Presicce is offering up to 30,000 Euros (around $32,000 USD at the time of writing) to anyone willing to move there and take up residency. The catch: you need to buy an abandoned dwelling in the area first. The houses listed as part of this initiative are relatively affordable — around $25,000 USD each. More details on eligibility and application steps are available on {{link:https://www.comune.presicce-pistilli.le.it/en/|the official town website}}.

Overview map of Italy highlighting the Presicce town area

2. Switzerland — Albinen

If mountains and quiet mornings sound like your kind of life, the Swiss village of Albinen has a serious incentive on the table. The program offers up to $27,000 USD per adult and up to $11,000 USD per child. A family of four — two adults, two kids — could receive upwards of $75,000 USD in total. Applicants must be under 45 years old and able to obtain legal permanent residency status in Switzerland. Find the full program details on {{link:https://www.albinen.ch/|the official Albinen website}}.

3. Ireland — Enterprise Ireland

The Emerald Isle has an option for founders, not just families. Enterprise Ireland offers up to $106,000 USD in the form of a convertible note — essentially a loan that can turn into company equity later — to entrepreneurs starting their businesses there. Non-EU residents also get relocation and visa support. Full eligibility criteria are listed on {{link:https://www.enterprise-ireland.com/|the Enterprise Ireland website}}.

4. Greece — Antikythera

Since 2019, the tiny Greek island of Antikythera has been offering families up to $18,000 USD to relocate. The local diocese of the Greek Orthodox Church sponsors the program: a monthly stipend of approximately $500 USD for up to three years, plus land and a house. The goal is simple — repopulate an island that’s nearly empty. News outlets reported the program was still active as recently as 2022, but no official confirmation could be found at the time of publishing. For the latest status, reach out directly to {{link:https://www.gov.gr/en/ministries/ministry-of-migration-and-asylum|Greece’s Ministry of Migration and Asylum}}.

The Golden Hour

One hour that makes any of these moves worth it: Saturday morning at a local market — olive oil, bread from the corner oven, strangers who already know your name. The kind of light that turns an ordinary street into something you’d write home about.

FAQ

Are these programs still active?

The financial figures reflect 2023 exchange rates and program terms may have changed since then. Each country’s official website or embassy page will have the most current information.

Do I need to be an EU citizen?

Not necessarily. Ireland explicitly supports non-EU founders with visa assistance. Italy, Switzerland, and Greece each have their own residency requirements — check the linked official pages for specifics.

What counts as a convertible note?

A convertible note is a short-term loan that converts into equity in your company at a later stage. Think of it as funding that becomes ownership once your business hits certain milestones.

a note from Luna: I still think about that Italian station sometimes. Moving for money sounds practical, but what stays with you is the light, the quiet streets, and the feeling that you chose a place before the place chose you.

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