Several cities in Europe offer tempting economic incentives to attract new residents, with the ultimate aim of reversing their population decline. One of these places that seeks young residents is the picturesque village Albinen located in the canton of Vale, in the heart of the . Despite its paradise beauty, this quiet village faces a severe problem of population reduction, since it has only 262 inhabitants. To address the demographic problem, Albinen offers up to 21,000 euros to those who intend to move there. Although starting a new life may seem a difficult case, the Swiss hope that the money incentive will attract potential new residents willing to buy, build, or renovate a home in the impressive Alpine community. CORVERSE Specifically, under the programme, eligible participants receive 20,000 Swiss francs (EUR 21,117) per adult and an additional 10,000 Swiss francs (10,585 euros) for each child. However, there are certain conditions, since young residents must be under 45 years old, to invest at least 200,000 francs (EUR 211,722) in a purchase or construction of property, but also to commit to living in the village for at least ten years. For those thinking about changing their lives, Albinen offers unique views of the Alps, calm environment and high quality of life. After all, Switzerland is consistently ranked among the countries with the best quality of life worldwide, with an average life expectancy of 84 years, that is, four years higher than the OECD average. In addition, Switzerland has one of the lowest crime rates worldwide and is famous for its leading healthcare system. Although the cost of living is high, comparable to cities such as London or New York, the financial assistance of the Albinen program makes the Swiss dream a little more accessible. When the program first appeared, it immediately aroused international interest. Today, officials stress that it is not just a financial aid, but an initiative focusing on the commitment that stakeholders will contribute to the local community.
The fairy-tale village in Switzerland offering 21,000 euros seeking new residents
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in Strange News