Italian town will pay you $10,000 to move in

Tempted by the recent offer of an Italian home for just over a $1? Well, you might want to hold out for a better deal.Now one town in the country is offering foreigners $10,000 to move there. Another says it will even pay newcomers more than $1,000 per child to make babies.The deals may seem too good to be true for many who dream of escaping the rat race for the idyll of a rustic Italian village. For the destinations involved, they represent a last-ditch battle to save the souls of their dying communities.But it’s complicated — this is a country where local property regulations are often tangled up in byzantine legalities.And, of course, it’s a place where attitudes towards foreign incomers are sometimes ambivalent, as highlighted by a recent rise in political hostility towards economic migrants arriving from Africa and the Middle East.The latest deal to beat them all comes from Giovanni Bruno Mattiet, the mayor of the tiny Alpine village of Locana, in Piedmont, the mountainous northwestern region of Italy that borders France and Switzerland.He’s willing to pay up to €9,000, or $10,200, over three years to families willing to move in and take up residency amid snowy peaks and flower-strewn pastures, as long as they have a child and a minimum annual salary of €6,000.”Our population has shrunk from 7,000 residents in the early 1900s to barely 1,500 as people left looking for a job at Turin’s big factories,” Mattiet tells CNN Travel. “Our school each year faces the risk of shutting down due to few pupils. I can’t allow this to happen.”

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