Thinking of moving or relocating to a new city or country? You aren’t alone. Multiple recent surveys suggest that more and more people are considering moving in or relocating to a new country due to rising housing costs or a lack of job opportunities in their home country. Many countries are trying to capitalize on this global relocation movement by offering new residents various incentives, including cash or other financial perks. Here is a list of the 7 countries currently offering financial incentives for new residents.
Remember that these programs may have specific eligibility criteria and conditions that can change over time. So before making any decisions, it’s crucial to research the most recent information about these programs and reach out to the relevant departments or local authorities for the latest details.
Oklahoma, US
The second-largest city in the state of Oklahoma, Tulsa, has a welcoming, small-town atmosphere. However, the city is currently seeing a decline in its population at a rate of -0.3% annually. To combat that, the city has launched an initiative in partnership with the George Kaiser Family Foundation — Tulsa Remote. Participants in the program receive a grant of $10,000, provided in installments over one year. Aside from the grant, Tulsa Remote offers networking events, community engagement opportunities, and connections to local resources to help newcomers integrate into the Tulsa community.
Ponga, Spain
Located in northern Spain, the town of Ponga offers a picturesque landscape and a peaceful way of life. With around 600 residents, the town is now trying to revitalize the community with initiatives such as financial support, grants, or other benefits for new residents. Anyone who chooses to relocate there will be paid a grant of $3000.
Estonia
Estonia boasts diverse landscapes, including forests, lakes, and a picturesque coastline along the Baltic Sea. Estonia’s government offers an “e-Residency program” for entrepreneurs who want to relocate and start a business in Estonia. Eligible candidates will get up to $50,000 in funding and a one-year visa. The program aims to facilitate digital entrepreneurship and global business activities within the country.
Denmark
Do breathtaking natural beauty, breezy seaside scenery, and colorful cities appeal? Then why not make Denmark your home through the Startup Denmark program? Denmark offers the Startup Denmark program to attract and support innovative entrepreneurs and startups worldwide. With up to $50,000 in funding, talented individuals get an early boost to establish and grow their startup businesses in Denmark.
Italy
If the stunning canals and historical monuments in Italy have always appealed, there’s good news for you. A few regions and cities in Italy have gained attention for offering financial incentives to people who choose to settle there. For instance, two southern, coast-lined regions, Presicce-Acquarica and Calabria, are offering people up to 30,000 euros (roughly $30,000) to relocate there.
Greece
You might know that Antikythera is the place where one of the oldest analogic computers ever found. But what you mightn’t know is that Antikythera is offering direct financial incentives to attract new residents. The Greek island joined forces with the Greek Orthodox church to offer new residents a monthly stipend totaling €18,000.
