Dreaming of a fresh start abroad? Several European countries are actively recruiting new residents through generous relocation incentive programs. If you’re considering places that will pay you to live there, Europe’s most attractive offers could make your dream surprisingly affordable. Here’s what you need to know about four compelling destinations offering substantial financial rewards to relocate.
Irish Islands: The Biggest Prize at $82,000
Ireland’s “Our Living Islands” initiative tops the list with payments reaching approximately $82,000 for those willing to settle on remote offshore islands. This ambitious program aims to revitalize and sustain vibrant communities across 30 designated islands without mainland bridge connections.
The catch? You’ll need to purchase a pre-1993 property that has stood vacant for at least two years, then renovate it using the government grant. Critically, the home must serve as your primary residence—investment uses like Airbnb rentals are strictly prohibited. The substantial compensation reflects both the remote location and the government’s commitment to preventing island depopulation.
Sardinia, Italy: $15,000 Plus Real Estate Value
Italy’s Sardinian relocation scheme offers approximately $15,000 in compensation, though the true value lies in purchasing or renovating property in municipalities with fewer than 3,000 residents. Here’s the requirement: you must spend at least double the grant amount on property acquisition or renovation, then commit to permanent residency within 18 months.
Unlike Ireland’s program, Sardinia positions itself as an escape into Mediterranean lifestyle—think beaches, wine regions, and year-round outdoor activities. The trade-off is more substantial financial investment on your part, but the result is permanent residence in one of Europe’s most desirable island destinations.
Antikythera, Greece: $515 Monthly for Three Years
Greece’s Antikythera program operates differently, offering approximately $515 per month for three consecutive years (up to five families). The bonus? New-construction homes are provided rent-free to qualifying residents on this Aegean island positioned near Crete’s northwestern coast.
However, this island living arrangement requires genuine commitment: no banks, no ATMs, limited shopping infrastructure, and ferry-dependent accessibility. The program suits those seeking authentic island living over modern convenience, making it less attractive for digital nomads requiring extensive infrastructure.
Ponga, Spain: $3,100 With Small-Town Trade-Offs
Spain’s smallest incentive comes through Ponga, a UNESCO biosphere-designated mountain town in Asturias offering $3,100 per person—conditional on a five-year residency commitment. The picturesque river-valley location provides genuine natural beauty, but with a population of just 600 residents and the nearest urban center 90 minutes away, true small-town isolation defines daily life here.
Evaluating Your Best Option
Comparing places that will pay you to live there requires balancing financial compensation against lifestyle expectations and residency commitments. Ireland maximizes monetary incentive but demands substantial home renovation. Italy requires serious co-investment but offers Mediterranean appeal. Greece provides continuous income over three years but sacrifices infrastructure. Spain demands longest commitment for smallest reward but attracts those genuinely seeking rural tranquility.
Your decision ultimately hinges on whether you’re seeking maximum cash, ideal location, or sustainable long-term community integration.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
European Relocation Programs: Where You Can Earn Up To $82K Just for Moving
Dreaming of a fresh start abroad? Several European countries are actively recruiting new residents through generous relocation incentive programs. If you’re considering places that will pay you to live there, Europe’s most attractive offers could make your dream surprisingly affordable. Here’s what you need to know about four compelling destinations offering substantial financial rewards to relocate.
Irish Islands: The Biggest Prize at $82,000
Ireland’s “Our Living Islands” initiative tops the list with payments reaching approximately $82,000 for those willing to settle on remote offshore islands. This ambitious program aims to revitalize and sustain vibrant communities across 30 designated islands without mainland bridge connections.
The catch? You’ll need to purchase a pre-1993 property that has stood vacant for at least two years, then renovate it using the government grant. Critically, the home must serve as your primary residence—investment uses like Airbnb rentals are strictly prohibited. The substantial compensation reflects both the remote location and the government’s commitment to preventing island depopulation.
Sardinia, Italy: $15,000 Plus Real Estate Value
Italy’s Sardinian relocation scheme offers approximately $15,000 in compensation, though the true value lies in purchasing or renovating property in municipalities with fewer than 3,000 residents. Here’s the requirement: you must spend at least double the grant amount on property acquisition or renovation, then commit to permanent residency within 18 months.
Unlike Ireland’s program, Sardinia positions itself as an escape into Mediterranean lifestyle—think beaches, wine regions, and year-round outdoor activities. The trade-off is more substantial financial investment on your part, but the result is permanent residence in one of Europe’s most desirable island destinations.
Antikythera, Greece: $515 Monthly for Three Years
Greece’s Antikythera program operates differently, offering approximately $515 per month for three consecutive years (up to five families). The bonus? New-construction homes are provided rent-free to qualifying residents on this Aegean island positioned near Crete’s northwestern coast.
However, this island living arrangement requires genuine commitment: no banks, no ATMs, limited shopping infrastructure, and ferry-dependent accessibility. The program suits those seeking authentic island living over modern convenience, making it less attractive for digital nomads requiring extensive infrastructure.
Ponga, Spain: $3,100 With Small-Town Trade-Offs
Spain’s smallest incentive comes through Ponga, a UNESCO biosphere-designated mountain town in Asturias offering $3,100 per person—conditional on a five-year residency commitment. The picturesque river-valley location provides genuine natural beauty, but with a population of just 600 residents and the nearest urban center 90 minutes away, true small-town isolation defines daily life here.
Evaluating Your Best Option
Comparing places that will pay you to live there requires balancing financial compensation against lifestyle expectations and residency commitments. Ireland maximizes monetary incentive but demands substantial home renovation. Italy requires serious co-investment but offers Mediterranean appeal. Greece provides continuous income over three years but sacrifices infrastructure. Spain demands longest commitment for smallest reward but attracts those genuinely seeking rural tranquility.
Your decision ultimately hinges on whether you’re seeking maximum cash, ideal location, or sustainable long-term community integration.