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Denoted as eight European cities that will pay for relocation are perfect for retirees, reports New trader u. Ponga, SpainLocated in the Cantabrian Mountains in northern Spain, Ponga is a picturesque village, ideal for nature-loving retirees, as reported by Unian. The locality offers a generous incentive of 3,000 euros for married couples relocating there, as well as an additional 3,000 euros for each child. The requirement of a five-year residency ensures genuine commitment to the community, making it an excellent choice for those looking to settle down in their later years. Albino, SwitzerlandFor retirees dreaming of an alpine retreat in Switzerland, Albino has an attractive offer. This small village in the canton of Valais offers adults up to 45 years old 25,000 Swiss francs (about 25,300 euros), and an additional 10,000 Swiss francs (about 10,120 euros) for each child. This could be an excellent opportunity for those retiring early or for families wishing to move with elderly parents. Borgomeccavalle, ItalyBorgomeccavalle is combatting population decline in the Italian Alps with an irresistible offer. New residents can buy a house for just one euro and receive a further 2,100 euros for opening a business. This initiative is perfect for pensioners who have always dreamed of owning Italian real estate or starting a small business in their retirement. The low cost of entry into the town makes it an appealing option for retirees looking to stretch their pension funds while enjoying a high quality of life. Antikythera, GreeceAntikythera, a small island, offers new residents a home and a monthly stipend of 500 euros for three years. Behind this initiative is the Greek Orthodox Church, aiming to populate the island and preserve its unique culture. Retirees choosing Antikythera can expect a tranquil Mediterranean lifestyle with pristine beaches and a close-knit community. Rubia, SpainIn the northwest region of Galicia, the village of Rubia offers new residents up to 150 euros per month. This initiative is mainly aimed at families, hoping to increase the number of students in local schools. However, retirees can also benefit from this scheme, especially those wishing to move closer to extended family members. It's an ideal location for retirees looking to immerse themselves in Spanish culture and enjoy a relaxed way of life. Candela, ItalyCandela, a small town in the Apulia region of Italy, has implemented a program to attract new residents through financial incentives. While the amounts may vary, the town aims to welcome new residents and maintain its charming way of life. The focus on community makes it an excellent choice for those looking to form new connections and become part of a close-knit society in their retirement. Presicce-Acquarica, ItalyThe towns of Presicce and Acquarica have joined forces to offer up to 30,000 euros for the purchase and registration of a home as the primary place of residence. Additionally, the authorities offer additional funds for newborns, making it an attractive option for retirees looking to move with their families. Sardinia, ItalyThe Italian island of Sardinia offers 15,000 euros to those willing to move to municipalities with fewer than 3,000 inhabitants. This initiative aims to revive small communities and allow new residents to experience life on this beautiful Mediterranean island. For retirees, this means financial incentives and the opportunity to lead a healthier and more active lifestyle. The requirement to use the funds for purchasing or renovating a home ensures that new residents will be invested in their new community.
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