Relocating overseas may be a transformative journey that presents chances to become fully immersed in foreign cultures, acquire fresh viewpoints, and possibly even locate a new place of residence.
It’s interesting to note that a number of countries that pay you to move there to entice new citizens. These incentives may come in the shape of grants for money, tax breaks, affordable housing, or other benefits. These ten nations will pay you to relocate and live there.
10 Countries That Pay You to Move There and Live There
1. Chile
Chile has a diverse topography, from the snow-capped Andes to the arid Atacama Desert. Santiago is a creative and innovative city, and the nation’s long coastline provides spectacular vistas and coastal exploration. Chile’s government has invested heavily in entrepreneurship and technology, attracting companies and innovators. Through Start-Up Chile, the government subsidizes budding entrepreneurs at various phases of company development.
Potential Earnings
Build: Receive 10 million pesos (around $14,000).
Ignite: Receive around $30,000 equity-free, with an option for an additional $30,000 extension.
Growth: Receive $80,000 in funding.
Requirements
- Submit an application detailing your startup idea or business.
- Conduct an interview if your application is shortlisted.
Things to Consider
- The application process is competitive, similar to other VC and startup accelerator programs.
- Living in Santiago or other major cities can be relatively expensive compared to rural areas.
Payment Methods
Payments are typically provided as grants and may be subject to certain conditions.
Earning Methods
Start a business or join an existing one to leverage the grants and resources provided by Start-Up Chile.
Pros and Cons
Pros
- Active support for startups and entrepreneurs through Start-Up Chile.
- Access to a diverse and stunning natural landscape.
- Vibrant and modern capital city, Santiago.
- Cultural richness and a thriving arts scene.
- Access to innovative technology and business hubs.
Cons
- Language barrier, as Spanish is the primary language spoken.
- Potential for complex bureaucracy during the application process.
- Climate variability from arid deserts to cooler mountain regions.
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2. Italy
Italy is well known for its iconic food, breathtaking scenery, and lengthy history. The nation has made efforts to bring life back to its rural areas by providing financial incentives to people and families who are prepared to move there. Locations such as Candela and Sambuca di Sicilia provide stunning scenery, easy access to Italy’s renowned food scene, and easy access to historical attractions. Italy hopes to protect and revitalize its smaller communities—whose populations have declined as a result of migration to larger centers—by offering financial incentives.
Potential Earnings
- Candela: €800 ($870) for singles and €2,000 ($2,175) for families.
- Sambuca di Sicilia: Homes sold for €1; security deposit of €5,000 ($5,900) returned upon renovation completion.
Requirements
- Candela: Must move your permanent residence to Candela, have a job, and invest in a home built before 1991.
- Sambuca di Sicilia: Purchase a home for €1 and renovate it within three years at a cost of around €15,000 ($17,800).
Things to Consider
- In Candela, your residency must be permanent, and you must invest in a specific type of home.
- In Sambuca di Sicilia, you must renovate the purchased home within three years.
Payment Methods
Payments may be provided as cash incentives or real estate opportunities.
Earning Methods
- Candela: Secure a job or start a business in the town.
- Sambuca di Sicilia: Invest in real estate and complete renovations to add value to the property.
Pros and Cons
Pros
- Financial incentives to move to rural areas like Candela and Sambuca di Sicilia.
- Rich cultural and historical experiences.
- Access to world-renowned Italian cuisine and wine.
- Proximity to famous cities like Naples and the Amalfi Coast.
- Beautiful landscapes and charming villages.
Cons
- May require investing in older homes that need renovation.
- Limited job opportunities in rural areas.
- Complex administrative processes for visas and permits.
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3. Denmark
Denmark is known for having some of the happiest people on the planet. It has strong welfare systems, excellent living standards, and a welcoming atmosphere for business owners. The nation is a top destination for startups since it promotes sustainability and creativity. The capital city of Denmark is renowned for its expansive green spaces, sophisticated architecture, and effective public transit system. Denmark does not provide direct financial incentives to relocate, but it is a desirable location for families and expatriates due to its robust healthcare and education systems, strong economy, and good work-life balance.
Potential Earnings
- Access to excellent social and welfare benefits.
- Strong support for entrepreneurs and digital nomads.
Requirements
- Obtain a visa to live and work in Denmark.
- Start a business or work in the country.
Things to Consider
- Denmark can be an expensive place to live, particularly in major cities.
- The language barrier may be an issue for some.
Payment Methods
Not direct payments, but access to excellent social and welfare benefits.
Earning Methods
- Start a business or work in the country.
- Take advantage of the robust social and welfare systems.
Pros and Cons
Pros
- High quality of life with excellent education and healthcare.
- Strong support for entrepreneurs and startups.
- Eco-friendly cities and a focus on sustainability.
- Safe and welcoming environment for expatriates.
- Strong work-life balance and progressive social policies.
Cons
- No direct cash incentives to move there.
- High cost of living, particularly in Copenhagen.
- Challenging climate with long, dark winters.
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4. Ireland
Ireland is a desirable area to reside because of its verdant landscapes, fascinating historical monuments, and dynamic cultural scene. The nation aims to attract entrepreneurs and startups from all over the world with Enterprise Ireland, providing access to a large network of resources and financial support. Due to its advantageous location in Europe, Ireland offers business owners access to one of the world’s biggest markets: the single market of the European Union. For foreigners wishing to start a new life in Ireland, the country’s attraction is increased by the friendly and welcoming attitude of the Irish people.
Potential Earnings
Thousands of Euros in funding and tax credits for approved businesses.
Requirements
- Submit an application with your business idea.
- If approved, you must move to Ireland.
Things to Consider
- The application process can be competitive.
- Adjusting to a new culture and environment may take time.
Payment Methods
- Funding provided by Enterprise Ireland.
- Tax credits for approved businesses.
Earning Methods
Start a business in Ireland and take advantage of the funding and tax credits.
Pros and Cons
Pros
- Financial support and incentives for entrepreneurs through Enterprise Ireland.
- Access to the European Union’s single market.
- Beautiful countryside and friendly, welcoming locals.
- Vibrant cultural scene with music, art, and festivals.
- English-speaking country, making the transition easier.
Cons
- Potential competition for business funding and resources.
- Rainy climate and frequent overcast days.
- Limited public transportation options outside major cities.
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5. Albinen, Switzerland
Nestled in the heart of the Swiss Alps, Albinen is a quaint community that offers peaceful living and breathtaking natural surroundings. The community is well-known for its proximity to outdoor leisure pursuits including skiing and hiking as well as its well-preserved historic architecture. Albinen is trying to reverse the trend of its population decline, especially among younger generations, by providing financial incentives to newcomers who agree to stay in the town for a minimum of ten years. The initiative seeks to preserve the community’s distinctive alpine culture while revitalizing it.
Potential Earnings
- $25,000 grant for new residents.
- Additional $10,000 for each child.
Requirements
- Must be under the age of 45.
- Maintain full-time residency for at least 10 years.
Things to Consider
- Commitment to living in the village for a significant period.
- Potential for language barriers (German and French are spoken in the region).
Payment Methods
Provided as a grant upon meeting residency requirements.
Earning Methods
- Secure a job in the village or nearby cities.
- Start a business in the village.
Pros and Cons
Pros
- Financial incentives for moving and settling in the village.
- Stunning alpine scenery and outdoor recreation opportunities.
- Strong economy and stable political environment.
- High standard of living and excellent public services.
- Tranquil lifestyle away from urban noise and pollution.
Cons
- Long-term commitment required (at least 10 years).
- Language barrier, as Swiss German is primarily spoken.
- Limited job opportunities in the village itself.
6. Korea, Thailand, and Vietnam
With their rich cultural histories, Korea, Thailand, and Vietnam are popular destinations for English-speaking foreign teachers looking to teach English and other topics. You can enjoy the serene beauty of Jeju Island or the vibrant metropolitan life of Seoul when you visit Korea. Thailand offers picturesque beaches, energetic cities, and a reasonably priced standard of living. Vietnam offers a unique blend of modernity and tradition in its vibrant cities like Ho Chi Minh City and breathtaking natural beauty. Teaching positions in these nations provide a means of pursuing travel, career advancement, and cultural immersion.
Potential Earnings
Job offers in teaching English or other courses.
Requirements
- Obtain a work visa.
- Typically need a degree and teaching certification.
Things to Consider
- Cultural differences and language barriers may be challenging.
- Adjusting to a new environment can take time.
Payment Methods
Salaries provided for teaching jobs.
Earning Methods
Teach English or other courses to earn a salary.
Pros and Cons
Pros
- Opportunities to teach English and other subjects.
- Rich cultural experiences and low cost of living.
- Access to delicious and diverse cuisines.
- Unique and distinct histories and traditions.
- Beautiful landscapes and unique travel experiences.
Cons
- Potential challenges adjusting to local customs and traditions.
- Language barriers, as each country has its own official language.
- Bureaucratic processes for work visas and permits.
7. Mauritius
The island paradise of Mauritius is well-known for its breathtaking beaches, rich cultural heritage, and robust economy. The government of the nation encourages innovation and entrepreneurship by offering financial incentives to companies wishing to locate in Mauritius. The island nation provides free healthcare and excellent education to its citizens in addition to its stunning environment. Its diverse population, which is inspired by French, African, Chinese, and Indian traditions, offers immigrants a warm and inviting atmosphere.
Potential Earnings
20,000 Mauritian Rupees (around $440) for startups that move there.
Requirements
Present a profitable business idea to a committee for approval.
Things to Consider
- The process can be competitive.
- Adjusting to island life may require some adaptation.
Payment Methods
Funding provided as a grant.
Earning Methods
Start a business in Mauritius and use the funding to grow.
Pros and Cons
Pros
- Financial incentives for startups and businesses.
- Multicultural society with diverse traditions and cuisine.
- High-quality education and free healthcare for residents.
- Beautiful natural landscapes, including beaches and parks.
- Thriving economy and investment opportunities.
Cons
- Possible challenges adjusting to local regulations and business practices.
- Potential for economic fluctuations impacting startups.
- Language barrier, as the primary languages include English and French.
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8. Ponga Villages of Spain
Ponga is a charming area in northern Spain that features breathtaking mountain views and verdant valleys. The neighborhood, which is well-known for its rustic charm, aims to draw in young families and couples in order to boost its declining population. Financial incentives are offered to those who relocate to Ponga and remain there for at least five years. If they have children, more funding is available. Beyond the advantages, Ponga provides a tranquil way of life, easy access to outdoor leisure pursuits, and close proximity to Spain’s rich cultural and historical heritage.
Potential Earnings
- €3,000 (around $3,262) for moving there and staying for five years.
- Additional €3,000 for each child.
Requirements
- Be part of a young couple willing to move to Ponga.
- Stay in Ponga for at least five years.
Things to Consider
- Adjusting to rural life in a small community.
- Language barriers may be present.
Payment Methods
Funds provided upon meeting residency requirements.
Earning Methods
- Secure a job or start a business in Ponga.
- Receive additional funds for having children.
Pros and Cons
Pros
- Financial incentives for young couples and families.
- Additional funds for having children.
- Beautiful landscapes and outdoor recreation opportunities.
- Peaceful rural lifestyle away from urban hustle.
- Access to Spanish culture, cuisine, and traditions.
Cons
- Need to commit to staying for at least five years.
- Limited job opportunities in the rural area.
- Potential isolation from larger cities and amenities.
9. Saskatchewan, Canada
In the center of Canada, Saskatchewan offers wide-open spaces and a strong sense of community. Under the province’s Graduate Retention Program, tax credits of up to CAD 20,000 (about $15,000 USD) over ten years are offered to college graduates as an incentive to remain in Saskatchewan. The program’s objectives are to protect talented individuals and promote the province’s economy. Saskatchewan appeals to recent graduates seeking to launch successful careers and lead fulfilling lives because of its robust employment market, stunning national parks, and leisure activities.
Potential Earnings
Up to CAD 20,000 in tax returns over 10 years.
Requirements
- Must have graduated from a post-secondary school on the list of approved institutions.
- Maintain residency and file taxes in Saskatchewan.
Things to Consider
- Adjusting to the climate, which can be cold in winter.
- Rural areas may have fewer amenities compared to cities.
Payment Methods
Tax returns provided over a 10-year period.
Earning Methods
Work in Saskatchewan and maintain residency to receive tax returns.
Pros and Cons
Pros
- Financial incentives for graduates through tax credits.
- Access to beautiful national parks and outdoor activities.
- Strong job market, especially for recent graduates.
- High quality of life and strong community ties.
- English-speaking region, easing the transition.
Cons
- Long-term commitment required to benefit from incentives.
- Harsh winters and cold climate for much of the year.
- Limited cultural and social opportunities compared to larger cities.
10. New Zealand
Magnificent fjords, powder-soft beaches, and verdant vineyards are just a few of New Zealand’s many natural wonders. The nation has grown in popularity as an adventure travel destination because it has top-notch skiing, amazing hiking, and exhilarating pursuits like jet boating and bungee jumping. New Zealand’s breathtaking landscapes have been highlighted in popular films like The Lord of the Rings.
Potential Earnings
Land and housing packages are available for $165,000, significantly below market rates.
Requirements
- Commit to moving to and residing in Kaitangata.
- Purchase the available land and housing packages.
Things to Consider
- The town is looking to increase its population, particularly among families and younger residents.
- Access to urban amenities may be limited compared to larger cities.
Payment Methods
The program offers land and housing packages at a reduced cost rather than direct cash payments.
Earning Methods
- Invest in the land and housing packages for potential long-term appreciation.
- Secure a job in the town or nearby areas.
Pros and Cons
Pros
- Affordable land and housing packages in Kaitangata.
- Stunning natural landscapes and outdoor recreation opportunities.
- High quality of life and friendly locals.
- Strong focus on sustainability and conservation.
- Well-regarded education and healthcare systems.
Cons
- Limited job opportunities in smaller towns like Kaitangata.
- Distance from major international markets and regions.
- Potential for language barriers for non-English speakers.
Conclusion
Moving to a new nation can be thrilling and life-changing, bringing personal and professional growth. While the 10 countries in this article may not pay you directly with cash, they offer unique programs and incentives that can drastically reduce moving and settling costs.
These countries are aiming to revive their communities by luring new residents, which is a great chance for families and individuals looking to start over.
Before choosing, carefully analyze each country’s criteria, cultural differences, and potential issues. These countries provide intriguing choices for entrepreneurs, fresh graduates, and those seeking a change. With careful planning and an open mind, you may enjoy a satisfying new life overseas.
