Yes, you can get paid to live in Europe. I’ll show you how and fill you in on the backstory and the nuances you need to be aware of. But bottom line: Any of these opportunities could put thousands of extra dollars in your pocket—in Italy, Spain and Ireland. I’m talking about funds delivered in the form of straight-up income, tax breaks, nearly free housing, and carrots to entice you to renovate an old place. In the mainstream press, you’ll occasionally see clickbait headlines about these incentive programs—touting that Europe will “pay you” to move there. I always read such things with skepticism—the sort of thing that sounds too good to be true. So I decided to do some research on this. Not all programs are created equal—and some you’ll still read about elsewhere have, in fact, expired. But you’ve still got some good options. And they will, in fact, effectively pay you to live there. Here’s what you need to know… First, some caveats. “Country pays you to move” is almost always not an accurate statement. What’s really happening is that “a small town/region pays you.” Few countries will give you cash to move there. National programs that try to attract immigrants with financial incentives usually involve tax breaks rather than a direct payout. Above all, it’s important to understand that schemes that do give you cash (or a cheap house, land, etc.) to move somewhere have no link to residency. That’s because they are local programs. And immigration policy is run by national governments. So even if you do acquire a property through one of these special incentive schemes, it’s not a guarantee that you’ll be allowed to live in it, which is often a requirement to get the money. With that in mind, here are some places that offer financial incentives. These are places where you really CAN effectively get paid to live in Europe—and the caveats that come with each situation: Italy |
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