Many people dream about moving to a new country and starting their lives over. Unfortunately, it is challenging and expensive to make such a drastic life change. People may wonder how they will make money and survive in a foreign country, especially if they are younger and do not have a pension.
One solution to this problem is getting paid to move to a new country. Did you know some countries are actively and desperately looking for new residents? In fact, these countries are even willing to pay people to move there. Would you move to a foreign country if a generous financial incentive was attached? Most people probably would.
Canada
Canada is one of the most welcoming countries in the world. It is a country with low crime, affordable healthcare, and plenty of financial incentives for immigrants to relocate and settle in some regions of Canada.
For instance, the Atlantic provinces and the rural areas of Saskatchewan and Manitoba offer numerous relocation programs with financial benefits for foreigners, such as tax breaks, startup funding for new businesses, and even free land in some cases. Saskatchewan even has a Graduate Retention Program offering up to CAD $20,000 in tax rebates on tuition for college students if they agree to stay in Canada and maintain residency there for at least ten years after graduation.
The students must have graduated from a four-year undergraduate degree program at an approved post-secondary school in Canada to receive the $20,000 rebate on tuition. There are also smaller tax rebates for students who completed a 1 to 3-year college program, but they still have to reside in Saskatchewan for ten years.
New Zealand
New Zealand is another country that offers financial incentives for people to move there. The country actively seeks skilled workers in various fields, including healthcare, construction, and engineering. These financial incentives are usually offered by the local governments of small towns wishing to increase their populations, such as Kaitangata.
New Zealand offers a variety of programs that provide financial support to immigrants, including relocation assistance, job search assistance, and even help with finding housing. The towns will not hand you over a bunch of cash to move to them, but they will offer you a house instead.
The town of Kaitangata offers each immigrant a home worth up to USD $165,000 if they move there.
Chile
Chile is a South American country looking to attract foreign residents to help stimulate its national economy. The government has a program called Startup Chile, which offers funding and support to entrepreneurs who want to start businesses in the country. The program also assists with obtaining visas and finding housing.
For instance, the Chilean government plans to create an international tech hub in its capital city of Santiago. To execute this plan, they offer up to USD $50,000 to tech entrepreneurs to relocate to Santiago and build their businesses there. The first thing you do is sign up for a four-month program to develop your business. If you agree to this plan, the government will give you about USD $14,000 and a one-year visa. Once your business is off the ground, the government will provide up to USD $30,000 to help you expand it.
More financial incentives may be available to larger startups and companies with tremendous growth potential.
Italy
Italy is a country rich in culture and history. Everyone dreams about visiting or living in Italy because it is a beautiful country with many historical landmarks.
The Italian government is actively seeking new residents to help boost its economy. Several programs with financial incentives are available for people willing to move there and start a business, such as tax breaks and subsidies. Italy also has a program called the “Homes for 1 Euro” initiative, which allows people to purchase homes in small towns for just €1.
For instance, the small Sicilian town of Sambuca di Sicilia is desperate to boost its declining population. It sells homes to new residents for only €1 each as a significant incentive to get them to move there.
In return, you must move into the home and refurbish it within three years. Of course, refurbishing the home over three years may cost you about €15,000, depending on the condition. However, it is still a great deal because you’ll own a piece of real estate in an exotic location like Sicily for a super cheap price.
Japan
Japan has an aging population and low birthrates of new Japanese citizens. As a result, they have a shortage of skilled workers.
The Japanese government has introduced several programs with financial incentives to encourage people to move to Japan. These incentives include housing subsidies, Japanese language classes, and job training. The qualifications for these incentives depend on your educational and job background.
The easiest way to move to Japan and receive financial rewards is to become an English teacher there. Many TESL programs offer free apartment rentals, transportation, and airfare reimbursement to foreign English teachers if they agree to sign up for a six-month or one-year contract.
There are many countries out there that are actively seeking new residents and are willing to pay them to move there. From Canada to Japan, these countries offer a variety of financial incentives to help make the move easier and more affordable. So, if you have ever dreamed of starting a new life in a new country, now might be the time to explore your options.