Bormida, Italy
Photo Credit: Google Street View

The village of Bormida, Italy, with a population of 394 is launching a program that offers €2,000 ($2,100) to anyone willing to move there to stave off the town’s dwindling population.

To combat that downsizing, Galliano began renting out municipal houses for $50 a month for small homes, and up to $130 for larger homes to attract people to move to his small town.

“Instead of seeing a heavy demographic deficit, the situation is stable thanks to the initiatives of the municipal administration to encourage those who, by necessity or pleasure, wish to live in a small mountain community like ours,” Galliano told Il Vostro Giornale.

“The finer details of the cash offer still needed to be ironed out and approved by the local council”, Galliano wrote on his Facebook page. But if all goes ahead, from next year anyone who transfers their residence to Bormida and either rents or buys a property there will be gifted $2,100.