Italian region offers $770 a month to people to move there

Italian region offers $770 a month to people to move there – but there's a catch

Italian region offers $770 a month to people to move there – but there's a catch

A region in southern Italy that has lost the most inhabitants in the country in the last five years is offering people approximately $770 a month for three years to move there, according to reports.

More than 9,000 people have left Molise, a small predominantly mountainous region, since 2014, leaving the population at around 305,000. Not a single birth was registered in nine of its towns last year.

The requirements for accepting the money include moving to a village in the region with fewer than 2,000 residents and a pledge to open a business — any kind of business as long as the investment goes back into the village.