This lovely Swiss village will pay you $25,000 to move there

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This lovely Swiss village will pay you $25,000 to move there

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21 November 2017

By | 21 November 2017

The Alps, chocolate and cheese – an idyllic little village in Switzerland wants to pay anyone who is willing to live there for at least ten years

Albinen, a picturesque village in Switzerland, offers 25,000 to every new resident willing to stay there for more than ten years — Xenos/Wkimiedia Commons swiss Group Created with Sketch. Albinen, a picturesque village in Switzerland, is offering $25,000 to every new resident willing to stay there for more than ten years — Xenos/Wikimedia Commons

If an Alpine life of hiking, snow and chocolate is what you have always dreamed of, then one Swiss village wants to pay you $25,000 to find your new home there to combat its shrinking population.

The plan, introduced in Albinen’s newsletter, suggests that the village will pay $25,000 per adult and $10,000 per child to every new resident that will stay in the area for at least one decade. The locals will decide if they agree with the policy in a vote on November 30.

According to the local magazine, the village near Leukerbad in the canton of Valais, which has only 240 inhabitants, is struggling with a decreasing population.

Over past few years, three larger families with eight children together have left which led to closing of the school.

Locals are so worried about the future of their community they have urged the authorities to come up with a solution.

“It is an investment in the village’s future,” says the magazine, translated by the Local.

The newsletter also adds that the new families will pay taxes that will bring a profit to the community. They will spend their money in the village shop and in construction contracts since every new resident will have to buy or build a house.

The Leukerbad spa resort is only six kilometres away from Albinen — Shutterstock switzerland swiss village Group Created with Sketch. The Leukerbad spa resort is only six kilometres away from Albinen — Shutterstock

Young people might bring life back to the village, the article states. That is also the reason why the village would like all people interested to be under 45 years of age.

“In a best case scenario, even the village school will reopen,” the newsletter says.

However, the area suffers from other problems. The job market in the village isn’t too promising, and the subsidy provided by the authorities wouldn’t be sufficient. Luckily, the larger towns of Visp and Sion are only a half-hour drive away, according to commune president Beat Jos.

The starting budget for Albinen’s investment in population will be $100,000 a year, and nobody will have to repay the funds unless they leave the village in less than in 10 years.