Swiss Village Might Pay Families £50,000 to Move There

Photo by Xenos (cc-by-sa/3.0)

Residents of a small village in the southwestern part of Switzerland are set to vote on a policy offering money to outsiders if they decide to move there.

The proposal was made after an exodus of permanent of residents that were living Albinen, near Leukerbad in Valais during the past years. Most of the houses in the idyllic village are utilised as holiday homes.

Commune Beat Jost informed ATS, the Swiss national news agency, that three (3) families have recently left the village and the loss of eight pupils meant that the local school had to close down.

According to the newsletter of the village, Families who decide to build or buy a house in the village could soon be given a payment amounting to 25,000 francs (£19,000) for each adult and 10,000 (£7,600) francs for each child.

A family that consists of four people could be given 70,000 francs (£53,000) to make the relocation.

However, some conditions are attached to the said stipend. Possible residents must be under the age of forty-five (45), and they must stay for at least ten (10) years.

The house they build or buy has to be worth at least 200,000 francs (£152,000), and it must be their primary residence.

The village is set to pay for the said policy with a fund costing amounting to 100,000 francs per year. A newsletter to residents said that the community would benefit in return through construction contracts and taxes.

“It is an investment in the village’s future,” said the newsletter.