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December 30, 2023

Small Towns Offering Big Incentives for New Residents: Free Land, Cash Handouts, and More

Summary: Small Towns Offering Big Incentives for New Residents

Key Takeaways:

The Rise in Towns Offering Perks

– There’s a growing trend among small towns offering sweet deals like cash incentives or free land to lure in new residents.
– This phenomenon isn’t just stateside; it’s a global trend, from Italian villages to midwestern American towns.

Money Talks and Towns Walk

– These new schemes offer generous incentives which can include cash hand-outs or tax breaks for small business owners or real estate investors.
– These incentives are a bid to help rejuvenate their economies, increase the population, and promote tourism.

Land for Free, If You Please

– Not just about the Benjamins, some towns are offering free land to people willing to build new houses on them.
– The common catch? Reside there for a certain amount of time and contribute to the community.

Notable Towns Making Offers

– American towns like Topeka, Kansas and Harmony, Minnesota, and Mascot, Nebraska, are offering cold-hard cash or rebates to new homeowners.
– Across the globe, unique incentives come from municipalities in Italy and Greece, like Candela and Antikythera, offering compensation for moving costs, rent, or renovations.

Ticking the Right Boxes

– Every town’s deal is different. Some conditions require a new business, others need significant property purchase, full-time residency, and even stipulated face-time with town locals.

Hot Take

Say goodbye to the Big Apple guys and gals because it looks like Small Town, USA (and Italy…and Greece…) is where it’s at! Who needs the hustle and bustle (and rent prices) of city life when you can opt for the peaceful countryside, great community vibe, and…FREE LAND? All those games of Monopoly have finally paid off!

Oh, and the added cash hand-outs don’t hurt either. Instead of a tiny overpriced apartment in a big city, consider a spacious one in Mascot, Nebraska. But be ready to exchange your morning Starbucks run for a chit-chat at the local diner. Better practice your small talk and your bread-baking skills, because the locals won’t accept a venti caramel macchiato as an apology for forgetting the town’s potluck.

Remember, to them, you’re not just a statistic inflating rent prices and making brunch queues longer. There, “community” is not just a word in the dictionary, but a way of life, and you, my friend, are going to be a part of it. So pack up your suitcase and fill your wallet – fame, fortune, and freebies await in places where cows may well outnumber humans! In this real estate market, you’ll be laughing all the way to the countryside!

Original article: https://www.inman.com/2023/12/27/get-packing-10-places-that-will-pay-you-to-live-there-in-2024/

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Martin Towers


Martin is an ex Real Estate Agent turned digital marketer and entrepreneur now specialising in helping Realtors all around the world

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