KEY POINTS
  • Update: Since this article was published, the Mayor has retracted the offer.
  • Italian village of Bormida offers $2,100 incentive to boost population.
  • Rent of just $54 per month will be available to successful applicants.
  • The mountainous village is one of many in Italy to attract new inhabitants.

A remote village in Italy is promising cheap rent and a lump sum of $2,170 to anyone who agrees to move there in a bid to boost its dwindling population.

Mayor Daniele Galliano of Bormida hopes that the incentive will breathe new life into the mountainous village in north-west Italy, which is home to just 394 inhabitants.