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Swiss Town is paying people £50,000 to move there

Home> News

Published 18:38 9 Mar 2023 GMT

Swiss Town is paying people £50,000 to move there

This could be the perfect solution to the cost of living crisis

Emma Guinness

Emma Guinness

If you've been thinking about leaving the UK because of the rising cost of living, then you might want to consider Switzerland.

This is because a Swiss Town is paying people a whopping £50K just to move there - seriously.

The village of Albinen is absolutely stunning, but unfortunately, employment opportunities in the area are few and far between, which is why it's suffering from a declining population.

Albinen is stunning, but its population is in decline.
Shutterstock

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However, if you work from home and plan to do so long-term, this won't necessarily be a problem for you.

In fact, if you're part of a family looking to make the move, you'll be rewarded with a new life in a beautiful, famously clean place - and you'll get some cash to sweeten the deal too.

Families of four are being offered 25,000 Swiss Francs (£22,406.75) per adult to move there and 10,000 Francs (£8,963.94) per child.

But like all good things, there are some additional requirements.

Your family needs to be under the age of 45, be a Swiss citizen or have a permit C residence.

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The latter takes you five years to get if you're a member of the EU, but it's bad news for us Brits for as those outside the union, it can take up to 10 years to obtain.

Switzerland is full of scenic spots to explore.
Shutterstock

You can't just live anywhere either and you will need to move into a home with a minimum value of at least 200,000 Francs (£179,260) - although we're sure that the money offered to move would help make this more of a possibility.

This home will need to be a permanent one for you and you must commit to living in the scenic town for a minimum of 10 years.

Should you leave before this period has elapsed, then, unfortunately, you'll need to pay the money back.

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But if this still sounds like the perfect solution to your cost of living woes, then you can find out more about the scheme here.

There are a lot of benefits to making the move.
Shutterstock

Needless to say, the benefits of living in Switzerland go beyond the stunning appearance of this town and the money.

The country has one of the best education systems in the world, so it's a great choice if you're a family with young children.

It's also got one of the world's highest life expectancies, which we think says everything, and men can expect to live until they're 79 and women until they're 84.

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Switzerland is also a really safe country and violent crime is rare.

Oh, and the food is fantastic - don't forget that one.

Featured Image Credit: Shutterstock

Topics: News

Emma Guinness
Emma Guinness

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