Get Paid to Move to Tuscany

Read the latest on getting paid to move to Tuscany, Sweden's 10-cent land offer, and Germany's new 3-year citizenship law. June 27, 2024 [image] [Event]() | [Citizenship]( Welcome to the Weekly Rundown. Germany's new law, effective June 27, allows immigrants to become citizens in as little as three years. It permits multiple citizenships, reduces residency requirements, and grants automatic citizenship to children of long-term residents. Applicants must commit to democratic principles and reject antisemitism, racism, and inhumane acts. Despite opposition, the government believes this will boost integration and reflect Germany’s diversity. Move to Sweden: Göten Offers Land for 10 Cents Per Square Meter [image]( Göten, a small Swedish town, is selling land for just 1 krona (€0.08) per square meter to attract new residents and counter its aging population and low birth rates. Open to anyone, buyers must start building within two years or forfeit the land. Known for its historical and natural attractions, Göten hopes this initiative will encourage families to settle despite the economic climate. The campaign will run through 2024 and 2025, with three plots already sold and more interest growing. Read the full story [here](. [image] Germany’s Three-Year Fast-Track Citizenship: What You Need to Know [image]() Germany’s new citizenship law, effective June 27, allows immigrants to naturalize in as little as three years. The reform permits multiple citizenships, reduces the residency requirement from eight to five years, and grants automatic citizenship to children of long-term residents. Applicants must commit to democratic principles and reject antisemitism, racism, and inhumane acts. Despite some political opposition, the government believes these changes will enhance integration and acknowledge the contributions of immigrants. Read the full story [here](=). [image] French Far Right Proposes Job Ban for Dual Nationals [image](=) The French far-right party, Rassemblement National (RN), led by Jordan Bardella, has announced plans to ban dual nationals from holding certain "sensitive" jobs if they win the upcoming parliamentary elections. This proposal targets positions in sectors like security and defense to prevent potential foreign interference. Critics, including the Socialist Party, have labeled the measure as "racist" and argue it would require constitutional changes, which could be challenging to implement. Current laws in France already restrict certain roles to French nationals, but they do not exclude dual nationals. Read the full story [here](=). [image] [image]() NOMAD CAPITALIST LIVE 2024 Our event has quickly sold out all general admission tickets. However, a limited number of VIP tickets are still available for our largest event yet, happening in Kuala Lumpur this September. [SEE THE DETAILS]( Dominica and OECS Countries to Increase CBI Prices Effective July 1 [image](=) Dominica, along with other OECS countries participating in Citizenship By Investment (CBI) programs, will implement a Memorandum of Agreement (MOA) starting July 1, 2024. The MOA, signed by Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, and Saint Lucia, aims to enhance cooperation, information sharing, and adherence to best practices. An Interim Regulatory Commission will oversee compliance, develop regional standards, and ensure the integrity of the programs. The initiative seeks to maintain the credibility and robustness of CBI programs across the region. Read the full story [here](=). [image] American Tourists: The New Economic Powerhouse of Europe [image]() American tourists are driving economic growth in southern Europe, with countries like Portugal experiencing a tourism boom. In Lisbon, the influx of American visitors has led to a surge in business, increased tax revenue, and new public investments, such as free transportation for youth and the elderly. This tourism wave has revitalized neglected areas and sparked plans for major infrastructure projects. Read the full story [here](. [image] Move to Tuscany and Get Paid €30,000: Here's How [image]( Tuscany is offering up to €30,000 to encourage people to relocate to its depopulated mountain towns. The scheme, 'Residency in the Mountains 2024,' targets 119 towns with fewer than 5,000 inhabitants. Eligible applicants must be EU citizens or long-term non-EU residents in Italy but not currently living in a mountain community. The financial aid covers up to 50% of the property purchase and renovation costs. Applications must be submitted by 1pm CET on July 27. Read the full story [here](. [image] [image]( THE SECRETS TO KEEPING MORE OF YOUR MONEY New to the global lifestyle and want a comprehensive guide to the offshore world? Our fast-paced, action-packed book offers a fun and detailed overview of all possibilities awaiting you. [GET YOUR COPY]( US Banks Face Greater Vulnerability This Year, Fed’s Stress Test Reveals [image]() The Federal Reserve's latest stress test shows that America's largest banks are still strong but more vulnerable than last year. The 31 banks tested would lose $685 billion in a severe recession, up $144 billion from last year due to increased risk and higher expenses. Credit card debt and late payments have significantly contributed to higher projected losses. Despite these challenges, all banks passed the test, although performance varied, with Discover Financial Services and Capital One facing the highest loan loss rates. Read the full story [here](). [image] New York Ranks Among Top 10 Most Expensive Cities for Expats in 2024 [image]( Expatriates face high living costs in various global cities, as revealed by Mercer's 2024 Cost of Living Report. The report highlights housing costs, inflation, and essential expenses as key factors driving up the cost of living. The top 10 most expensive cities for expats include Hong Kong, Singapore, Zurich, Geneva, Basel, Bern, New York, London, Nassau, and Los Angeles. These cities, known for their economic opportunities and strategic locations, also pose significant financial challenges due to rising housing costs and inflation. Read the full story [here](. [image] St. Lucia’s CIP Faces Legal Threats from Opposition Leader Chastanet [image]() Opposition Leader Allen Chastanet threatens legal action against St. Lucia’s Citizenship by Investment Program (CIP), citing mismanagement and secrecy. He calls for the removal of key officials and suspension of the infrastructure investment option. Prime Minister Philip J. Pierre, however, dismisses the claims as speculative, stressing ongoing due diligence and the program’s benefits to citizens. Read the full story [here](). [image] [image]() NOMAD PASSPORT INDEX 2024 See where your passport ranks in the global pecking order with the Nomad Passport Index 2024. Find out if your passport opens doors worldwide, or encounters more barriers. [YOUR PASSPORT RANKING]() Six Smart Strategies to Boost Your Net Worth [image]() Boosting your net worth is one of the keys to financial security. Start by building an emergency fund and reducing debt. Cut unnecessary expenses and find ways to increase your income. Invest wisely according to your goals and risk tolerance. Finally, protect your assets with diversification and estate planning. These steps can help you achieve a healthier financial future. Read the full story [here](). 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