Located in a mountainous region of the Abruzzo region, in a national park in central Italy, Santo Stefano di Sessanio currently has only 120 inhabitants, half of whom are retired.

Faced with the danger of total depopulation, the commune is trying to stop this trend, but without success so far.

However, the authorities hope to achieve this with a new proposal, namely the installation premium and monthly contributions for ten people who choose to become residents of the commune and launch various professional activities there, reports CNN.

The installation premium amounts to 20,000 euros, and the monthly payment to about 660 euros for a period of three years. In addition, the town hall proposes a house for rent for a symbolic amount.

Since the proposal was launched on October 15, 1,500 people have already expressed their intention to settle in Santo Stefano di Sessanio, the source said.

Applicants must be Italian or European citizens, adults, under 40 years of age and come from a locality of over 2,000 souls. At the same time, the commune authorities demand a five-year commitment from them.