Get ₹50 lakh to settle in this exotic village in Switzerland

The village of Albinon, located in the canton of Valais in Switzerland, is offering families a unique opportunity to relocate to a picturesque mountain valley village. The village is situated at an altitude of 4,265 ft above sea level and offers spectacular views of the snow-capped peaks.

However, the small village is facing an overpopulation threat as more residents are leaving the rural community in favor of the surrounding cities.

To counter this trend, the village launched a scheme in 2018 to pay more than £50,000 to families ( 50 lakhs) to move to Albinen. Families of four will receive 25,000 Swiss francs ( 22.5 Lakh) per adult and further 10,000 Swiss Francs ( 9 lakh) per child.

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The scheme is open to Swiss citizens with Permit C residence and to EU or European citizens free trade Association countries, as well as the US and Canada, who can obtain a permit after living in Switzerland for five years.

eligibility

To qualify for the scheme, applicants must be under the age of 45 and agree to live in a home worth at least 200,000 Swiss francs ( 1.8 crores) in Albinon for at least ten years. If a person leaves before the end of the ten year period, they will be required to repay the £50,000 payment. While the requirements may seem strict, there are many benefits to living in Switzerland.

Why Albinen?

Switzerland boasts one of the best education systems in the world, and the country has a relatively low violent crime rate. Additionally, the village of Albinen offers good air quality, many hours of sunshine throughout the year, and a tranquil atmosphere that is hard to find in bustling cities. Despite the inducements, second homes and large residential complexes of investor groups are not allowed in the village.

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Albinon Village is offering families an enticing opportunity to relocate to one of the most beautiful places in the world. Although the requirements are strict, a strong education system and the chance to live in a quiet and beautiful environment with a low crime rate make it an attractive prospect for those seeking a quieter lifestyle.

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