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This Italian town will pay you US$30,000 to live there

From selling house lots for US$1.15 to paying people to lure them into becoming new residents, small Italian towns have tried many creative methods to combat depopulation.

Presicce-Acquarica, with around 10,500 inhabitants in the southern region of Apulia, is the latest to launch a campaign to boost population numbers.

The initiative, dubbed "Welcome to Presicce-Acquarica", promises a donation of US$30,000 to anyone who buys a house and registers their residence in the town. But then, what's the catch?

MOVE TO ONE OF THE MOST BEAUTIFUL VILLAGES IN ITALY

Presicce-Acquarica - technically the . . .

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