As could be expected, an idyllic Swiss village in the Alps offering to pay people to live there became big news. Thousands of applications flooded Albinen from all around the world. The overwhelmed municipal employees issued a statement calling news reports “misleading” and accused them of causing confusion.
In fact, the authorities only seriously considered 1 percent of the applications. For one thing, only Swiss citizens or foreigners who had the required permits for residency were eligible. Also, the new residents were required to pay at least 200,000 Swiss francs (about US$202,800) for their house, which had to be a primary residence, not a holiday home.