Legrad in Croatia is also selling off cheap homes, at just one kuna (11p) per property. Although most need a lot of work, the state will chip in 4000 dollars (£2,938).
Those joining the scheme must be under the age of 40, financially stable and prepared to stay for at least 15 years.
Savvy entrepreneurs could also snap up a bargain by setting up their business in a new country.
Ireland has started an investment fund to attract entrepreneurs to the Emerald Isle.To qualify for Enterprise Ireland, a non citizen must register their company in Ireland, have the ability to create at least 10 jobs and one million euros of sales in the first three years.