The plan will give an immediate financial relocation bonus to new Territorians in certain jobs, to help with moving and living costs.

Singles will receive $3000, couples will receive $6000 and families will receive $7000.

After six months of living in the NT, new Territorians will be offered a local spending benefit of $1250, which may be used towards costs incurred within the Territory, including vehicle registration, child care and eating out.

If new Territorians remain for five years, they will be offered another cash benefit, with the total benefit for a relocated family being more than $15,000 over five years.

Chief Minister Michael Gunner released the plan with the hope of adding 21,000 new jobs and $10.4 billion to the NT’s economy in the next decade.

He makes it clear that the incentives are open to anyone.

"We're comfortable taking anyone from anywhere when it comes to humanitarian schemes, refugees, anyone coming into Australia should feel welcome here," Gunner said.

For new Italian migrants, the scheme may increase chances of success in achieving what many Italians dream of: a permanent residency in Australia.

If you are on a Working Holiday Visa in Australia you can legally work for more than six months with one employer in NT.

You can receive the aforementioned benefits to assist you in the move.

After six months of living and working full time in the NT, you can apply for permanent residency.

Work undertaken must however form part of the “high priority” job list, which includes chefs, cabinet makers, hairdressers, fork lift drivers, mechanical engineers, among many others.

For the full list of high priority jobs click here.

For more information on migrating to the Territory click here.