Why This U.S. State Will Pay People $10,000 to Move There

Governor Phil Scott on May 30 signed a bill into law which will reimburse people $10,000 over two years if they move to the Green Mountain State.

But there’s a catch. Participants in the new program will need to work remotely and be employed full-time by an out-of-state company to be eligible for the grant.

The Remote Worker Grant Program aims to address the state’s declining workforce and population. There are 16,000 fewer workers today than there were in 2009.

New remote-working residents can get reimbursed for relocation expenses, computers, internet, co-working spaces, and other related costs. There are 100 grants for the first three years of the program and 20 additional grants every subsequent year. The grants will be given out on a first-come, first-served basis for those who become permanent residents on, or after, Jan. 1, 2019.

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Senator Virginia Lyons, the author of the bill, hopes that the program will encourage the growth of a young tech-savvy workforce. The median age of working Vermonters is among the highest in the U.S. at 42.8.

As part of the law, Vermont will also begin the Stay to Stay program, which connects professionals with entrepreneurs and employers over a weekend. The goal is to give travelers a taste of what everyday living in Vermont is like. The program focuses on building connections with local communities, including Rutland, Brattleboro, and Bennington.
Still need convincing on making a move? Read 13 Reasons Why Everyone Should Visit Vermont in 2018.