Vermont will pay remote workers $10,000 to move there

Fredrick Soto
June 4, 2018

The funds are meant to cover the cost of moving, computers, internet, and other work-related expenses.

Vermont will pay stay-at-home workers $10,000 to relocate to the state. Vermont is aging faster than the rest of the U.S. population, an economic crisis that has prompted some creative solutions from state officials.

If you're a remote worker, you're in luck.

To become qualified, the applicant must be a full-time employee of an offshore business and is working from home or in any co-working space in Vermont.

If you can work from anywhere, why not the Green Mountain State?

Republican Phil Scott called on lawmakers to look for ways to attract and retain more young people.

Applicants can start placing requests as early as January 1, though it might take a little longer to "get it up and going", said Mr. Sirotkin, who stressed that legislators were determined to make the application process straightforward.

"This is a piece of a much larger puzzle", Michael Schirling, the commerce secretary, told The Burlington Free Press.

The legislation is an attempt to bolster an aging population in Vermont.

According to the state documentation, the state will award no more than $125,000 in 2019, no more than $250,000 in 2020 and no more than $125,000 in 2021.

More than 13 million people visit Vermont on a yearly basis, Quartz reported, and the state is hoping it can convince some of them to stay in the state more permanently.

But there can be tax implications for living in one state and working in another.

The law Scott signed this week also includes a program created to convert some of the state's 13 million annual tourists into permanent residents. Visitors who plan their trips during one of the four designated weekends from April to October can network with employers, entrepreneurs, and realtors.

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