If you work remotely, pack up your bags! Maple syrup and mountains are calling for you. On Wednesday, Vermont Governor Phil Scott, signed into law a bill that will pay eligible remote workers $10,000 to move to the state of Vermont in 2019.
Vermont wants to pay employees to move and work remotely from its state
To be eligible, you will need to become a full-time Vermont resident on or after January 1, 2019. You will also need to prove you are a full-time remote worker for a company outside of the state. Vermont will pay for your relocation expenses by giving you up to $5,000 a year for two years. In return, the state is hoping to get a much-needed boost to its economy. It needs your hardworking fresh face. Vermont has an aging population and only about 625,000 residents, which is creating a shrinking tax base.
Vermont State Senator Michael Sirotkin said the program would work well for employees “wanting to get out of an urban environment into a more rural environment, those who are maybe paid well and don’t want to leave their job.”
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Vermont is not the first place in America to lure workers with the sweet smell of cash. To address worker shortages, small towns in Michigan and Ohio are also offering financial incentives to people willing to move.
If you’re interested in the Vermont deal, act fast. The grants will be distributed on a first-come, first-served basis next year, and there’s only $125,000 in grant money available in 2019. While you’re hemming and hawing over uprooting your life for a life in New England, I’ll be looking up apartment listings in Burlington, Vermont.