Want $10,000? Vermont Will Pay You to Move
MONTPELIER, Vt. (AP) — Vermont is willing to pay new residents who work remotely for an out-of-state employer — all in an effort to increase its population.
Vermont Gov. Phil Scott has signed into law a bill that will pay those new residents up to $10,000, in an effort to attract younger people to the state.
The Remote Worker Grant Program would cover moving expenses and other costs. It takes effect as of Jan. 1, 2019. Scott signed the bill Wednesday.
The law defines a qualifying worker as working primarily from a Vermont home office or co-working space, and employed full-time by an out-of-state based company.
The state would award grants on first-come, first-served basis.
Vermont's population is flat or slightly shrinking. Scott's called for measures he feels will make Vermont more economically attractive so young people will stay and others might move here, such as more housing and tuition-free college for National Guard members.
New Hampshire also has struggled to keep younger workers in the state.
In a survey released in May by Stay, Work, Play fewer than half of New Hampshire residents ages 20 to 40 said they would probably or definitely will remain in the state for the next two years.