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December 29, 2018 05:34 pm

Vermont Will Give You $10K If You Move There and Work Remotely

If you've been dreaming of moonlight in Vermont -- and getting a re-location subsidy -- "the time has come to make your maple-syrup-coated dreams a reality," reports Fast Company:[F]or those who relocate this year and can prove that they have full-time remote jobs, it's possible to get paid back for moving expenses, internet bills, or membership in a coworking space... The program offers up to $5,000 a year for two years.For the state, the program is one way to try to address its shrinking population. "We're the second-to-smallest state in the nation, and we're also getting older, so we really need to make sure there's more of a workforce here," says Joan Goldstein, commissioner of the Vermont Department of Economic Development, which is running the Remote Worker Grant Program. The entire state has a population of a little more than 600,000, roughly the size of Louisville, Kentucky. Vermont also recognized that a growing number of Americans work remotely -- nearly two-thirds of companies today have remote workers, and one recent survey found that hiring managers think it will continue to become even more common -- and that many city dwellers elsewhere are struggling with rent on increasingly overpriced apartments... The median home value in Brattleboro, roughly two hours from Boston, is less than $200,000; a one-bedroom apartment a short walk from the local co-op (and a small coworking space) goes for $850 a month. The budget for 2019 is $125,000, and will be given out "on a first come, first served basis."

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