Vermont will pay you $10K to move there - but there's a catch

Vermont governor signs bill to pay people $10K to move to state and work remotely

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In addition to the remote worker plan, Vermont has also launched a program called "Stay to Stay Weekends" aimed at convincing the state's 13 million annual tourists to relocate there. Over the past 25 years, the median age nationally has increased by near five years to 37.8, while Vermont's has risen by 10 years to 42.7.

Interested? To be eligible, you must be a full-time employee of a company based out-of-state working remotely or from a co-working space.

The Agency of Commerce and Community Development has been tasked with designing the program to begin in 2019.

The Green Mountain State has a small and rapidly aging population.

The program would peak in 2020, when the state has been authorized to spend up to $250,000 on the incentives.

Vermont is calling remote workers with a deal for them.

The money - part of a grant program created to draw tech workers and revitalize the state's aging work force - is meant to help with costs like relocation, computer software and hardware, broadband access and membership in a shared professional space.

The state will award the grants on a first come, first serve basis and has allocated an amount of $500,000 for the next three years to the same objective, the AP report said.

Current residents aren't eligible. The worker must also perform most duties from a Vermont home office or co-working space.

"This looks like an opportunity for us to bring people into the state who might not otherwise be here", Lyons, a Democrat, told the Globe on Friday. That's why increasing our work power is without doubt one of the prime priorities of my administration.

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. In 2021, the available funds will decrease to $125,000, and then to no more than $100,000 in the years that follow.

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