Vermont Phil Scott says, will pay $10,000 to those move in and work from home
Starting in 2019, Vermont is offering $10,000 – payable over two years – to people who will move there and work remotely for an out-of-state employer. The money is intended to pay for relocation expenses, housing, computers and other work-related expenses.
Gov. Phil Scott signed the “New Remote Worker Grant Program” bill last week.
The grants are available on a first come, first served basis and the number of recipients is capped each year.
The grant program is designed to shore up the state’s small and aging working population, according to Joan Goldstein, commissioner of economic development for Vermont.
“We recognize the need to recruit people to the state, and this is one of those efforts,” Goldstein told CNN.
Another benefit for Vermont? Taxes. Remote workers will have to pay income taxes in Vermont, even on money earned outside the state.