Vermont offers cash to move there
Daydreaming about moving somewhere less populated, maybe to where you can ski in your down time and tap trees for maple syrup? If so, Vermont is beckoning, and might even pay you for your trouble.
On Wednesday, Republican Gov. Phil Scott signed into law a bill that will give a number of people who move to Vermont from another state up to $10,000 to help ease the transition.
The money — part of a grant program designed to draw tech workers and revitalize the state’s aging workforce — is intended to help with costs like relocation, computer software and hardware, broadband access and membership in a shared professional space.
Those who relocate and take part in the program need to be full-time employees of a business based outside of Vermont and need to be able to work remotely. They also must become a fulltime Vermont resident in 2019.
“The first day of the session,
we asked ourselves, what sets Vermont apart from the rest of rural states in the country in attracting this growing remote workforce,” Sen. Michael Sirotkin, D-Chittenden County, which includes the state’s most populous city, Burlington, said Thursday.
The answer was that Vermont offers a certain quality of life:
low crime, beautiful surroundings and affordable housing, said Sirotkin, who is a main champion of the bill and the chairman of the state’s Senate Economic Development, Housing and General Affairs Committee.
“It’s close proximity to Boston and New York,” Sirotkin continued. “If you are working for a tech company, you’re not necessarily wedded to the office.”
It would work well for those “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,” he said. “Hopefully it works.”
The grant money will be distributed on a first-come firstserved basis, and $125,000 will be available in 2019. Qualifying workers will get up to $5,000 per year for two years, but Sirotkin said he could see the grant offsetting costs for up to 100 people in 2019, since most people are unlikely to have $5,000 in resettlement expenses per year.
In 2020, the program is expected to receive up to $250,000, then $125,000 in 2021. After that, if funding remains available, the state is planning to have up to $100,000 in grants per year.
Applicants can start placing requests as early as Jan. 1, though it might take a little longer to “get it up and going,” said Sirotkin, who stressed that legislators were determined to make the application process straightforward.