Vermont will pay you $10,000 to move there 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.

In the coming months, people will be able to apply via Vermont's Agency of Commerce and Community Development, which is still finalizing some of the program's details.

State officials hope that Vermont's high quality of life will attract out-of-state workers to swap their office for a Vermont co-working space or home office, reports Burlington Free Press.

Applicants can start placing requests as early as January 1, though it might take a little longer to "get it up and going", said Mr. Sirotkin, who stressed that legislators were determined to make the application process straightforward.

The grants are available on a first come, first served basis and the number of recipients is capped each year.

Which expenses will be covered?

According to the state documentation, the state will award no more than $125,000 in 2019, no more than $250,000 in 2020 and no more than $125,000 in 2021.

The money can be used on qualified expenses, including costs to relocate, necessary computer equipment and software, internet access and co-working memberships.

How much is Vermont going to spend on this?

Governor Phil Scott signed the legislation on Wednesday.

To qualify for the funds, you need to be a full-time employee of an out-of-state business who works from home.

Spending may be limited by available funding.

Schirling said the incentive may be particularly helpful for couples considering a move to Vermont, when one spouse finds a job in Vermont but the other spouse would need to work remotely.

Legislators introduced the program seeking to shift the population's demographics.

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