Vermont launches program to pay people $10,000 to move to state

Vermont has begun accepting applications for a program that will pay people up to $10,000 to move to the state.

Under the program, which officially launched Tuesday, people who work remotely for an out-of-state company can get paid to move to the state, The Associated Press reports.

The state will pay eligible remote workers up to $10,000 for qualifying remote worker expenses, including expenses such as relocation costs and computer software, as part of the program. 

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Vermont Gov. Phil Scott (R) first signed off a bill allowing the program back in May.

The bill budgeted grants for nearly 100 new remote workers in the first three years of the program, and 20 more workers per year for every year afterward.

According to the news agency, the state has allocated $500,000 in total for the program, which will be awarding grants to workers on a first-come, first served basis. 

The legislation is just one of the Northeastern state’s latest efforts to counter its aging population. 

In addition to the program, Vermont has also launched another program, called Stay to Stay Weekends, that is aimed at getting the state's 13 million annual tourists to relocate to Vermont.

Tourists who plan their trips to the state during one of the designated weekends from April to October have the opportunity to network with employers, entrepreneurs, and realtors.