State officials hope Vermont's high quality of life will entice out-of-state workers to swap their office for a Vermont co-working space or home office. The $10,000 is created to go toward moving costs and other expenses needed to set-up a remote-working location, including computer equipment, but will be paid in two installments of $5,000 annually for two years. And, no working for yourself: you must be employed full-time by a company outside the state.
Alison Lesure of Hinesburg, a controller for NEPCon, a nonprofit that works for sustainable land use, uses a one-day co-working space at the Hinesburg United Church on Tuesday, July 25, 2017.
Vermont has a small and aging population, according to Joan Goldstein, commissioner of economic development for Vermont. Vermont will pay for your relocation expenses by giving you up to $5,000 a year for two years.
Opinions about moving to Vermont were decidedly mixed.
Grants will be awarded on a first-come, first-served basis, with a cap on how much will be distributed.
North Korea: Trump says summit with Kim is back on
Russian Foreign Minister Sergey Lavrov walks with North Korean leader Kim Jong Un in Pyongyang during their meeting on Thursday. He reported "good progress" is being made in talks between the two sides to revive an on-again, off-again nuclear summit.
To be eligible, people must become full-time residents of Vermont after January 1, 2019.
For 2019, total grants can not exceed $125,000.
Republican Phil Scott called on lawmakers to look for ways to attract and retain more young people.
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. Current residents of the Green Mountain State are not eligible. Visitors who plan their trips during one of the four designated weekends from April to October can network with employers, entrepreneurs, and realtors.