Vermont will pay remote workers $10000 to move there

Vermont governor signs bill to pay people $10K to move to state and work remotely

Gov. Phil Scott signed a bill on Wednesday that will pay remote workers to move to Vermont.

To become qualified, the applicant must be a full-time employee of an offshore business and is working from home or in any co-working space in Vermont.

But there can be tax implications for living in one state and working in another.

Picturesque Vermont has a shrinking population and this effort is targeted at changing those demographics. "We need more people in the state and people participating in the workforce", said Joan Goldstein, the commissioner of Vermont's Department for Economic Development. He hopes a separate state program will also help. Workers will receive $5,000 per year after submitting reimbursement forms that prove they used the money for moving costs. In March, Governor Scott and the Vermont Division of Tourism and Advertising introduced the so-called Keep-to-Keep initiative, which is meant to assist vacationers relocate to the state.

Philippines could go to war over South China Sea: Duterte aide
The Pentagon first invited China to attend in 2014, in a gesture of goodwill and improving U.S. -Sino military relations. Navy warships sailed near South China Sea (SCS) region on Sunday as part of Freedom of Navigation exercise.

Daydreaming about moving somewhere less populated, maybe to where you can ski in your down time and tap trees for maple syrup?

The remote worker incentive program will launch with a $500,000 appropriation from the Legislature, and the total payouts will be capped each year. To be eligible, a person must move to Vermont after January 1, 2019, be a full-time employee for an out-of-state business, and work primarily from home or a co-working space. In March, Gov. Scott and the Vermont Department of Tourism and Marketing announced the Stay-to-Stay initiative, a program created to help tourists permanently relocate to the state. The funds are distributed on the basis of first come first served and the state has annual limits for the grants.

In 2020, this system is predicted to obtain as much as $250,000, then $125,000 in 2021.

According to the Stay-to-Stay website, the program is a "lodging and networking package to connect guests to employers, entrepreneurs and potential neighbors in local communities around Vermont".

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