Vermont will offer $10K to remote workers who move there

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The bill, signed by Vermont governor Phil Scott, has budgeted grants for almost 100 new remote workers in the first three years of the program, and 20 additional workers per year for every year after.

Also: who knew the co-working space lobby was so powerful in Vermont?

The grant program is created to shore up the state's small and aging working population, according to Joan Goldstein, commissioner of economic development for Vermont. It takes effect as of January 1, 2019.

The program is being offered on a first come-first serve basis.

Workers will get $5,000 per year for two years, after they submit reimbursement forms that prove they used the money for costs related to moving and having remote workspaces.

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. "If the program is successful, we'd probably ask for more funding".

More news: Gowdy disputes ‘spy’ claim, says FBI acted properly

Vermont's population of 625,000 people is aging faster than the rest of the USA population.

The northeastern USA state of 625,000 people has gorgeous landscapes, great ski slopes-and a rapidly shrinking tax base. Last year saw the state's first increase in population in four years, and it was by a mere.05 percent, according to the bureau. The initiative, announced in March, aims to convert tourists into full-time residents.

Knight said they have more work to do to turn the idea into a successful program.

One of the bill's sponsors, Senator Virginia Lyons, said the law was aimed at bringing new workers into the state who will become productive members of their communities.

Scott has called for measures he feels will make Vermont more economically attractive so young people will stay and others might move here, such as tuition-free college for National Guard members and construction of affordable housing.

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