*Go ahead. Read the headline again. We’ll wait. See? It still reads the same. In plainer talk, if you up and leave wherever you live right now, and move to the northeastern state of Vermont, you will be given $10,000.
With this timely news, I might be doing all of the folks complaining about the outrageous cost-of-living in southern Cali, and threatening to leave as a result, a favor.
But there’s a catch: You will need to have a job OUTSIDE of Vermont, in a whole ‘nother state and work remotely.
This is not a joke.
A new bill signed by Gov. Phil Scott went into law on Wednesday (May 30). The $10K, dispensed over a two-year period, will cover relocation expenses, co-working memberships, computers, internet, and other work-related expenses.
The state of Vermont has 625,000 residents, gorgeous landscapes, great ski slopes—and a rapidly shrinking tax base.
Now before you go thinking $10K isn’t all that much for what you’d be leaving behind (i.e. Los Angelenos: palm trees, beautiful pacific ocean, spacious landscapes, beautiful weather darn near year round) a tax break might be worth looking into.
They’ve gotten creative in their attempts to strengthen their numbers due to the state’s exhilarated aging. According to the U. S. Census, Vermont is aging faster than the rest of the nation.
In plain talk this means: because Vermont’s median age rose to 42.8 in 2015, half of Vermonters are older than 42.8 and half younger. As recently as 1990 Vermont’s median age was just under 33 years, the same as the nation. Over the past quarter of a century, the median age nationally has increased by almost five years to 37.8 while Vermont’s has increased by 10 years.
They want to get some young blood in there!
The state also wants their 13 million annual tourists to consider a move to Vermont via a new program called “Stay to Stay Weekends.”
But think fast because the relocation must take place on or after January 1, 2019. Learn more about the logistics involved here.