U.S. markets closed
  • S&P 500

    4,246.44
    +21.65 (+0.51%)
     
  • Dow 30

    33,945.58
    +68.61 (+0.20%)
     
  • Nasdaq

    14,253.27
    +111.79 (+0.79%)
     
  • Russell 2000

    2,295.95
    +9.85 (+0.43%)
     
  • Crude Oil

    73.08
    -0.58 (-0.79%)
     
  • Gold

    1,778.90
    -4.00 (-0.22%)
     
  • Silver

    25.83
    -0.19 (-0.73%)
     
  • EUR/USD

    1.1943
    +0.0019 (+0.16%)
     
  • 10-Yr Bond

    1.4720
    -0.0120 (-0.81%)
     
  • GBP/USD

    1.3946
    +0.0013 (+0.10%)
     
  • USD/JPY

    110.6450
    +0.3470 (+0.31%)
     
  • BTC-USD

    32,406.04
    +775.61 (+2.45%)
     
  • CMC Crypto 200

    767.56
    -26.77 (-3.37%)
     
  • FTSE 100

    7,090.01
    +27.72 (+0.39%)
     
  • Nikkei 225

    28,884.13
    +873.20 (+3.12%)
     

Vermont will pay you $10,000 to move there and work remotely

Remote workers: the state of Vermont wants you.

Starting in 2019, Vermont will pay people who move there and work remotely for an out-of-state employer $10,000 over two years to cover relocation expenses, coworking memberships, computers, internet, and other work-related expenses. Gov. Phil Scott signed the bill into law on Wednesday (May 30).

The northeastern US state of 625,000 people has gorgeous landscapes, great ski slopes—and a rapidly shrinking tax base. Vermont is aging faster than the rest of the US population, an economic crisis that has prompted some creative solutions from state officials. In addition to the remote worker plan, Vermont has also launched a program called “Stay to Stay Weekends” aimed at convincing the state’s 13 million annual tourists to relocate there. Visitors who plan their trips during one of the four designated weekends from April to October can network with employers, entrepreneurs, and realtors.

The first-come, first-served remote worker grants are only available to new residents who relocate on or after Jan. 1, 2019. Vermont has budgeted grants for about 100 new remote workers in the first three years of the program and about 20 additional workers per year for every year after. But if you really want to make sure that life in the Green Mountain State is for you, schedule a visit in the winter first.

Sign up for the Quartz Daily Brief, our free daily newsletter with the world’s most important and interesting news.

More stories from Quartz: