Vermont's Remote Worker Grant Program
thinkvermont.com
thinkvermont.com
Freelancers and entrepreneurs are out of luck here. Unless Vermont hopes to pay for the program through employee payroll taxes, this restriction seems hopelessly arbitrary.
Also note that funding is "First come, First served. You must first move to Vermont and (correctly) fill out several pieces of paperwork to find out if you applied in time.
This seems like an awful way for one of the highest-tax states in the country to welcome remote workers.
Personally, I only ever lived in Burlington. There's a lot of "artsy" stuff, as well as a great outdoor scene. A tech scene exists too, but it's pretty small. I guess let me put it this way - for a young person, it's comparatively expensive, the schools are OK at best, and there's not a lot of opportunity. I'd retire there in a heartbeat though.
Rent an AirBnB for a month or two before you decide if it's for you. In the summer, Burlington is one of the nicer places you can find yourself - great weather, you're right there on Lake Champlain, and most of the college kids are gone. That said, the winters are long, dark, and cold...
Having said that, the culture isn't for everyone. I found "real" Vermonters to be fiercely loyal and great neighbours, but were pretty skeptical of outsiders, particularly those who settle in Burlington, Stowe, or Manchester.
Yes, if your top metric for quality of life is income tax rate, Vermont is not the state for you.
Like most anywhere else, desirable areas(good schools, near water, access to public services) in Vermont are just as expensive as elsewhere, on top of the high income taxes.
If that's not the case, what purpose does the program serve?
at $200k income, this lowers the effective state income tax rate to 4.4%
New Hampshire is literally next door and has no income tax.
At the risk of going slightly political, if money is the reason for relocating there, I'm not sure I'd put much faith in it lasting given the elected officials for that state.
Remote workers don't commute though. Vermont's population has also been declining for years though and before that trend it was stagnant for decades[1]. Also if you've been to Vermont you know there's plenty of room to build there.
[1] https://www.burlingtonfreepress.com/story/money/2016/12/29/v...
Per-capita, Vermont spends the 6th most; New Hampshire the 3rd least. Only Missouri and Florida spend less than New Hampshire.
Vermont was reliably Republican until there was the perception that the GOP had an evangelical social agenda. Vermonters are not against private expressions of faith, but they believe it is deeply personal and have no interest in being lectured on it by politicians.
There's a lot of people from NYC that want to retire upstate but come to the realization that NYC has done a very thorough job turning the entire state into a dump and that the only way out is to move out of state.
However, as a sibling comment pointed out, even if you ignore transplants the people of Vermont tend to agree with the modern left on a certain set of social issues anyway.
Those vacationers are going to permanently move to your "paradise" when they want to retire or start families and it will be a paradise no longer.
We are an old state with a dropping population, hence why the government is trying to attract new residents. Seriously, grab your skis, get in the car and come on up; the more the merrier.
New Hampshire has high property taxes and it collects the equivalent of income tax from employers.
Also there are many parts of New Hampshire where commuting in to Boston is an option if your remote gig went away. Many people live in low tax New Hampshire and commute in to Boston or or other parts of Massachusetts.
I wouldn't bank on it staying that way for long. Massholes from are moving in in droves and are voting for the kinds of politicians who would be very amenable to am income tax. Of course if they get an income tax all their other taxes will stay high too.
Really?! Has New Hampshire finally gotten their act together and extricated themselves from the boot of the federal government? Or do you really mean that NH has a slightly lower income tax because nothing gets added to the federal one?
I’ve been trying to land one for over a year now
It’s slim pickings out here...
2. Lease deposit + new computer products = "qualified remote worker expenses".
3. Receive grant funds.
4. Resell computer products and never move to VT.
5. Put apartment on AirBNB.
6. Profit.