It may sound crazy to say it, but many cities and states across the U.S. are incentivizing people to move there with money, home buying assistance, and other perks. This is partially due to the number of remote workers in the current economy, which has seen tremendous growth, both as a result of COVID-19 workplace restrictions loosening as well as some industries becoming more comfortable with work-from-home agreements. Some of these incentives are specific to people buying a home, or working in specific field, but the fact remains that many places are doing everything they can to lure professionals and prospective home buyers.
Many of these pay-to-move areas offer not only a financial incentive to move there, but also offer a lower cost of living, which is appealing to many people who have struggled to make ends meet amid the current pandemic. Depending on what you’re looking for, you might want to consider moving to some of these areas that offer a more affordable lifestyle. We’ve listed some of the top options below.
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West Virginia has one of the most open-ended and enticing relocation programs, offering new residents $12,000 just to move to the state. Through the Ascend program, anyone who moves to West Virginia will receive $10,000 the first year they live there, paid out monthly. Another $2,000 payment is contingent on being there a second year and new residents will also receive numerous perks in free outdoor activities and equipment rental. This incentive is particular enticing for remote workers since you don’t need to be employed by a company in the state to take advantage of it.
Topeka offers an incentive of up to $15,000 for new residents, though there is a preference for those who work on-site rather than remotely. If you are a remote worker, you are still eligible for $10,000 if you’re a home buyer or $5,000 if you’re a renter through the Choose Topeka initiative. Remote workers that relocate must work outside of the Shawnee County.
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Tulsa also offers a $10,000 incentive to remote workers moving to the city within the first year. Workers must be employed full-time outside of Oklahoma and are eligible through the Tulsa Remote program. Another thing that makes this offer especially enticing is that the average cost of buying a home in Tulsa is very low compared to other parts of the U.S., making the incentive even stronger as it can be applied directly to the down payment of a home.
Another hefty chunk of money may be coming your way if you relocate to Northwest Arkansas. As part of the Talent Incentive program, new residents are eligible for $10,000, as well as a free bicycle or membership to museums or other arts or cultural institution. You must be at least 24 years old with two years of work experience and be employed remotely or self-employed full-time to qualify.