While there are some cheap housing options and ways to save money on your house, it seems like with rent, mortgage payments, and taxes, we’re always parting with money for our home. But did you know that there are actually places that will pay you to live there?
There are a few states and towns that pay you to move there which is a great way to save money when moving.
These payments are usually offered by government organizations looking to bring more people to their states and cities.
One notable place to do so was Vermont. Through the Remote Worker Grant program, people who worked remotely from a home office or co-working space in Vermont would get a grant if they moved to Vermont.
As of January 2020, the program is no longer taking applications but there are still plenty of other programs that are paying people to move.
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Each of these programs offers something different from an annual grant for living there or free land if you move there.
What will I learn?
States & Cities that Pay You to Live There
Let’s take a look at some places that pay you to move there.
Through the Alaska Permanent Fund, residents of Alaska can get an annual dividend just for living in the state. The program, which was established in 1976, pays a dividend to residents who have lived in the state for a full calendar year.
How much do you get paid to live in Alaska?
- The amount paid out varies from year to year. For example, in 2012, the dividend was $878 and in 2019 it was $1,606.
2. Marne, Iowa
Have you always dreamt of building your own home?
Well, then you might want to head on over to Marne, Iowa.
This city will give you land to build a house on for free!
Free lot sizes are, on average, approximately 80 feet x 120 feet.
The minimum house size must be 1,200 square feet. It’s an interesting program for anyone looking to build a home because you don’t have to pay for the land.
Next on the list, we have Lincoln, Kansas. This is another place that’s offering free land to people who move there.
Lot sizes vary from 12,000 to nearly 36,000 square feet. Also, all lots qualify for the city’s 10-year property tax rebate program.
You can get paid to move to Baltimore, Maryland through The Buying Into Baltimore Program.
Twenty homebuyers are selected to receive funds from a pool of eligible applicants. You’ll need to attend Live Baltimore’s Trolley Tour event, and then incentive applications have 10 business days to make an offer on a home, have the offer accepted, obtain a contract of sale, and submit required paperwork to be eligible for the lottery drawing.
You could get a $5,000 down payment and closing cost assistance, and a 5-year forgivable loan. You can learn more about the program by following the link above.
How much do you get paid to live in Alaska?
Move to Harmony, Minnesota and build your own home there, and you can get a rebate. This rebate ranges from $5,000 to $12,000, depending on the value of your home.
If you’re looking for help paying for college, then you might want to move to Hamilton, Ohio.
The Hamilton Community Foundation has given more than $13 million in scholarships to more than 3,000 students in the area.
Do you work remotely? If you do, then you might want to consider a move to Tulsa, Oklahoma.
Currently, the city is looking for 250 remote workers.
You must be able to move to Tulsa within 6 months in order to be eligible for the program.
You could get $10,000, which is great!
If you go to live and work in Maine, the state will reimburse your student loan payments through the Opportunity Maine Tax Credit.
The exact details of the program depend on when you graduated.
From 2016 onwards, you can qualify for the program if you are a Maine resident for the tax year, and if you either work in Maine during the tax year, regardless of where your employer is located (this includes self-employment), are deployed for military service, or are employed on a vessel at sea.
And finally, you need to have earned a degree.
Follow the link above for more details.
9. Newton, Iowa
You could get paid to move to Newton, Iowa and buy a home there.
The Newton Housing Initiative provides incentives to:
- Home builders
- Real estate developers
- Property owners
When you purchase a new home in Newton, you can get up to $10,000. And you also get a “Get to Know Newton” Welcome Package that’s valued at over $2,500.
Get more details on the program by clicking the link above.
Get paid to move to North Platte and work there and you could get funding!
This is through the WORKNP.com program which offers local employers up to $5,000 per open position (in the form of matching funds) so they can create a worker incentive package to help fill a job.
There are lots of worker incentives available, like:
- Relocation expenses
- Down payments or deposits
- Equipment purchases
- Help with student loan repayment
- Specialized training certificates
For more details, follow the link above.
11. Rural Kansas
Looking for a slower pace of life? Then you might want to consider moving to Rural Kansas.
The state of Kansas has designated 77 counties as “Rural Opportunity Zones.”
These designated countries provide one or both of the following incentives to new full-time residents:
- State income tax waivers for up to five years
- Student loan repayments of up to $15,000 over a period of five years
12. Topeka Kansas
You could get up to $15,000 if you move to Topeka. This program is looking for talented professionals to relocate to Topeka and the Shawnee County Community.
13. Bonus: Chile
If you fancy a move south, you might want to consider Chile. The country offers lots of programs to entrepreneurs that help them to fund their businesses. It’s a good place to get financial support if you’re looking to start a business.
It offers equity free funding across its programs and over 100K of perks to participants.
Like I said above, there are lots of programs available. Funding varies from $19,000 to $78,000 depending on which one you participate in.
And you get a one-year working Visa when you arrive in Chile to start your business.
If you’re looking to launch a business, think about doing it in Chile.
If you’re looking to move it’s good to know that there are plenty of incentives to do so! Whether it’s money to help you pay your student loans, a payment for buying a home, or free land, there are so many places throughout the country that’ll pay you to live there.