Tempted to move somewhere new? Why not make some money at the same time. In recent years, a new trend has emerged in the United States, with cities and destinations offering financial incentives to attract new residents. While these incentives might have once been reserved for places trying to lure new high-profile corporations, today, the money is being given to people seeking a fresh start.
According to MakeMyMove.com, a new online marketplace that aims to connect remote workers with places making offers around the country, the number of cities offering these incentives is exploding and has more than doubled in recent years.
So whether you’re drawn to vibrant cultural scenes, the tranquility of nature, or the buzz of innovative hubs, we’ve got the scoop on a number of U.S. cities that are rolling out the red carpet for newcomers and will pay you up to $15,000 to pack your bags and relocate.
Move to Topeka and you could find up to $15,000 in your pocket thanks to an exciting partnership between the community and local employers. Choose Topeka is an innovative program designed to attract talented professionals to relocate to Topeka and Shawnee County. Here’s how it works: In your first year, you can receive up to $10,000 for renting or up to $15,000 for a home purchase. GO Topeka/JEDO and employers share the enthusiasm by matching 50% of these funds, with employers contributing $2,500 to $15,000 when employees transfer. But the benefits don’t stop there. After your first year, GO Topeka/JEDO reimburses 50% of the total qualified relocation incentive to your employer, ensuring that your relocation to Topeka is a long-term success.
The allure of small-town living with a touch of entrepreneurial magic draws newcomers to Noblesville—which is just one of many Indiana towns offering money to new residents. Under a new campaign created in conjunction with Make My Move, the city is offering up to $15,000 in cash, free land, and tax credits. The proximity to Indianapolis adds to the allure, and the town itself has great shopping, concerts, festivals, and artistic experiences.
Nestled in the heart of Appalachia, West Virginia beckons newcomers, who can apply to receive $10,000 in their first year and an additional $2,000 in the second. But that’s not all: The package includes free access to co-working spaces to fuel your entrepreneurial spirit, and a complimentary year of thrilling outdoor activities in the state’s picturesque landscapes.
Rochester, New York
Rochester is putting its money where its mouth is to attract talent and breathe new life into its community with the Move to Rochester Grant, which will pay you up to $15,000 to move there. Explore its vibrant arts scene, savor serene parks, and discover affordable housing options that blend the perfect mix of comfort and creativity.
Mattoon has crafted the Move to Mattoon incentive package generously sponsored by community members and organizations. As a remote worker, you can receive $5,000 in cash for your relocation, along with valuable vouchers for local businesses and restaurants. But that’s not all; this enticing package also includes memberships and unique experiences, adding up to approximately $11,703 in total value.
Newton, Iowa is raising the stakes by offering up to $10,000 in forgivable loans to build a home or buy a home with value of $190,000 or more for those relocating to this charming city. From a low cost of living to a tight-knit community, Newton promises a peaceful and promising new chapter in your life. (The program ends at the end of 2023.)
Joining the ranks of cities offering enticing relocation incentives is Hamilton, Ohio. This city has a warm welcome new residents with up to $15,000 in student loan debt reversals for graduates of the last seven years. With a rich history and a community ready to embrace change, Hamilton is an excellent choice for those seeking fresh opportunities.
Calling all remote workers. Tulsa, Oklahoma, has your back with its Tulsa Remote program. Score $10,000 to settle in this culturally vibrant city, where opportunities abound, and community spirit thrives.
Owning a home in Baltimore just got easier with two programs. Homebuyers who purchase eligible properties can benefit from the Vacants to Value program, which provides a $10,000 down payment and closing cost assistance in the form of a five-year forgivable loan. With the Buying Into Baltimore program, you can win a $5,000 grant through a lottery drawing held after Live Baltimore’s annual Trolley Tour event (coming up next on October 7). Twenty lucky homebuyers will be selected from a pool of eligible applicants.
Venture to the majestic wilderness of Alaska, where the state’s Permanent Fund Dividend Program offers residents an annual payout. Although the amount may vary each year, this unique initiative presents a golden opportunity to experience the awe-inspiring wonders of the Last Frontier.
Shoals, Alabama welcomes you to enjoy its Southern hospitality, vibrant culture, and picturesque landscapes, all while getting a financial boost to make your move even sweeter. New residents can apply for Remote Shoals, a relocation incentive program that rewards you based on your salary. So whether you’re a seasoned professional or just starting your career, you can earn up to $10,000 on a sliding scale.
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