Six destinations in the U.S. that offer substantial financial incentives for relocation.

The cost of housing and the amount of space one gets for their money are higher in major U.S. cities. With the rise of remote work due to the Covid-19 pandemic, many workers have started to question whether living in major metropolises like New York and San Francisco is worth it.

While some companies still require in-office work, many offer hybrid or fully-remote options, according to Vicki Salemi, a career expert at Monster. She advises job seekers to utilize this flexibility and broaden their search.

Salemi stated that they can seek employment opportunities beyond the limitations of a specific zip code based on the quality and quantity.

Working remotely can be a great option for both recent college graduates and those seeking a change of scenery, as it allows you to keep costs low while still having a job.

By July 2024, various cities and states will provide financial incentives, with some offering up to $12,000.

1. West Virginia

Program name: Ascend West Virginia

Incentive: Up to $12,000 or more

West Virginia is offering prospective residents a range of incentives, including a free outdoor recreation package, co-working space, and more. To qualify, you must reside in the state for at least two years in one of the designated communities: New River George, Greenbrier Valley, Morgantown, Eastern Panhandle, and Greater Elkins. During the first year, new residents will receive $10,000 paid in monthly installments, with the final $2,000 issued at the end of the second year of residency in West Virginia.

2. Rochester, New York

Program name: Greater ROC Relocate

Incentive: Up to $9,000 in homeowner grants

3. Tulsa, Oklahoma

Program name: Tulsa Remote

A three-year membership to a local co-working space and a lump sum of $10,000 in rental grants or a purchase of a qualifying home are incentives for those who meet certain criteria.

4. Topeka, Kansas

Program name: Choose Topeka

Up to $15,000 can be allocated towards buying a home or $10,000 can be used for rent for the first year.

5. The Shoals, Alabama

Program name: Remote Shoals

Incentive: Up to $10,000 given in three separate installments

To be eligible for the program, applicants must earn $52,000 or more annually, relocate to the Shoals area within six months of selection, and be a full-time remote employee or self-employed independent contractor outside of Colbert and Lauderdale counties. Additionally, applicants must be at least 18 years old and legally allowed to work in the United States.

The program is currently paused, but the next round of applications will open on September 1, 2024, and remain open until the 30th. Selections will be made in December 2024.

6. Illinois

Program name: Make My Move

Incentive: Starting at $6,800

Mattoon offers $5,000 cash for relocation and financial assistance to local restaurants. To be eligible, applicants must earn at least $45,000 annually and reside at least 100 miles away from Mattoon when submitting the application. Upon acceptance, you must commit to living within the city for at least two years.

Pittsfield, like Jacksonville and Mattoon, is providing $5,000 in cash and coverage for several months of household bills as relocation incentives. To qualify, you must earn at least $65,000 annually and reside at least 100 miles from Pittsfield.

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