Some cities are paying people up to $16,000 to move there“”this online directory will help you find them

  • Date: 16-Mar-2021
  • Source: CNBC
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Some cities are paying people up to $16,000 to move there“”this online directory will help you find them

Dozens of cities are offering up to $16,000 in cash incentives, homebuying allowances, tax credits and money toward local goods and services in hopes of enticing pandemic movers to relocate there. MakeMyMove.com, an online directory launched in December 2020, aims to connect remote workers with such offers around the country.City- and statewide workforce development groups have long incentivized new residents to move there, often by offering tax breaks and loan forgiveness when they buy a home. But with the pandemic spurring a wider acceptance of remote work, plus a greater affinity for physical space beyond dense urban areas, these programs are pushing recruitment into overdrive.Around 8.9 million people already moved between March and October 2020, up by 94,000 people from the year prior, and young professionals are the group most likely to relocate during the pandemic.

Down payment money, free memberships, gift cards: What cities are offering

MakeMyMove currently lists 37 relocation offers on its pages, some through paid promotions and others for free. Each destination has its own page listing the incentive programs on offer, how much they're worth, who qualifies and how to apply.Some offers, such as for Las Vegas or for San Juan, Puerto Rico, don't list a definitive