1. Saskatchewan, Canada
Since 2010, Saskatchewan has been paying its grad students up to 20,000 Canadian dollars in the form of tuition reimbursements, in an effort to attract and retain college graduates. This may be paid over a period of ten years, in the form of a non-refundable tax credit. If you’re applying to colleges in Canada, make sure to check out if your universities of choice are on the list of preapproved institutions.
2. Niagara Falls, New York
Who doesn’t want to see the Niagara Falls at least once in their lifetime? This should be initiative enough to look for opportunities to reside there! Live in this region, located at the international border between Canada and the United States, and pay off your student loans while you’re at it. Provided you agree to live in specific neighbourhoods, the city will pay you up to $7,000 over the course of a two-year residency.
3. Harmony, Minnesota
Harmony is a lovely little town in Minnesota – with only one problem. There are not enough move-in ready homes here. In 2014, a solution was planned. Anyone who moves there and builds a home will be offered a cash rebate of up to $12,000 to cover cost of construction. If you have been planning to move to a new place for a while, now’s your chance. The best part? The program has no age, income or residency restrictions!
4. Baltimore, Maryland
The city of Baltimore once had a population of nearly 1 million, but around the year 2000, it started depleting. In an effort to draw more people back to the city, the government of Baltimore is offering home ownership incentives to people. Buying Into Baltimore pays a limited number of people $5,000 for the purpose of buying a new home in the city – on a few conditions. The first of these requires you to attend a Buying Into Baltimore event. The Vacants to Value program, on the other hand, is willing to give people up to $10,000 to purchase formerly vacant and newly renovated houses. Programs are also available for those with low incomes.
5. Hawaii, US
This program is a lot more specific, because it is not an initiative undertaken by the administration of Hawaii, but rather a tech start-up by the name of Zapier, and unfortunately this offer can only be taken up by those living around the San Francisco Bay Area. So if you are a techie living in the region, and would like nothing better than a new job that lets you move to warm, sunny Hawaii, this is your chance. If Hawaii is where you want to be, you can get paid up to $10,000 to relocate there!
6. New Haven, Connecticut
New Haven is looking to increase its current homeownership rate of 31% by offering several loans and down payments to home buyers. First-time home buyers, for instance, may be allowed a loan of up to $10,000, provided they meet the income requirement and other criteria. If you happen to live there already, and are a teacher, firefighter, police officer or member of the military, you may even be given an additional 2,500 dollars. While this loan will be forgiven in five years, provided the owner doesn’t sell the house, those who make energy-saving upgrades to their home may be given up to $30,000, as long as they stay there for the next ten years.
7. Kaitangata, New Zealand
With a population of about 800, Kaitangata is a very small town in New Zealand. Although this place, like several others on this list, will not literally hand you cash to live there, they will offer you several monetary and other benefits, which, one may argue, make for even better incentive. Kaitangata is prepared to offer several benefits to newcomers, including a home and land package worth NZ $230,000, as well as several jobs in and around the town. Potential home buyers may have to be a little patient, however, as the town has been inundated with requests from people all over the world.
8. Yukon, Canada
A popular tourist destination already, the province of Yukon runs the Agriculture Land Program, under which a person may obtain land for agricultural purposes – but only if they meet certain conditions. These require the applicant to have Canadian citizenship or permanent residency, to be over 19 years old, and to have lived in Yukon for at least one year. One of the most important, albeit unofficial, conditions requires you to be willing to deal with the province’s harsh winters.
Start-up Chile, a program run by the Chilean government, pays entrepreneurs to run start-ups in their country. This program was started in 2010 with the objective of turning Chile into the entrepreneurship hub of Latin America, and selects around 230 companies on a yearly basis. If your application is selected, you may be given up to $84,000 to start your new business there.
10. Alaska, US
Truth be told, Alaska has been paying its residents to live there since 1976. The Permanent Fund Dividend, established over four decades ago, distributes to the people a varying amount every year. This money comes from investment earnings of mineral royalties, and Alaskans received a total of $2,072 in 2015. The eligibility criteria requires you to have been a resident for at least a year, and to not be a convicted felon or be absent from the state for a period of more than 190 days.
Student, traveller, or just a person with a desire to live and work somewhere new, these places will let you do just that, as long as you meet their respective criteria.