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Yes, you can really get paid to move to Arkansas!

This article reveals some of the best ways to do this and some of the best companies and programs that pay or help you get paid to move to Arkansas.

 

Why Get Paid to Move to Arkansas?

Why not, right?

Especially as it’s indeed possible to get paid moving to Arkansas.


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First things first…

Sometimes we just need a new start in life.

It’s too bad that there isn’t a ctrl/alt/del combination, as in a computer, that we could just press this combination of keys on the keyboard, and it would bring us to a screen that will allow us to reboot the system.

Fortunately, or unfortunately, in life, there is no magical combination of “keys” that can be pressed.

However, opportunities do arise when it seems that we have the option of having a do-over.

It is like in the world of golf when you make a bad swing and you can, in a non-tournament situation, ask for a Mulligan or a do-over.

For the individual, such opportunities can present themselves to allow us to press the control alt delete buttons or ask for a Mulligan and we have an open door that allows us to walk through or “drive-through”, towards a new start.

Wouldn’t it be incredible if we could present Mulligans during our lives as an opportunity for a do-over?

Perhaps such an opportunity is available through funded programs offered by a variety of states that will offer incentives for an individual to relocate.

One such state is the state of Arkansas.

 

Personal Story

One of the big fundraisers that we had during my non-profit days was the hosting of a golf tournament.

We would approach companies who would buy golfing packages for members of the company and other golfers.

The company would enjoy a day out on the links competing with other golfers and enjoying the playing of 18 holes.

One of the ways that we would raise additional funds would be to purchase tickets to compete in the putting contest, raffle coupons for the silent auction, and allow the teams to purchase Mulligans.

The selling of Mulligan’s was the best way of generating income outside of the actual entrance fee and was an opportunity for golfers to present their Mulligan card when the golf stroke and driving the ball was not quite what was anticipated.

It was an opportunity for a better swing.

 

10 Best Tips to Help You Get Paid to Move to Arkansas

 

1. Life Works Here Initiative

Attention all recent graduates, families, individuals looking to change careers, entrepreneurs, artists, and more, Arkansas is calling.

Their Life Works Here Initiative is an employee relocation program in which an incentive is being offered for individuals to move to Arkansas.

Specifically, the Northwest part of Arkansas includes Benton and Washington Counties and is home to the cities of Fayetteville and Bentonville.

Bentonville is the headquarters of the huge retailer Walmart.

 

2. Purpose

The purpose of this incentivized calling of Arkansas to join their community is to lure top employee talent and professionals to their region.

With this initiative, they are anticipating that these professionals will be like an economic and business magnet that will attract other professionals as well as companies that will meld together to form a thriving and vibrant local economy.

 

3. Jobs

Currently, this area of Arkansas is exploding and has to offer over 10,000 employment opportunities.

The challenge is having qualified individuals fill these significant employment positions.

Also See: How to Get Paid to Relocate & Move to Alaska.

 

4. Remote Workers

Also, an individual would be qualified for the program if they stayed in their current job but were able to work remotely with their employer.

This forward-thinking initiative is banking on individuals wishing to embrace a slower-paced lifestyle and still maintain their current position or start a new career path by joining something exciting and creative that is happening in Northwest Arkansas.

 

5. Ideal Candidate

The ideal candidate that would be a strong contender for the limited number of opportunities for relocation available would be classified as professionals and entrepreneurs associated with the STEAM program.

The acronym STEAM stands for science, technology, engineering, arts, and math.

Individuals whose profession, education, and experience fall into these categories would be prime candidates.

The applicant will have their skills reviewed by a panel to see if it is a right match in relationship to the area’s needs and goals.

The challenge is not just to find quality individuals, but the successful applicant will bring an added dimension of bringing energy and vibrancy to their new relocated community.

The application can be accessed by clicking here.

 

6. How Selected

A review panel of professional citizens in the community gather together to pour over the various applications by potential candidates.

Each of the candidates is evaluated on their merit-based off on the application.

From that process rises a pool of candidates that will be interviewed and then, subsequently, awards will be provided to selected applicants.

 

7. Qualifications

To be considered for eligibility, the applicants must understand that their relocation is required to move to this part of Arkansas.

This relocation, upon acceptance, needs to occur within six months of being officially notified that they have been approved for the program.

Also, the individual must enter into a lease agreement with a homeowner or rental management agency.

Also, if the individual takes action to purchase a home this would qualify.

The individual must be at least 24 years of age and demonstrate two years of experiential workforce involvement.

They must also demonstrate experience in remotely working with their current company or previous company or demonstrate their entrepreneurial spirit through self-employment.

The individual also must reside outside the state of Arkansas and be a U.S. Citizen or have the needed documentation to show their eligibility to work legally in the United States.

 

8. Where The Successful Candidate Must Live?

The successful candidate must agree to relocate to a residence within Washington or Benton counties.

The move must be completed within six months of being notified as a recipient of the initiative.

 


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9. Couples

Unlike other initiatives across the United States, only one grant can be awarded per household.

Other members of the household may meet the qualification standards but would not be eligible.

 

10. How Many Awards?

The current initiative is in its inaugural year and may or may not be renewed for the ensuing years.

The decision of possibly renewing this initiative will be determined once the successful actions of the program are reviewed and feedback in regards to the purpose and goal of the program being met.

As of this writing, 29,000 individuals have applied for the program.

Officials involved with the project are indicating that a significant number of individuals will be awarded the money but quickly added that they are not sure how far the money will stretch for the qualified applicants.

 

Best Company That Pays or Offers Incentives to Move to Arkansas

 

1. Funder

The major contributor to the funding for this initiative is the Walmart Family Foundation and is sponsored and administrated by the Northwest Arkansas Council.

The strong recommendation of Walmart family members is completely engaged with those individuals including Tom and Steuart Walton.

 

2. If I Move

The successful candidate, to receive their incentive, would need to move to either one of these counties.

If seeking employment, they would not be limited to this geographical area but could work anywhere within the state of Arkansas.

 

 

3. Home

The choice of residence that the individual commits to upon their relocation is completely up to the individual.

It can be either through the renting of a home or apartment or purchasing a home.

 

4. Pay Back

Understanding that life happens and if an individual can no longer reside in the region and they move before the year is over the terms of the contract would require that the individual need not pay back the amount of money provided to them.

However, if that move needed to occur, they would not be eligible for any further payments.

 

5. First Payment  

On being accepted for the program and meeting the requirements, the individual will receive 25% of the $10,000 incentive.

This equates to $2500.

Following that initial incentive disbursement, the individual will then receive over the next 12 months a $500 check.

This of course equates to $6000.

The remaining amount of the $10,000, $1500, is then given in a lump sum at the end of the year.

 

6. Other Incentives

Because this area of Arkansas is rich, as it relates to the beauty of the outdoors surrounding these communities, an incentive of a new bike is also provided to the individual who is selected for this initiative.

If, the individual does not wish to receive a mountain or street bike they can opt to accept the gift of an annual membership to one of the multi-cultural and arts facilities.

Those marvelous institutions include Crystal Bridges, Momentary, Amazeum, TheatreSquared, the Walton Arts Center, and Walmart AMP.

 

7. Taxes

The $10,000 amount that is provided to the individual as an incentive to relocate to Arkansas is considered as taxable income.

The $500 given each month and the other payments are given in total to the individual with no taxes being withdrawn

The individual will receive a 1099 and, according to IRS tax statutes they will be responsible for reporting this income and paying taxes, if needed, to the Internal Revenue Service.

 

8. Companies – Bike

The actual incentive of a bicycle being awarded to the individual as part of the package is a $600 voucher that can be deemed at any of the local bicycle shops.

The voucher can be redeemed for a bicycle or any other equipment that the local bicycle shop may offer to their customers

 

9. What About State and Local Taxes?

The local tax rates vary as to where the individual takes up their residency.

Specific tax rates and more information about the tax structure and assessments can be found by clicking here.

 

10. Cost of Living

The other monetary benefit provided to the individual that relocates to the counties of Washington or Benton is the cost of living associated with residing in this area.

Specifically, the average income for an employed individual is 14% higher than the national average.

The other favorable benefits include the beautiful outdoor lifestyle that is afforded, a nationally recognized area as it relates to food and culture, and also, a wonderful opportunity to perhaps escape the hustle and bustle and stress of one’s current living and employment situation.

Also, an added economic advantage is an extremely low unemployment rate coming in at 2.8%.

Related: How to Get Paid to Relocate to Detroit & How to Get Paid to Relocate to Oklahoma.

 

Making Money Moving to Arkansas FAQs

 

Are There Similar Programs to This One in Arkansas?

Yes, there are similar relocation initiatives offered by a variety of states.

Some of those states include Arizona, Alaska, Oregon, Vermont, and more.

Of course, each initiative is structured differently with varying incentives offered.

It seems, however, that the common denominator of these incentives is to attract urban professionals who are rich in technological expertise and can work remotely with their current company.

 

Are These Types of Initiatives Successful?

If the renewal of these various programs is any indication of their success, then yes, these initiatives have proven successful in their goal and purpose.

That goal and purpose are to attract young professionals but also to provide a workforce that will attract technology companies to invest in these communities and have a ready-made employee base for career opportunities.

 

You Can Do It

Adventure awaits.

A new location and community to live in, a different lifestyle, and friends that you have not met.

Mix in a $10,000 incentive spread over a year and you have the invitation of Arkansas requesting your employment presence.

 

Conclusion

Looking for a Mulligan?

Or perhaps you just wish to have a change in scenery or be part of something exciting and cutting-edge not only in helping yourself but help the Arkansas community in reaching their goals.

If so, perhaps the Life Works Here Initiative offered by Northwest Arkansas is just the do-over your looking for.


Again, this company has paid $25+ million to members:

SurveyJunkie (only USA, Canada, Australia residents allowed). You can earn money sharing your thoughts. They have already paid $25+ million to their 20+ million members just for sharing their thoughts and opinions. Click here to join SurveyJunkie for FREE


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Apart from being a seasoned Personal Finance expert who has written for top publications around the world, I bring significant personal financial experience. Long story short... through bad financial choices... I found myself $100,000 plus in debt. I was able to dissolve this indebtedness and regain financial solvency. This financial turn around was accomplished through reading, studying and implementing a financial plan. My financial plan included paying down my debt through budgeting, being cognizant of where my financial resources were being spent, changing my attitude about money and understanding the binding chains of the improper use of credit. Today, and for 10 years, I have been debt free and have invested wisely to enjoy my current retirement. This is allowing me to write to help others make, save and grow money wisely!