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The Permanent Fund has grown to over $64 billion in size, and annual payouts typically range from $1,000 to $2,000 per person every year. For 2021, the dividend was $1,114, meaning that a family of four would receive $4,456.
Does Alaska pay you to become a resident?
The Permanent Fund Dividend (PFD) is a dividend paid to Alaska residents that have lived within the state for a full calendar year (January 1 December 31), and intend to remain an Alaska resident indefinitely. This means if residency is taken on January 2, the calendar year would not start until next January 1.
Does Alaska still pay its citizens?
As the largest sovereign wealth fund in America, it distributes dividends to Alaskans, with the amount fluctuating annually based on its performance. 2 If youre a full-time resident of the state, youre eligible for annual dividends, making Alaska the only U.S. state that effectively pays you to live there.
Does Alaska still pay residents to live there?
To qualify as a resident, an individual must sever ties with any previous state of residency and take affirmative steps to establish residency in Alaska. This includes obtaining an Alaska drivers license, registering to vote in the state and securing an Alaska-based mailing address.
Does the US government still pay people to live in Alaska?
Alaska has one of the longest running incentive programs in the country: the Permanent Dividend Fund. Started in 1976, it pays every resident an annual stipend as long as they lived in Alaska during the previous calendar year. The amount depends on the states annual revenue, but averages around $1,600.
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