A city in the U.S. state of Arkansas has found a creative way to encourage immigration: offering a bonus of $10,000 to anyone who lives there. According to the offer of this Thursday (3), this value corresponds to about 0.28.

The city is known as Northwest Arkansas and the prize was provided by the city council. The prize money is part of the Life Works Here program, which aims to attract qualified professionals to transform the area.

According to the city's official website, the program will invest about $1 million or 27 bitcoins to attract talent. The target audience includes any professional who can work remotely, especially in the technology field.

Bitcoin and Bicycles

Scholarships are paid in either U.S. dollars or bitcoin, according to the Northwest Arkansas Commission. The choice of cryptocurrency reflects the region's focus on attracting blockchain companies, which already use BTC to pay their employees.

“Northwest Arkansas is experiencing explosive growth in the technology sector, particularly in the area of blockchain technology. This incentive covers the growing trend of employers using cryptocurrency as a payment option.”

Despite the focus on blockchain, the city has not placed barriers on the type of profession it wants to attract. With this, recent graduates, families, people looking for a career change, entrepreneurs and artists are all welcome.

In addition to the US$10,000 prize, the selected person will receive a free bicycle for transportation. In that sense, the city has 60 kilometers of roads and 518 kilometers of world-class mountain bike trails. In other words, there's plenty of room to ride a bike.

Application Requirements

To apply for one of the vacancies and receive the bonus, you must apply on the official website of Northwest Arkansas City Hall. The form is online and takes less than ten minutes to complete.

Anyone from anywhere in the world can apply. However, certain eligibility criteria are required.

  • Be at least 24 years old.
  • Have at least two years of work experience.
  • Have a full-time job, either as a self-employed or remote worker.
  • Reside outside of Arkansas.
  • Ability to move to Northwest Arkansas within six months of acceptance.

The primary focus of the program is to recruit U.S. citizens, but foreigners may also be eligible. In this case, the candidate needs to have the necessary credentials to work legally in the country. In other words, obtain a valid Visa.