How to Move to Alaska and Get Paid: The Permanent Fund Dividend (PFD) Explained
What if I told you there's a U.S. state that pays you to live there?
Sounds wild, right? But it's real—and it's called Alaska. Every year, folks who call Alaska home get a check from the state just for living there, thanks to something called the Permanent Fund Dividend (PFD). It’s like a little reward for choosing fresh air, epic views, and a slower pace of life.
So if you’ve been itching for a change, tired of the hustle, or just want to explore life beyond the Lower 48, this guide is for you. I’m breaking down how the program works, who qualifies, and how much you can actually expect to get. Spoiler: it’s easier than you think.
What Is the Alaska Permanent Fund Dividend?
The Permanent Fund Dividend (PFD) is a yearly payment made to Alaska residents from the state’s oil revenues. The money comes from the Alaska Permanent Fund—a sovereign wealth fund established in 1976 to preserve the state’s oil wealth for future generations. Each year, a portion of the earnings is distributed to qualifying residents.
While the amount varies annually, the payout is often substantial. For example:
2023 PFD amount: $1,312
2022 PFD amount (with energy relief payment): $3,284
Average over the last decade: ~$1,600 per year
That’s money directly in your pocket, simply for living in Alaska.
Step-by-Step Guide to Moving to Alaska and Getting the PFD
1. Establish Legal Residency in Alaska
To qualify for the PFD, you must become a bona fide Alaska resident and intend to remain in the state indefinitely. This means:
Physically living in Alaska
Establishing housing (owning or renting a home)
Getting an Alaska driver’s license
Registering to vote in Alaska
Cutting legal ties to other states (i.e., no driver’s license or voter registration elsewhere)
2. Live in Alaska for One Full Calendar Year
You need to live in Alaska for a full year (365 days) before you’re eligible to apply for the PFD. You can’t just move in September and apply in January—it doesn’t work like that. You must be a resident on January 1 of the year you apply, and you cannot be absent from the state for more than 180 days during that qualifying year (with limited exceptions).
3. Avoid Disqualifying Actions
To remain eligible:
Do not claim residency in another state.
Do not obtain benefits meant for residents of another state.
Avoid being incarcerated for more than 180 days.
There are some exceptions (like military service, college attendance, or medical treatment), but you’ll need documentation to support those absences.
4. Apply for the PFD
The application window opens January 1 and closes March 31 every year. You can apply online or by mail. Required information typically includes:
Alaska residency documentation
Proof of presence in Alaska during the qualifying year
Social Security number
Income details (for minors or dependents)
You only need to apply once per year to be considered.
How Much Can You Expect to Receive?
The exact amount of the PFD varies based on market returns and state budget decisions. Here's a quick snapshot of recent payments:
While it's not a substitute for full-time income, for families, it adds up—especially if you have multiple children. A family of four could receive over $5,000–$10,000 annually.
Why Americans Are Moving to Alaska
Financial Incentive (PFD)
Free money is always appealing, especially in today’s economy.
Low Population & Wide-Open Spaces
Perfect for remote workers, off-grid adventurers, or anyone craving solitude.
No State Income or Sales Tax
Many Alaska municipalities have no sales tax, and the state does not have a personal income tax.
Strong Sense of Community
Alaska is known for its supportive, resourceful communities—especially in rural areas.
Adventure and Natural Beauty
From the Northern Lights to world-class hiking and fishing, nature lovers thrive here.
Cost of Living in Alaska: Is It Worth It?
While the PFD is a nice bonus, it’s important to understand the cost of living in Alaska, which can be higher in some areas due to remoteness and shipping costs.
Some areas (like Juneau or Fairbanks) may have higher or lower costs, but Anchorage remains the most affordable and accessible city for newcomers.
Jobs and Work Opportunities
While you wait out your qualifying year, you’ll want to work or start a business. Alaska’s top industries include:
Oil & Gas
Healthcare
Construction
Tourism and Hospitality
Education
Fishing and Seafood
Remote work is increasingly popular too, especially for Americans escaping high-cost cities.
Tips for a Successful Relocation to Alaska
Visit first: Try before you buy—especially in winter!
Prepare for the cold: Winter temperatures can drop below -20°F in interior regions.
Research towns: Anchorage is the most urban, while Sitka, Kodiak, and Juneau offer coastal charm.
Stock up on supplies: Shipping delays are real. Bulk buying is a thing.
Embrace community: Get involved with local events and neighbors—it makes a difference.
Final Thoughts: Is Alaska Right for You?
If you’re ready for a radical lifestyle change, love nature, and want to enjoy an annual payout just for calling a place home, Alaska might be your answer. It’s not for everyone—especially if you’re not a fan of cold or isolation—but for those who want peace, community, and a slower pace, Alaska can feel like freedom.
And that yearly Permanent Fund Dividend? Just a little cherry on top.
💬 Have Questions About Moving to Alaska?
Drop your questions in the comments or share your own relocation story—we'd love to hear from you!
