South Korea's :Busan Saha District youths Offered Hundreds of Dollars To Start Dating

 

South Korea's Busan Saha District is indeed offering incentives to boost its population. The district's program provides various financial rewards to encourage singles to form relationships, get married, and start families.

According to reports, the Saha District in Busan, South Korea is offering various financial incentives to encourage singles to form relationships, get married, and start families. Here's a breakdown of the offered amounts:

- Dating Incentives: Couples who meet through the program receive 1 million won (around $675 or 675 euros) . If they progress to a traditional meeting of families before marriage, they get an additional 2 million won.

- Marriage Benefits: Upon marriage, the couple receives 20 million won (approximately $14,400) . They also become eligible for a housing deposit subsidy of 30 million won or a monthly rent subsidy of 800,000 won for up to five years.

- Eligibility: Participants must be between 24 and 43 years old, reside or work in Saha District, and undergo a screening process .

The Saha District's program is part of South Korea's efforts to address its demographic challenges. Here are key aspects:

Program Objectives:

1. Increase marriage rates

2. Boost fertility rates

3. Revitalize rural communities

Financial Incentives:

1. Dating: 1 million won (≈ $675)

2. Marriage: 20 million won (≈ $14,400)

3. Housing: 30 million won (≈ $21,600) or monthly rent subsidy

4. Childbirth: Additional financial support

Eligibility:

1. Age: 24-43

2. Residency: Saha District

3. Screening: Participants undergo screening

These initiatives aim to address South Korea's record-low fertility rate, which dropped to 0.72 children per woman in 2023 . The program is part of a broader strategy to combat the country's shrinking population.