Gyeonggi-do Begins Accepting Applications for Basic Youth Income for 24-Year-Olds from the 1st... 250,000 KRW Paid Quarterly

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is accepting applications for the 4th quarter of the "Youth Basic Income," which provides 250,000 KRW quarterly to 24-year-old youth, from the 1st to the 30th of this month.

Eligible applicants are 24-year-old youth born between October 2, 1996, and October 1, 1997, who have continuously resided in Gyeonggi Province for more than 3 years as of the application date or whose total days of residence amount to more than 10 years, and who currently have their resident registration in Gyeonggi Province.

Applicants can register as members on the Gyeonggi job platform Jobaba and apply online or via mobile.

Required documents include a resident registration abstract (issued after November 1, including address history for the last 5 years or the entire period).

Since the 2nd quarter, a public MyData service has been introduced to simplify document submission, allowing youth to skip attaching the resident registration abstract if they consent.

The MyData service stores applicants' personal information held by public institutions not on a central server but on the applicant's smartphone or cloud, enabling data subjects to access their data anytime and provide it to institutions.

Existing recipients who agreed to automatic application last quarter will be subject to review without a separate application. However, if there are changes in personal information or if retroactive applications for the 1st to 3rd quarters of this year are desired, applicants must update their information within the application period.

After verifying applicants' age and residence period, the province will provide 250,000 KRW in local currency for the 4th quarter starting from the 20th of next month, in the form of an electronic card or mobile payment.

Selected recipients will receive a confirmation message via text, and the card will be delivered to the address entered during application. Once the card is received, registering it through the customer center or mobile app allows immediate use like a check card at traditional markets or small business establishments within the registered area.

However, usage is restricted at department stores, large supermarkets, corporate supermarkets (SSM), entertainment establishments, and similar venues.

This content was produced with the assistance of AI translation services.