Government to Lower Barriers for North Korean Defectors to Join 'Mirae Haengbok Account' for Lump-Sum Savings
Minister of Unification Lee In-young is attending the National Assembly Foreign Affairs and Unification Committee's audit of the Ministry of Foreign Affairs and the Ministry of Unification held at the National Assembly on the 21st, responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@
View original image[Asia Economy Reporter Lee Ji-eun] The Ministry of Unification will take practical measures to support North Korean defectors in accumulating a large sum of money by lowering the entry barriers for the 'Future Happiness Account.'
The Ministry of Unification announced on the 9th that it will give legislative notice on the 10th regarding the 'Amendment to the Enforcement Decree of the Act on North Korean Defectors,' which includes these measures.
The amendment includes expanding the scope of exceptional reasons that allow for extending the subscription period of the Future Happiness Account.
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The Future Happiness Account is an account that defectors can open within five years of entering South Korea. The government helps asset formation by depositing an amount matching the defector's monthly contribution, up to a maximum of 500,000 KRW per month.
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