Hamyang-gun's Population Increase Policy... Promotion of Incorporation into the Anti-Corruption and Civil Rights Commission's System Improvement

Expansion of Various Life-Cycle Supports Including Newlywed Couple Marriage Fund Assistance and Housing Bo-gumjari Support

Hamyang County Office building exterior view

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Hamyang-gun, Gyeongnam Province, has decided to implement various population increase policies to respond to the continuous population decline.

This new policy is a practical, region-tailored population policy created through a process of collecting diverse opinions, including those from the Population Increase Policy Advisory Group, which consists of private and administrative participants, as well as various surveys.

According to the county, based on the partial amendment of the "Hamyang-gun Population Increase Support Ordinance," the support name will be integrated and managed as a population increase policy. It also reflects the recommendations for system improvement from the Anti-Corruption and Civil Rights Commission, with key points including the expansion of eligibility for childbirth incentive payments and the establishment of five new population increase policies.

The main new policies include providing newlyweds who register their marriage after January 1 next year with 5 million KRW in marriage funds, paid in three installments over three years. Additionally, newlyweds and families with newborns will receive support for 1.5% interest on housing lease and purchase loan balances for two years (up to 1 million KRW annually for newlyweds and up to 1.5 million KRW annually for families with newborns) to help secure stable homes.

Furthermore, families with three or more children under 60 months old will receive 300,000 KRW to cover family photo shooting expenses. To encourage relocation, households with two or more new residents will receive resident tax (individual portion, full amount) and property tax (housing portion, up to 100,000 KRW annually) support for two years. There is also a relocation incentive policy for workers employed at companies registered with factories in the county, providing 500,000 KRW annually for two years.

These new population increase policies are scheduled to be implemented after January 1, 2022, and will be supported after securing the supplementary budget for 2022.

A county official stated, “We will do our best to respond to the risk of regional extinction and create a sustainable Hamyang through population policies that can be felt throughout the life cycle, from marriage, childbirth, and child-rearing to jobs and housing.”

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