Supporting the First Steps of Young Couples Under 49

Goheung County in South Jeolla Province (Governor Gong Youngmin) announced that it will provide up to 32 million KRW in support to young couples under the age of 49 in order to reduce the initial economic burden of marriage for the younger generation and to foster a culture that encourages marriage.


The support items include a marriage congratulatory and incentive payment of 4 million KRW, wedding expenses of 1 million KRW, home purchase loan interest support of 3 million KRW for newlyweds' housing stability, home purchase loan interest support of 9 million KRW for newlyweds' housing, and a settlement incentive of 15 million KRW for returning young couples.

A view of Goheung County Office.

A view of Goheung County Office.

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The marriage congratulatory payment is provided to couples who have continuously resided in the province with registered addresses for at least six months prior to the application date. After six months have passed since the marriage registration, 2 million KRW is paid. If both spouses continue to reside in Goheung County after receiving the congratulatory payment, an additional marriage incentive of 1 million KRW per year is provided for two years. Since the program began in 2021, 197 couples have benefited from it.


The wedding expense support program for young couples is available if at least one spouse has been registered and residing in Goheung County for more than six months as of the application date. If the wedding is held at a venue within the county, 1 million KRW is provided; if the wedding is held outside the county, 500,000 KRW is provided.


The home purchase loan interest support program for young couples targets those who have been married for five years or less and covers 50% of the interest on home purchase and jeonse (long-term lease) loans, with a maximum of 1 million KRW per year for up to three years.


The newlywed housing support program targets newlyweds who have been married for seven years or less and do not own a home, providing support for home purchase loan interest with a maximum of 250,000 KRW per month for up to three years.


The settlement incentive for returning young couples is a program that provides up to 15 million KRW in startup costs to young couples who either registered their birth in Goheung County or lived there for more than five years, and who, after residing in another city or county for more than one year, return and move back to Goheung County.


A county official stated, "Thanks to these programs that support young couples' important first steps and encourage young people to return to Goheung, both the marriage rate and the number of births have remained steady despite the population decline," and added, "We will continue to actively develop policies to support young people."


Meanwhile, Goheung County also plans to operate the 'Goheungae Solomon Volunteer Group' and the 'Youth Meeting Restaurant' programs to provide natural and healthy opportunities for single men and women, who have few chances to meet, in order to create a marriage-friendly social atmosphere.





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

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