On February 9th, Yonhap News Agency reported that Seoul, South Korea plans to reward couples who register for marriage with 1 million Korean won (approximately 5000 yuan). The Seoul Metropolitan Government is coordinating with the South Korean Ministry of Health and Welfare on the distribution method and specific targets of this bonus, and it is expected to be implemented as early as October this year.
According to the plan, couples who register for marriage in Seoul from January 1, 2025 onwards are eligible for this reward as long as they meet the income criteria. The reward may be issued in the form of cash or equivalent points. The Seoul Metropolitan Government expects that 20000 new couples will receive this bonus.
Official statistics show that the population born in Seoul in 2024 will be 42588, an increase of 7.9% compared to 2023. The reason behind this is that many couples who postponed their wedding dates due to the pandemic have entered the wedding hall; Secondly, Seoul's policies on renting, medical subsidies, and subsidies for families with multiple children have had a positive impact on newlyweds.