South Korea Debates Eligibility for New $370 Marriage Subsidy for Foreign Nationals

Will foreign residents qualify for Korea’s $370 marriage subsidy?

South Korea plans to give each spouse 500,000 won ($370) for registering a marriage starting next year. Whether foreign nationals will receive the money remains undecided. The cash subsidy, intended to encourage marriage and family formation, will replace a marriage tax credit that was available to both foreign residents and Korean nationals. The Ministry of Gender Equality and Family on Tuesday unveiled a 166.3 billion won budget for the program. Starting Jan. 1, 2027, couples will receive a co

By The Korea Herald