Seoul expands child care subsidies for foreign residents
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Seoul has expanded childcare subsidies for foreign residents, removing age limits and increasing financial support to ensure equal benefits for non-Korean children from infancy to age five.
The Seoul Metropolitan Government has revised several long-standing regulations affecting foreign residents, aiming to enhance accessibility and support. The changes are part of Mayor Oh Se-hoon’s broader reform agenda, according to Maeil Business Newspaper.
One revision eliminates the age limit on childcare subsidies for non-Korean children. Previously, only foreign children aged 3 to 5 received 50% child care subsidy. The new policy extends subsidy support from infancy to age 5, ensuring equal support to Korean peers.
Additionally, children attending daycare in Seoul now qualify for subsidies even if they reside outside the city. Parents are also no longer subject to income-based restrictions
As of last year, childcare costs for infants to 2-year-olds ranged from 390,000 to 540,000 won (US$270 - 376) per month, according to the Korea Times.
In 2023, Seoul allocated 1.7 billion won to support 1,480 children of foreign nationals aged 3 to 5. With expanded eligibility, the budget has been increased to 3.5 billion won, aiming to assist 3,100 children. The policy is retroactively applied from January 2025.
South Korea, which has consistently posted the world's lowest fertility rates, has introduced several measures to encourage young people to marry and have children. Among the incentives are a one-million won ($685) support to couples who register their marriage in 2025 and a one-time tax deduction of 500,000 won ($349.35) per person for couples married between 2024 and 2026.
Source: https://e.vnexpress.net/news/news/seoul-expands-child-care-subsidies-for-foreign-residents-4851461.html
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