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Japan Is Paying Young Couples When They Get Married

 

Here’s one way to get young couples to get married. Concerned about the country’s low birth rate, the Japanese government’s Cabinet Office wants to give couples who decide to tie the knot a grant of 600,000 yen, or roughly $5,660. The new program doubles the 300,000 yen newlyweds are currently able to receive, and also greatly expands the eligibility requirements.

Currently, the grant is only offered to newly married couples in which both husband and wife are 34 or younger, and who have a combined household income of 4.8 million yen or less. From next year, though, couples can be as old as 39 and have a combined income of up to 5.4 million yen, and still be eligible for the grant. While getting married and having a child aren’t one and the same, in Japan single parenthood is still comparatively rare, and almost always unplanned.

With marriage generally seen by couples as a prerequisite for starting a family, there’s some logic in making it economically easier for couples to get hitched. The new program is expected to start at the beginning of the next fiscal year in April.

Source: Japan Today

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