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Showing posts with the label Newborn Support Voucher

First Meeting Voucher KRW 3M: Apply Within Two Years

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This content applies specifically to South Korea. If your child’s second birthday is approaching, the usable period is already running out: it ends two years from the date of birth, not two years from application. Under the 2026 Bokjiro criteria, an eligible first child receives KRW 2 million, while a second or subsequent child receives KRW 3 million through a National Happiness Card voucher. This is easy to misread because there is no separate annual deadline. Waiting does not change the amount, but it can shorten the time available to spend it, and any remaining voucher balance may expire.   Amounts, timing, and payment method Eligibility covers children born in or after 2024 whose birth registration is complete and whose resident registration number has been issued. The application must be made before two years have passed from the birth date. The extra KRW 1 million for a second or later child raises the benefit from KRW 2 million to KRW 3 million. Most households receiv...