The cost of the subsidies is divided between the central government and municipal authorities of Japan and if the families desire to start a company in the region, additional support would be provided
Tokyo: Japan is currently witnessing depopulation in its rural areas. To work on this issue their government has come up with this one million Yen giveaway scheme.
What Is This One Million Yen Scheme?
According to reports, Japan is going to pay families 1 million Yen per child to move out of Tokyo this year. This step is being taken to combat the rapid depopulation in the country’s rural areas. Under this scheme, if a household with two children decides to leave Tokyo and move out, they could be eligible to receive three million Yen in support.
Japan’s government is having a vision of hope with this scheme. They believe that this scheme will solve the depopulation issue of rural areas. The government hopes that by 2027, under this scheme 10,000 people will have moved from Tokyo to rural areas.
This scheme began in 2019. Last year, the government under this scheme supported 1,184 families, 290 in 2020 and 71 in 2019. According to a Time magazine report, families will receive a flat 1 million Yen as compensation for relocation in addition to the support for kids.
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Who Are Eligible For This Scheme?
The ones staying in Central Tokyo, i.e. households who have lived in the central Tokyo metropolitan area for five years are eligible to apply for this scheme.
The cost of the subsidies is divided between the central government and municipal authorities. If the families desire to start a company in the region, additional support would also be given in that case.
It’s not as simple as it sounds to get the one million Yen to move to a rural community, though. Families that wish to get assistance must have lived in their new residences for at least five years and have at least one member employed or intending to start a new business. The money must be returned if the tenant vacates the property before five years have passed.
The advantages of Japan’s towns and villages are frequently emphasized in an effort to entice crowds. Having “eligible men” available, like in the instance of Otari village, and having simple access to childcare are two of them.
Japan’s rural areas have experienced a dramatic decline in population in recent years as more young people leave for chances in cities. Officials anticipate that the alluring sum will entice families to revitalize these areas, reducing the demand for available space and public services in the greater Tokyo area.
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