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Politics

Japan to raise financial support for moving out of Tokyo

Incentive to rise to 1 million yen per child to encourage living in rural areas

Japanese government subsidies helped over a thousand families move to rural areas in fiscal 2021.   © Kyodo

TOKYO -- The Japanese government will in fiscal 2023 increase its financial support for child-rearing families who move out of the Tokyo metropolitan area, providing up to 1 million yen ($7,500) per child, an increase from the current 300,000 yen. 

Launched in fiscal 2019, the incentive program is aimed at encouraging people raising children to move to areas with declining birthrates and aging populations.

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