In some countries, governments are stepping in to combat low birth rates and population decline by offering financial incentives for marriage and starting families.
From cash bonuses to housing grants, these initiatives are designed to encourage couples to tie the knot and settle down. Here are three countries—Singapore, Italy, and Japan—that will pay you to stop being single and start a family.
Singapore
Singapore encourages family growth by offering financial incentives through its “Marriage and Parenthood Package.” This includes a cash gift, known as the “Baby Bonus,” which is given to help couples with the costs of raising children. The bonus is paid in stages, starting with the birth of the first child. Additional benefits, like housing grants, are also provided to support marriage and family development.
Italy
In Italy, declining birth rates in rural areas have prompted some local governments to offer financial grants to couples who marry and settle in small towns. These incentives aim to revive communities by attracting young couples who can contribute to the local economy. The funds can be used for housing or business ventures, making it an appealing option for couples starting a new life.
Japan
Japan, facing a rapidly ageing population and declining birth rate, offers financial incentives in certain areas to encourage marriage and childbirth. Some municipalities provide newlyweds with lump sum payments or subsidies to cover wedding costs and support their new life. These measures are part of broader efforts to promote marriage and sustain the country’s population.
Credit:businesselitesafrica
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