The Youth Hope Savings Account (청년도약계좌) is a government-supported program designed to help young adults in Korea build long-term savings with tax-free benefits and matching contributions. Here’s how you can apply successfully in 2025.
📝 1. Who Is Eligible?
- Age: 19 to 34 years old (based on resident registration)
- Annual earned income under 75 million KRW
- No previous ownership of housing
- Must not own similar long-term savings accounts
🏦 2. Where to Apply
You can apply through the major Korean banks or via the Government Welfare Portal (복지로).
📄 3. Required Documents
- Resident registration certificate
- Proof of income (salary statements or tax return)
- Bank account under your name
⏱ 4. Application Timeline
Applications are open monthly, but each bank may have a limit on slots. Make sure to check with your chosen bank in advance.
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※ If you need help customizing this application flow, feel free to contact us via comments.
