Money to Move: Japanese Families Offered Millions in Yen to Relocate

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Money to Move: Japanese Families Offered Millions in Yen to Relocate
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Japan plans to boost financial support to households to move away from the capital to combat depopulation in other areas of the country, according to multiple local media reports

apan plans to boost financial support to households to move away from the capital to combat depopulation in other areas of the country, according to multiple local media reports.

The financial incentives highlight the challenges that Japan is facing with its low birth rate and long life expectancy. Rural areas have seen rapid depopulation as the young move away for opportunities in cities, leaving the localities dotted with empty homes and contending with dwindling tax revenue.

Japan’s national government began the initiative to attract people to regional areas in 2019, allowing households who have lived in the central Tokyo metropolitan area for five years to apply for support funds if they move.

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