Turning the Local Extinction Crisis into Opportunity: Everything About Population Support and Hometown Love Donation
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Summary

This post explores various policies to overcome the local extinction crisis in South Korea. We comprehensively analyze benefits for depopulated areas, the core of the Special Act on Balanced National Development, and the practical effects of the Hometown Love Donation Program, where citizen participation revitalizes local economies.

📅 Last Updated: ✅ Credibility: This content is audited based on the latest governmental policy guidelines and is continuously reviewed for the highest level of accuracy.

1️⃣ The Current State of Local Extinction and the Golden Time

As concentration in the Seoul area collides with low birth rates, Korea is sounding alarms of "extinction risk." This goes beyond population decline, leading to a collapse of basic infrastructure. Now is the "Golden Time" for the government and citizens to foster regional self-sufficiency.

2️⃣ Core Trends in Depopulated Area Support

Policies have shifted from merely preventing population outflow to increasing the "living population" and "relationship population."

  • Living Population: Expanding support for those who stay regularly (over 3 hours/month).
  • Opportunity Development Zones: Tax benefits to induce companies to relocate locally.
  • Region-Led Development: Transitioning to a bottom-up development model.

3️⃣ Key Policies: Detailed Analysis of Special Acts

Special Act on Support for Depopulated Areas

All-around exemptions in childcare, education, and medical care are provided. Young people receive drastic interest rate support for regional settlement.

Balanced Development & Opportunity Zones

Investment incentives such as expanded inheritance tax deductions attract companies and talent to local areas.

Activation of "Second Homes"

One-home owners can acquire an additional house (under 400M KRW) in depopulated areas while maintaining their tax-exempt status.

Hometown Love Donation gift benefits
The Hometown Love Donation Program provides tax deductions and local specialties as return gifts.

4️⃣ Hometown Love Donation: Real Benefits

  1. 130,000 KRW Benefit: A 100k KRW donation is fully tax-deductible, and you get 30k worth of regional gifts.
  2. 'Hometown Love e-Eum' Portal: Easy participation to any local government except your residence.
  3. Regional Revitalization: Donations fund resident welfare and youth programs transparently.

2️⃣ Understanding Core Insights at a Glance

Regional policies focus on creating sustainable ecosystems beyond simple budgets.

'Relationship Population' Saves Regions

Connecting via workations or month-long stays provides economic vitality and potential migration demand.

Private Investment Leading Regional Development

Opportunity Development Zones create a business-friendly environment where jobs attract youth voluntarily.

Modern infrastructure in small cities
Culture, education, and medical infrastructure are essential for population inflow.

5️⃣ Frequently Asked Questions (FAQ)

Q1. Can I only donate to my birthplace?
A. No. You can donate to any local government except your current registered address.
Q2. Can anyone receive the 'Second Home' benefit?
A. It applies when a one-home owner acquires a house worth 400M KRW or less in depopulated areas.
Q3. What is the tax deduction limit?
A. Full deduction up to 100,000 KRW, and 16.5% for the excess up to 5M KRW per year.

💡 Practical Tip

💡 Maximize Your Tax Refund: Donate 100k, get 100k back, and receive 30k in gifts. It’s a 130% efficiency financial strategy for office workers.
Population support video guide
Video Guide: Solutions for Local Extinction and Prime Benefits Summary

⚠️ Key Points to Remember

⚠️ Donation Ethics: Only individuals can donate (no corporations). Reselling return gifts on second-hand markets is legally prohibited.

6️⃣ Closing Message

The extinction crisis is a reality we face now. Through active support policies and citizen participation like Hometown Love Donation, we can revive hope. Your small interest saves our regions.

💡 Key Takeaways
  • Overcome extinction via 'Living Population' and 'Opportunity Development Zones.'
  • Hometown Love Donation offers a 130% return (Tax refund + Gift).
  • One-home owners keep tax status when buying 'Second Homes' in depopulated areas.