A million yen per child to leave Tokyo: Japan's offer to families

Government ups the incentive over 3x to draw people to rural areas amid shrinking population

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. 

Eligible families in the Tokyo metropolitan area will be able to receive 1 million yen ($7,700) per child starting in the fiscal year 2023 if they move to a disadvantaged local area — more than triple the 300,000 yen incentive already in place, the reports said. 

 

The financial incentives, according to Bloomberg, highlight the challenges that Japan is facing with its low birth rate and long life expectancy. Rural areas