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South Korea to Provide Cash Handouts to Foreign Residents

4/13/2026

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Story summary
  • South Korea will distribute cash handouts to some foreign residents, ranging from 100,000 won (US$67) to 600,000 won, starting in April 2023.
  • This initiative is part of a 26.2 trillion won supplementary budget to address high fuel costs linked to the ongoing Middle East conflict.
  • Exceptions to the initial exclusion of non-South Korean nationals apply for those with “close ties” to citizens.
  • Eligible individuals must be registered residents with a South Korean citizen and enrolled in the national health insurance system.
  • South Koreans returning from abroad between March 30 and July 17, 2023, can also apply for these payments.