Japan offers 1 million yen to families to leave Tokyo

In a bid to depopulate the metropolitan city of Tokyo, the Japanese government will offer one million yen per child to families who move out of greater Tokyo

The new rule will be applied in April this year and is an increase from the previous 300,000 yen financial incentive of 2019

Policymakers believe that people should move to the “unfashionable” parts of the country that have been hit by ageing, shrinking population and the migration of younger people

The whopping sum of one million yen will be offered to only those families who reside in the 23 wards of Tokyo

Under the scheme, however, families may lose the money if they plan to return back to the capital within five years

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