뉴스코리아

Young Farmers, Making Dreams a Reality! Settlement Support Program Guide

  • Written Language: Korean
  • Country: All Countriescountry-flag
  • Economy

Created: 2024-11-20

Created: 2024-11-20 00:37

Settling in rural areas and pursuing a career in agriculture, particularly for younger generations, presents an appealing option; however, it also comes with many challenges, including high initial investment costs and unstable income. To address these issues and ensure young people can stably establish themselves in agriculture, the government is implementing various support programs. Among them, the Young Farmers’ Settlement Support Programis one of the most noteworthy support programs for young farmers.

Who is eligible for support?

  • Age: 18 years old or older ~ under 41 years old
  • Farming Experience: Those planning independent farming or those with 3 years or less of independent farming experience
  • Military Service: Completed military service or exempt from military service
  • Residence: Registered residence in the city, county, or district where farming will be conducted
  • Other: Must not have assets or income above a certain level

What kind of support is available?

  • Farming Settlement Allowance: Support of 900,000 to 1,100,000 KRW per month for up to 3 years
  • Farming Startup Loan: Low-interest loan of up to 500 million KRW
  • Technical and Management Training and Consulting: Support for improving agricultural skills
  • Farmland Bank Program: Support for farmland leasing and sales

How do I apply?

Young Farmer Farm Settlement Support Program

Young Farmer Farm Settlement Support Program

  • Online Application: Apply through the Agri-business Information System (Agrix) website
  • Application Period: December to January of the following year (check for possible changes)

Why should I participate in the Young Farmers’ Settlement Support Program?

  • Stable Settlement: Stable farming life through reduced initial financial burden and income security
  • Strengthened Expertise: Cultivating agricultural expertise through various training programs
  • Contribution to Rural Society: Contributing to rural revitalization and regional economic development
  • Future Growth Potential: Identifying various opportunities and growth potential in the agricultural field

Frequently Asked Questions (FAQ)

  • Q. Can I apply even if I have no farming experience?
    • A. Yes, if you are planning to start independent farming, you can apply.
  • Q. Can foreigners apply?
    • A. No, only South Korean citizens can apply.
  • Q. Can university students apply?
    • A. No, currently enrolled students cannot apply.
  • Q. Can I apply if I inherit my parents’ farm?
    • A. Yes, if you register the farm under your own name and manage it independently.

Take the first step towards becoming a successful farmer. Start now!

The Young Farmers’ Settlement Support Program is a comprehensive support system that goes beyond simple financial assistance; it helps young people successfully establish themselves as farmers. If you are passionate about agriculture, use this program to turn your dreams into reality.

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