Korean government subsidy for childcare
If you are married to a Korean and you have a child who is 만5세 (born January 1, 2006-December 31,2006) OR YOUNGER (even if your child is only a month old), you can get the Korean government subsidy for childcare. It means that you can send your child to the daycare for free. It also means that if you don’t want to send your child and you prefer to take care of him at home, you can still get government subsidy.
All you have to do is go to “dong samuso” or your village office and ask for “i-sarang card”. You will be given four pieces of paper for registration. One of them is for the bank card application.
Ask your Korean spouse to fill it up and return to the village office. Apply for the bank card, if you haven’t done so. The “i-Sarang” card is available at any branch of Hana Bank, Kookmin Bank and Woori Bank. Shinhan Bank has stopped this service until the end of last year. All you have to do is to tell the teller that you want to open an account (if you still don’t have one with any of the banks mentioned) and get the “i-Sarang” card for your child.
Remember that the Korean government subsidy is for multicultural kids who may or may not be attending day care. If you prefer to care for your child at home, you can still get the subsidy. This is regardless of financial capacity of multicultural families (where one parent is a Korean).
By the way, this is only for children of multicultural families who are in Korea. If you are not in Korea, you can’t get this subsidy for your child.