Youth Housing Dream Subscription Savings Account
A preferential-rate subscription savings account that helps homeless young people aged 19-34 save toward a home, with subscription winners eligible for the low-interest Housing Dream Loan - a Ministry of Land, Infrastructure and Transport product
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No confirmed English-language contact channel was found for this service — phone or in-person contact may only be handled in Korean.
A subscription savings account for homeless young people aged 19 to 34 with annual income of 50 million won or less, run by the Ministry of Land, Infrastructure and Transport, offering interest of up to 4.5% a year, tax-free interest income, and an income-tax deduction of 40% of deposits. Existing holders of the previous Youth Preferential Housing Subscription Savings account are automatically converted with no separate application needed, and their existing deposit period and amount carry over. If you win a subscription with this account, you can apply to link it to the Youth Housing Dream Loan, which lets you borrow up to 80% of the sale price at a low interest rate. You can open an account through a participating bank's app or branch, and deposit freely from 20,000 won up to 1,000,000 won a month.
- Hours
- 24 hours (account opening during participating banks' business hours)
- Cost
- Free
- Operated by
- 국토교통부
- Information checked
