Child Support in Korea 2024
1. Korea’s Child Support Standard 2024
2. Reasons behind 4th Revision of Child Support in Korea
3. How it has been revised
4. Korea Child Support in effect from March 1, 2022
* Revisions unchanged in 2024, with updates only made every 4 to 5 years
5. How to Calculate
Let’s say, your monthly income is KRW 4 million and your spouse’s monthly income is KRW 3 million and you have two children, aged 3 and 6. Suppose, your spouse is going to be the one who will raise both children. Then, since your incomes combined are in the range of KRW 7,000,000-7,999,999 according to the table, the total amount of money that has to be spent on the 3-year-old child is KRW 1,598,000 per month. Then, since your share in the common pool of incomes of your family is 4/7, you will have to pay only KRW 913,143 (= KRW 1,598,000 X 4/7) to your spouse. Similarly, if we look up the expenses for the 6-year-old, we’ll see that the amount should be KRW 1,614,000 per month. And again, since your share in the total income is only 4/7, you will have to pay KRW 922,286 (= KRW 1,605,000 X 4/7) to your spouse.
The calculations above are based on the table. However, if there are any special circumstances to be considered or if there is an agreement between the spouses, the Korean Family Court can ignore the table and order the child support to be paid in a different way.
6. What If I don’t have income information from my ex?
In addition, since child support according to the child support standard table is only based on the couple’s income, even if the other person’s property is very large, it does not affect the amount of child support that the other person has to pay.
However, if the wealth of either spouse is very large, the child support calculated in the child support calculation table can be freely adjusted in consideration of that part by the court.
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