Cash handouts to commence distribution tomorrow
The government’s Wealth Partaking Scheme (cash handouts) will be distributed from tomorrow (July 4), the Financial Services Bureau (DSF) confirmed in a press statement.
It is expected that the cheques and bank transfers will reach all residents of Macau that are eligible for financial support by August 4.
According to DSF, the handouts, which grant some 10,000 patacas to permanent residents and 6,000 patacas to non-permanent residents, will reach a total of 743,388 eligible residents (708,041 permanent and 35,347 non-permanent residents).
All holders of a valid or renewable Macau Resident Identity Card as of December 31, 2022, are entitled to receive the cash premium.
The handouts reach not only those currently living in Macau but also those abroad, including those with expired Macau SAR Resident Identity Cards who are currently residing abroad and can prove that they are unable to renew their IDs due to being bedridden, or completely or partly paralyzed.
For those who have submitted the documentary proof and were granted the cash premium in the previous year, the Social Welfare Bureau is authorized to exempt them from document resubmission if no new evidence is needed for the approval of the current Scheme.
For residents who are eligible for this scheme but cannot receive the cash because of death, the respective amount can be requested by the administrator of the deceased’s estate, which is required under Article 1917 of the Civil Code for the administration of the deceased estate until its liquidation and distribution.
