Starting today, July 2, the Macau Special Administrative Region (MSAR) government will begin distributing cash subsidies to eligible residents as part of its “Wealth Partaking Scheme 2024”.
The subsidies from the Financial Services Bureau (DSF) will be disbursed through two methods: bank transfer and mailed crossed checks.
A total of 717,018 permanent residents will each receive MOP10,000, while 30,850 non-permanent residents will receive MOP6,000. The payments will be made via bank transfer or mailed crossed checks over the next five weeks until July 31.
Priority groups, including senior citizens, disabled individuals, and students receiving government assistance, will receive their payments first via direct bank transfer starting July 2. The remaining residents will receive mailed checks starting July 9, with the distribution staggered by birth year. Residents born in 1975 or earlier will receive their checks from July 9-12, followed by younger age groups in subsequent weeks.
Residents can check the status of their payments and apply for reissued checks online through the Wealth Partaking Scheme website or their Macau One Account. They can also update their mailing address through these channels or directly with the Identification Services Bureau.
The government has allocated over MOP7 billion for this year’s scheme, which was first introduced in 2008 to help protect Macau’s economic prosperity with its residents. NS
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