The family capital program has been extended from 1 January 2020 till 31 December 2024. The opportunities for tapping into family capital ahead of schedule have been expanded.
Base family capital will equal Br22,500 as from 1 January 2020. It will be annually adjusted depending on the consumer price index.*
Who is eligible:
Belarusian citizens upon the birth (adoption) of a third and subsequent children provided that a family has at least three children under 18, including the newborn or the adopted child.
Where to apply:
Local executive and administrative bodies within six months after the birth (adoption) of the child.
When and how family capital can be used:
Once the child turns 18
To improve housing
To get education, social services, healthcare services
To add to the mother's pension account.
Housing (large families on the waiting list in need of better housing)
Large families who were assigned family capital in 2015-2016 also have the right to use the funds ahead of schedule for the abovementioned purposes.
* The funds will be kept as Family Capital deposits in OAO ASB Belarusbank.
Source: Belarus president decree No.345 On Family Capital of 18 September 2019