South Korea has introduced a digital nomad visa, effective from January 1, 2024, inviting global remote workers to enjoy an extended stay for up to 2 years.
I. What is the Digital Nomad Visa in South Korea?
The Digital Nomad Visa is a new initiative by South Korea, allowing foreign residents to live and work remotely in the country for a foreign company. This visa is part of South Korea's strategy to embrace the global 'workcation' trend and boost its global competitiveness by attracting international professionals.
II. Who is Eligible for the Digital Nomad Visa?
Eligible applicants must be 18 or older, with a minimum of one year of experience in their current field. They must demonstrate financial stability with an annual income of around $65,860, twice the per capita income in South Korea, and have no criminal record. Those already in South Korea on certain tourist visas can also apply.
Eligibility checklist:
Age 18 or older.
At least one year of experience in the current field.
Annual income of at least $65,860 USD.
No criminal record.
III. Duration and Entry Specifications
The visa grants an initial one-year stay, extendable for one more year, totaling a possible two-year stay. It's tailored for individuals seeking to balance professional duties with the immersive experience of living in South Korea--a huge improvement from the standard 90-day tourist visa.
V. Required Documents and How to Apply
Applicants must submit proof of income, employment verification, a criminal record check, and private health insurance with coverage of at least 100 million won. Applications must be submitted to the Korean embassy in the applicant's home country. Required documents checklist:
Proof of income demonstrating an annual income of around $65,860 USD.
Employment verification from the current employer.
An official criminal record check.
Private health insurance with a minimum coverage of 100 million won.
V. Frequently Asked Questions
Can I bring my family to Korea with this visa?
Can I work for a Korean company with this visa?
What if I'm already in Korea on a tourist visa?
Is there a language requirement for the Korean digital nomad visa?
How much money do I need to earn to be eligible?
Which countries can apply for the Korean digital nomad visa?
What if I get fired or quit while working on this visa?
South Korea's Digital Nomad Visa offers a unique opportunity for global professionals to explore and work within its dynamic culture. With a straightforward application process and the potential for a two-year stay, it's an inviting option for those seeking a blend of work and cultural exploration.
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