Introduction
This digital nomad visa will allow foreigners to work remotely in Korea for up to two years, with the option to bring their families along. The visa aims to attract high-earning professionals and boost the local economy. In this post, I will discuss the eligibility requirements and benefits of the digital nomad visa, as well as the application process.
Eligibility and Requirements
To be eligible for the digital nomad visa, applicants must be 18 years or older and have at least one year of work experience in their current field. Additionally, the visa requires applicants to have an annual income double the amount of Korea's gross national income (GNI) per capita for the previous year. As of 2022, Korea's GNI per capita is 42.48 million won ($33.000), meaning applicants must have an annual income of 84.96 million won (~$66.000).
Benefits and Application Process
The digital nomad visa allows foreigners to work remotely for a company abroad while residing in Korea for up to 2 years. Families are also welcome, as visa holders can bring their spouse and children along.
To apply for the digital nomad visa, you can come to Korea on a tourist visa and apply for the digital nomad visa at the immigration office in Korea!
Conclusion
To be honest even with this information the details are still not very clear and how it would work in practice. But it's a big step forward in gaining clarity and adding another visa option for those who want to live in Korea.
- Starting from January 1st 2024
- Foreigners who work for a foreign company remotely from Korea
- 1 Year (+1 Year Extension) [2 Years Maximum]
- Work experience more than a 1 year
- Annual income: ~$66.000
- Not Work for Korean Company
- Foreign Health insurance for the duration (1 Year or 2 Years)
- Cover 100 Million Won
- Cover Medical Evacuation
The introduction of the digital nomad visa in Korea opens up new possibilities for remote workers and digital nomads seeking an enriching experience abroad. With the opportunity to work remotely for up to two years and the option to bring their families along, foreigners can explore Korea's vibrant culture while continuing their professional journey. The digital nomad visa not only benefits individuals but also aims to stimulate the local economy by attracting high-earning professionals to various regions in Korea. If you're a remote worker looking for an exciting work-life balance in a dynamic country, the digital nomad visa in Korea may be the perfect opportunity for you.
Source: Korea Joong Ang Daily
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