Sci-Tech
2 years ago

South Korea introduces Digital Nomad Visa 'Workation'

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To foster a vibrant remote work culture, South Korea has launched the Digital Nomad visa, colloquially known as the 'workation' visa, officially effective from January 1, 2024. The initiative is designed to lure foreign professionals seeking a change of scenery while continuing their remote work. 

Notably, this visa is extended to individuals and families, allowing spouses and children to join the 'workation' experience.

The Digital Nomad visa offers foreign workers an opportunity to enjoy a stay of up to two years in South Korea, with the option to extend for an additional year. However, applicants must meet specific criteria outlined by the South Korean government to be eligible for this unique visa.

Prospective digital nomads need to be at least 18 years old, possess a minimum of one year of work experience in their respective industries, and, crucially, be employed by a company outside of South Korea. Financial eligibility is a key factor, requiring applicants to have earned more than 85 million won or $66,000 in 2023 – double South Korea's gross national income (GNI) per capita from the previous year.

The application process involves submission through the Korean embassy in the applicant's home country. 

For those already present in Korea, alternative options include switching to visa exemptions (B-1), tourist visas (B-2), or a short-term stay visa (C-3). Health and safety are paramount concerns, and applicants are required to have personal medical insurance covering at least 100 million won throughout their stay.

The application dossier must include various documents such as a visa request form, passport, passport copy, passport picture, proof of employment, pay slips, and bank statements demonstrating income. 

Additional requirements include proof of taxable income, a criminal record, proof of insurance, and an address in Korea. Prospective applicants are advised to personally check with their country's Korean embassy for a comprehensive list of required documents to ensure a successful application.

Despite the opportunities the Digital Nomad visa presents, holders are not permitted to work for a Korean organization or engage in any local profit-making activities during their stay. The South Korean government has not specified any country-specific requirements in the official eligibility list.

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