Have you ever been dreaming of exploring South Korea? In case your reply is “sure,” it’s time to make that dream a actuality. The nation formally launched its digital nomad visa starting January 1, 2024, permitting distant employees from world wide to stay and work there for as much as two years.
“To make distant work and trip of foreigners in Korea smoother, we now have determined to launch a brand new digital nomad visa,” South Korea’s Justice Ministry stated in a press launch. “Up to now, foreigners have been required to use for vacationer visas or simply keep for lower than 90 days with no visa for ‘workcation’ in Korea. The brand new system will enable staff and employers in abroad companies to tour and work remotely in Korea for an extended time frame.”
To qualify for South Korea’s digital nomad visa, candidates should be a minimum of 18 years or older, be capable to show that they earn an annual revenue of over 84.96 million gained (equal to roughly $64,300 USD), and have labored within the trade through which they’re employed for over a 12 months. Distant employees can even want to supply particulars of their felony report and proof of personal medical health insurance. If accepted, the visas might be issued for a interval of as much as one 12 months with the potential for renewal for a second 12 months.
In case you’re inquisitive about whether or not or not you may afford the digital nomad life-style, we suggest trying out this on-line instrument, in which you’ll enter your wage and discover out which international locations providing digital nomad visas you may afford to stay in based mostly on every nation’s particular visa necessities.
Supply: Residence Remedy