Reasons for choosing to immigrate to Korea

In recent years, the number of immigrants to South Korea has been increasing. I believe many people have doubts. Why do you want to immigrate to Korea to live? Here are the reasons for choosing to immigrate to Korea. Welcome to read!

Overseas asset allocation

Nearly half of customers choose Korean immigrants because of overseas asset allocation, including but not limited to buying real estate, which can be used as real estate. At the same time, many people choose Korean real estate because of permanent property rights. It is considered that setting up a set of permanent property rights overseas is a necessary way to allocate assets.

Another way is Korean fund immigration. The fund here is not a fund of financial products in the traditional sense, and there is no personal fund account, so don't worry about CRS.

Whether buying a house or a fund, you can apply for Korean immigration without being monitored by CRS system. On the one hand, you can ensure the safety of your own funds, on the other hand, you can distribute your property around the world instead of putting your eggs in one basket.

Children education

Customers who choose Korean immigrants for their children's education are another big group. These customers are mainly for children's international education, because Jeju Island has an international English education city in Northeast Asia. Many parents go to the other side of the ocean to let their children receive a pure international education. Because the child is not at ease, grandparents accompany their mother at one time. However, when they learned about the branch school in Jeju Island, they decided to choose South Korea after visiting the school in person.

Teachers are directly assigned from overseas schools, and the curriculum configuration follows overseas schools, but the campus is wider and more comprehensive than overseas schools, because this is why so many people choose South Korea for their children's education.

Green card identity

The third reason for applying for Korean immigration is green card status. Among them, because some customers have business in Korea or travel between China and South Korea for a long time, they need a legal identity to facilitate their work and business in Korea. South Korean investment immigrants are their most convenient choice. Long-term status can be obtained only by investment without layers of review and submission of materials.

There are still some people who have taken a fancy to green card status for the benefit of this country's green card. As a developed country, South Korea is absolutely perfect in terms of welfare, both in education and pension. So many people choose Korean green card status for welfare.

Close distance+excellent environment

Another person chose Korea because of its unique geographical location. Because it is close, you can go at any time, and it is only 1-3 hours' flight distance from major cities in China. If you go shopping on holiday on weekends, you can come back to work on Monday. It won't delay your business at all, and you can even entertain your business partners to play golf in the past, which is much more convenient than driving from the city to the suburbs.

Not to mention the high environmental quality, Jeju Island is famous for its zero smog, and the distinct characteristics of the four seasons also make many Korean immigrants go to Jeju Island to support the elderly. The water quality is pure groundwater, and the air is fresh air with a PM of only 0.04 1. This place is most suitable for recuperation, retirement and holiday.

Extended Reading: Answers to Frequently Asked Questions of Korean Immigrants

1. Can I work or do business in Korea with my F2 status?

A: You can work in Korea. Whether you are applying for a job or doing business in Korea, you can work, study and do business anywhere in Korea, not just in Jeju Island.

2. Can I become a Korean citizen after successfully immigrating to Korea?

A: You can apply for Korean nationality after living in Korea for five years. South Korea's passport ranks third in the world, and the United States, Canada, the European Union and other countries are visa-free, and the convenience is also one of the best.

3. What does 3.F5 get?

A: F5 is a permanent residence visa, also known as a green card. After holding an F2 visa for five years, you can change to an F5 visa for permanent residence. At this time, you only need to land in Korea once every two years. No need to renew, you can land in any city in Korea.

4. Is there an age requirement for bringing children?

A: There is no age limit. No matter how old you are, as long as you are unmarried, as long as your children are legally unmarried, you can apply for Korean identity with your parents.

5. What taxes do I have to pay after emigrating to Korea?

A: For Korean green card holders, there is no tax worldwide. As long as they don't live in Korea as their main residence, all their income is not taxed. The annual property holding tax is low, and you only need to pay 0. 15%-0.4% of the total property every year. And the fund has no tax every year.

6. Can I open a foreign currency account in Korea?

A: Of course, if you have Korean status, you can open an account in any commercial bank in Korea. The procedure is simple and convenient, especially for those who apply for Korean capital immigration, they can get two bank accounts (Korean currency account+US dollar account) for free at one time, said the global overseas project manager.

At the same time, having a Korean green card is equivalent to having a Korean tax number, which can be used at any time. At the same time, non-Korean income does not need to pay Korean tax, so it is an absolutely useful overseas tax number to use.