South Korea Digital Nomad Visa Launched for Remote Workers
South Korea has recently announced the launch of a new digital nomad visa, also known as the Workcation visa, which will allow remote employees to live in South Korea for up to two years while working remotely in some of the best digital nomad cities in Asia. The South Korean Digital Nomad Visa was introduced to ride the wave of increased tourism in the country and attract 20 million foreign visitors next year, increasing tourism revenue to an astonishing $24.5 billion.
The South Korea digital nomad visa is expected to launch on January 1, 2024, and applicants may include their spouse and dependents after receiving visa approval. Those already in South Korea with a temporary visa may convert it to the South Korea digital nomad visa while already in the country.
For those unfamiliar with the concept of digital nomad visas, they allow remote workers to temporarily reside in a foreign country. To be eligible for a digital nomad visa, you must work as a remote employee, freelancer, or business owner, for a company or clients located abroad. You must also prove that you meet minimum income requirements set by the government. Many digital nomad visas allow applicants to bring family members with them. Children can be enrolled in local schools and your family can have an experience of a lifetime. Additionally, some digital nomad visas lead to permanent residency, allowing digital nomads to create a homebase abroad for themselves. It’s important to note that digital nomad visas do not allow you to seek local employment in the country or engage in local business activity.
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The South Korea digital nomad visa is a great opportunity for remote workers who are interested in experiencing the unique lifestyle of South Korea. With the launch of this visa, South Korea joins other Asian countries, such as Malaysia, Thailand, and the Philippines, in welcoming digital nomads to temporarily reside in the country.
Eligibility & Requirements For South Korea Digital Nomad Visa
Certainly! To be eligible for the South Korea digital nomad visa, you must meet the following requirements:
- You must be between 18 and 30 years old.
- You must not be accompanied by a dependent while in Korea.
- You must be in your home country when you apply.
- You must have worked in your current field for at least a year.
- You must hold private health insurance with coverage of at least 100 million won to ensure the ability to travel back home in an emergency.
There are no income requirements yet for this South Korea digital nomad visa, but some other Asian countries require a minimum of $45,000 – $50,000 USD.
How to apply for South Korea Digital Nomad Visa?
The application process for the South Korea digital nomad visa is straightforward. You need to fill out an online application form and submit it to the South Korean embassy or consulate in your country. They will review your application and send you a confirmation. You will need to pay a visa fee of about US$40 (or €35 or £30) .
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