Gov't to Introduce 'Workation' Visa for High-earning Foreigners | Be Korea-savvy

Gov’t to Introduce ‘Workation’ Visa for High-earning Foreigners


A workation space (Image provided by the special self-governing province of Jeju Island)

A workation space (Image provided by the special self-governing province of Jeju Island)

SEOUL, Dec. 30 (Korea Bizwire) – The government will launch a “workation” visa next year to allow foreigners to travel across the country while working remotely, officials said Friday.

The justice ministry said it will start issuing “digital nomad,” or “workation,” visas to foreigners with over a year of work experience in the same industry, and those eligible for remote work, along with their families, in a pilot program beginning Jan. 1.

In order to apply for the visa, applicants are required to have an annual income twice as much as South Korea’s per capita gross national income (GNI). South Korea’s per capita GNI was 42.48 million won (US$33,002) last year.

Applicants should also have medical insurance that covers over 100 million won in medical treatment and repatriation fees, according to the ministry.

Travelers visiting under the visa cannot be hired or be involved in any profit-making activity during their stay.

The visa, which is valid for a year and renewable for up to two years, can be issued at South Korean embassies, and those currently residing in the country under a temporary visa can also apply for it if they meet the requirements.

The justice ministry said the issuance of the workation visas is expected to revitalize the local economy and provide an opportunity to promote the country’s scenery and culture.

Previously, foreigners who wished to work remotely while staying in the country had to get tourist visas or their stays were limited to 90 days without a visa.

(Yonhap)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>