LONDON, March 11 (Korea Bizwire) — Caribbean nations are becoming investment hubs in the global arena, offering attractions such as safety, lucrative financial diversification options and of course idyllic lifestyles that make them desirable places to take up second citizenship. This is according to the World Citizenship Report (WCR), which ranked countries that provide citizenship by investment [...]
SEOUL, April 26 (Korea Bizwire) — The government is pushing to lower the barrier for children of permanent residents in South Korea to gain citizenship here, the justice ministry said Monday. Under a provisional revision to the Nationality Act, children of a permanent resident with “close ties” to South Korea will be able to acquire [...]
SEOUL, March 29 (Korea Bizwire) — South Korea’s overseas diplomatic missions will issue naturalized citizens certificates on the submission of documents proving foreign nationality renunciation to help them avoid the trouble of visiting the country, the foreign ministry said Monday. Starting Wednesday, naturalized citizens staying overseas can get certificates on their renunciation of foreign nationality [...]
CHUNCHEON, Nov. 28 (Korea Bizwire) — Nine foreign nationals awaiting naturalization participated in a rehearsal for an upcoming citizenship ceremony at the Chuncheon Immigration Office in Chuncheon, Gangwon Province on Tuesday. “As a proud citizen of the Republic of Korea, I solemnly swear that I will abide by the Korean Constitution and its laws and [...]
SEOUL, Apr. 24 (Korea Bizwire) — Nine out of 10 North Korean defectors said they were proud to be South Koreans, a survey showed Saturday. According to the poll by the Korea Hana Foundation, a South Korean unification ministry affiliate, 92.3 percent of 2,663 North Korean defectors said they were proud to be South Korean [...]
SEOUL, Sept. 20 (Korea Bizwire) – Disillusioned by ruthless competition in academics and employment, and the uncertainty of Korea’s economic and social destiny, an increasing number of Koreans are giving up their citizenship, with many in their teens and 20s. Recent statistics from the Ministry of Justice revealed that 25,362 Koreans gave up their nationality [...]
SEOUL, Sept. 19 (Korea Bizwire) – South Korea’s ruling Saenuri Party said Monday around 3,400 men are giving up their citizenship annually to evade the mandatory military duty, adding the government should take steps to restrict their economic activities in the country. Currently, all able-bodied South Korean men between the ages of 18 and 35 [...]