South Korea to Introduce ‘Workation’ Visa for High-Income Foreigners

Seoul – South Korea's government is set to launch a new "workation" visa next year, designed to attract foreigners who wish to work remotely while exploring the country. This initiative was announced by the justice ministry on Friday.

According to Yonhap News Agency, the "digital nomad," or "workation," visa will be available to foreigners with at least a year of work experience in the same industry and those eligible for remote work. Family members of eligible applicants will also be included in this pilot program, starting from January 1.

To qualify for the visa, applicants must have an annual income at least double that of South Korea's per capita gross national income (GNI), which was 42.48 million won (approximately US$33,002) last year. Additionally, they must possess medical insurance covering over 100 million won in medical treatment and repatriation fees.

The visa, which prohibits the holder from being hired or engaging in profit-making activities in South Korea, will be valid for one year and can be renewed for up to two years. It will be available at South Korean embassies, and those currently in the country on a temporary visa can apply if they meet the requirements.

The justice ministry anticipates that the introduction of workation visas will boost the local economy and offer a chance to showcase South Korea's landscapes and culture to a global audience. Prior to this program, foreigners looking to work remotely in South Korea had to obtain tourist visas, or their stays were restricted to 90 days without a visa.

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