Issues
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Real Estate Agencies for ForeignersIssues 2020. 6. 8. 16:56
You can obtain information on real estate agents through the Yellow Pages, Internet or English-language newspapers such as the Korea Herald or the Korea Times. These agents provide services from contract to moving in/out. No Name of Office Representative Tel (Fax) Address of Office Language available 1 Daeshin Certified Real Estate Agency Kang Il 82-2-564-0111 (82-2-554-6400) 1F, #1, 420, Seolle..
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RegistrationIssues 2020. 6. 5. 06:16
Who needs to be registered? A foreign national who intends to stay in Korea for more than 90 days A person who has given up his/her Korean nationality and acquired another country’s nationality; a foreign national born in Korea who intends to stay in Korea for more than 90 days from the day the status of sojourn is given. The following foreign nationals are exempt from the obligation of foreign ..
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International Districts in SeoulIssues 2020. 6. 4. 06:46
Seoul has several international districts. The growth in the number of international residents is expected to increase further with plans for foreign investment zones around the city. The following are short list of some of the prominent foreign communities in Seoul. Itaewon / 이태원 Itaewon was and continues to be the largest expatriate community in the country. Located near Yongsan Garrison, it h..
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Purchase Procedures for Housing in KoreaIssues 2020. 5. 29. 04:46
Various laws, such as The Foreigner’s Land Acquisition Act, The Foreign Exchange Transactions Act, and The Foreign Investment Promotion Act, apply to foreign nationals’ acquisition of real estate in Korea. Regulations relating to land acquisition, use, and development apply equally to locals and foreign nationals. In the event of foreign nationals’ land acquisition, different laws and procedures..
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Types of Residences in KoreaIssues 2020. 5. 28. 02:29
Types of residences available in Korea are serviced residence, apartment, one-room studio, multi-family residence, hanok (Korean traditional house), etc. Serviced Residences / 생활형 수박시설 (서비스 레지던스 호텔) Serviced residences are furnished apartment buildings for both short- and long-term visitors to Seoul. They have all the necessities of a modern apartment These units are usually two to three times b..
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Types of Housing Contracts in KoreaIssues 2020. 5. 28. 02:11
In order to work in Korea, finding a place to stay is a cruicial first step. There are two main types of housing contracts in Korea; the Jeonse and Wolse. Wolse (Monthly Payment + Deposit) Wolse requires the renter to deposit a fixed sum to the landlord after which monthly rent is to be paid on a specified date each month. The amount of the security deposit for wolse is lower than that for..
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What is the Korean Immigration and Integration Program? (KIIP)Issues 2020. 5. 27. 02:40
1. What is Korea Immigration & Integration Program (KIIP)? Education program developed to help immigrants acquire basic knowledge and information about life in Korea (Korean language and Culture, Understanding Korean Society, etc.) so that they can adapt to the Korean society and become its self-reliant members 2. Eligible Participants: Foreign residents and naturalized Koreans who hold an alien..