Helpful Resources for Making it Big in Korea
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Jason T. Chun
- Laguna Woods, CA
- Korea, Republic of
- Blog Posts | 블로그 포스트
- Discussions | 토론 (5)
- Event Postings
- Groups | 그룹
- Videos | 동영상
Jason T. Chun's Discussions | 님의 토론
*** URGENT: D-8 VISA HOLDERS ***
15 Replies
*** VERY IMPORTANT NOTICE ***D-8 visa holders are in a frenzy to somehow convert their sole proprietorship's into corporations in order to continue living in Korea. The immigration office released a…Continue
Started this discussion. Last reply by Chris Lott.
Jason T. Chun's Page
Latest Activity | 최근 활동
Jason T. Chun posted an event
November Seminar by the Yeouido Global Business Center - Taxes & Corporations at Yeouido Station (L5&9), Exit 4, Regus Business Center at the Kyobo Securities Building (교보증권), 10th Floor
November 30, 2012 from 4pm to 6pm
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Met with the Immigration officer at KOTRA today, confirmed the points I learned Friday at Mokdong. (a) converting any $50K/D8 company to a corporation will require an additional investment of $50K, if not $100K (he wasn't entirely…"
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Roger - we just visited today. I was told, and a friend of mine who visited this morning was told as well, that there is some risk in applying for the D-9. They told us it wasn't an automatic thing - you formally were re-applying…"
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Visited Mokdong late this afternoon. Not happy news for me. Let me pass along some interesting points.
This new rule only applies to sole-proprietorships - ONLY. Partnerships, which usually are considered the same category as…"
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Amazing. Assuming the English translation is reasonably correct, that's not what the announcement says. But that's good news. Well, it's good news if people know about it! "
Jason T. Chun replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"You would think so, right? It's ridiculous that this notice was only posted on the Korean site and not on the English. Oh, and I found this out today. THE MONDAY, OCTOBER 29th DEADLINE ONLY APPLIES TO NEW D-8 APPLICANTS.…"
Jason T. Chun replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Yes, the D-8 FDI amount doubled to $100,000 last year, but the $300,000 is required for a D-9, trade manager's visa. That is being waived for those converting from a D-8. Roger is the second person to confirm that this easy process costs…"
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Does anyone know if they are applying this equally to partnerships? Or only sole-proprietorships? I sense from reading the English translation, they really mean either form of non-corporate company, sole-proprietorship and…"
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Did anyone (D-8 holder) receive a notice from immigration? I heard it through the rumor mill. I just called a friend who also has a D8, and he was unaware of the change. Would this kind of sudden rule change warrant at least a letter…"
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"Jason:
Thanks for this. I just heard this through the rumor mill this morning, and found the details here in your post.
First, just idle curiousity, what are the details of this court case which prompted the change? I'd be…"
Chris Lott replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"It appears I have been extremely lucky with this sudden regulation change. I'm on a D-8 and have a partnership (equivalent to a sole proprietorship, but with multiple owners). We set about changing our company into a corporation a…"
Roger Shepherd replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"I am a D8 holder and got my new D9 visa issued today. The procedure was supportive and smooth. This is the best way to go for those that wish to stay as sole proprieter. I only paid the administrative fees - about 65,000W.
Thanks to SGBC and KBC for…"
Jason T. Chun replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"개인사업자의
Sole proprietor's
기업투자(D-8)자격 취득(유지)에 대한 안내문
Regarding a Business Investment (D-8) qualifications to acquire (maintain) notice.
이 안내문은 기업투자(D-8) 자격의 취득 또는 유지를 희망하는 외국인 개인사업자에게 관련 사항을 안내하기 위한 것입니다.
This notice of…"
Steven S. Bammel replied to Jason T. Chun's discussion *** URGENT: D-8 VISA HOLDERS ***"That's good information, too. Thanks a lot, Jason!"
Profile Information | 프로파일 정보
- Company Name / 회사이름
- Yeouido Global Business Center
- Job Title / 직함
- Coordinator
- How long have you been involved with Korea and/or Korean business? / 한국 또는 외국에 관련된 비즈니스에 몇 년 동안 종사하였습니까?
- 1-3 years / 1~3년 경력
- What is the nature of your involvement with Korea and/or Korean business? / 주로 어떤 직종의 비즈니스에 종사하였습니까?
- Counsellor
- What is at least one benefit you hope to get from joining the Korea Business Central community? / 어떠한 목적을 갖고 Korea Business Central에 회원가입을 하였습니까? 또한, Korea Business Central 에 바라는 점
- I would like to get the word out about the D-8 visas before it's too late~!
- How did you find out about Korea Business Central? / 어떠한 경로로 Korea Business Central를 가입하게 되었습니까?
- Someone introduced me to the site.
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