"thanks so much for this!!
I agree on what u said and I will use your usefull advices.
I just looked at some biz.plan sample and they dont seem impossible to make, just need a hard work.Yes it gonna be a way to collect as much core informations as an…"
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Matteo Torretta
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Matteo Torretta's Discussions | 님의 토론
How to get a loan to pay the huge deposite for renting a restaurant premises?
Started this discussion. Last reply by Matteo Torretta. 5 Replies 0 Likes
I spent the last months doing marketing researches and collectting informarions about the business I would like to run, which would be a "non-usual restaurant",.and It would seem to fit to the korean…Continue
Tags: wolse, deposite, business, restaurant, loan
WHAT KIND OF VISA A FOREIGNER NEED IN ODER TO OPEN A RESTAURANT IN KOREA?
Started this discussion. Last reply by Matteo Torretta. 16 Replies 0 Likes
I am just curious if a foreigner like me without any visa can open a restaurant in korea and getting automatically a visa based just on this goal. For example, I read on the web a foreigner would…Continue
How to get in a foreign branch in Korea?
Started this discussion. Last reply by Matteo Torretta. 4 Replies 0 Likes
Hello everyone, I would be thankfull to anyone who can give me some information about this:I would like to live and work in Korea not as teacher, but in a company, since I understood from many…Continue
Matteo Torretta's Page
Latest Activity | 최근 활동
"Thanks for the advices Nic and Eun.shil.
Why do would I need Balancesheet and Cashflow financing the biz by my own money?
For the moment I just have a very precise business plan in my mind, next step must be finding a korean business partner in…"
Nic Ingham replied to Matteo Torretta's discussion How to get a loan to pay the huge deposite for renting a restaurant premises?"Samsung capital has a 30 year or so history of giving foreign business loans the minimum is about $1,000,000 or so. They also help provide an investors visa. The only option I really know of out side a…"
How to get a loan to pay the huge deposite for renting a restaurant premises?
I spent the last months doing marketing researches and collectting informarions about the business I would like to run, which would be a "non-usual restaurant",.and It would seem to fit to the korean market demand.Now the problem I am faceing to is the huge deposite that korean owners want to let a premises, anyone can give me some advice about where to get a loan for my business plan (specificly for the deposite figure) as a D8 Visa holder in korea ?Is there a likely legal possibility to pay…See More
"Thanks Simon, I am going to get more informations in InvestKorea.
I know the process is much longer and more complicated than simply tranfering 100 million won, but before strongly considering this project I would need to know if the…"
Simon Hoggett replied to Matteo Torretta's discussion WHAT KIND OF VISA A FOREIGNER NEED IN ODER TO OPEN A RESTAURANT IN KOREA?"Matteo,
I strongly advise you to contact the people at Invest Korea before you proceed because it seems that you are confused about the process. It is not as simple as transferring 100 million won and getting a visa. There are many steps (criteria)…"
"I am really interested in starting a business in korea, I have a coupple of ideas, I would like to share the business with one or two korean partners, because of the language limits (eventough im studing it) and because I dont want to…"
"yes, going there would be the best but im not in korea now."
Nic Ingham replied to Matteo Torretta's discussion WHAT KIND OF VISA A FOREIGNER NEED IN ODER TO OPEN A RESTAURANT IN KOREA?"Sole proprietorship and Sole trading are not the same. Also D-8 is an investor visa to "For an applicant investing not less than 50 million won" there is a lot of legal loops there.
If your serious you should contact a notary…"
"I read on the web that having a D8 visa i can make just a sole trading company, that means I cannot have any business partner. is that right? or i can make other kinds of companies which allow me to have business partner?"
Nic Ingham replied to Matteo Torretta's discussion WHAT KIND OF VISA A FOREIGNER NEED IN ODER TO OPEN A RESTAURANT IN KOREA?"100 million is very low, renovation and equipment costs can be well over $50,000 the lease for the building significantly more. The various licenses you need to operate, as well as fees for banking and credit card processing.
$100,000…"
Sami Tut replied to Matteo Torretta's discussion WHAT KIND OF VISA A FOREIGNER NEED IN ODER TO OPEN A RESTAURANT IN KOREA?"I think it will not be so high. Whatever the size is, if you want to open your restaurant in a nice place you will need at least twice of that money. At least you may pay half of it for rental deposit."
"yes, it's 100 million. i think 100 million of won could be a too high figure to open a middle size restaurant.
anyway thanks for the informations!!"
Simon Hoggett replied to Matteo Torretta's discussion WHAT KIND OF VISA A FOREIGNER NEED IN ODER TO OPEN A RESTAURANT IN KOREA?"Hi Matteo, It seems that you were probably looking at outdated information since the Korea govt changed the amount to 100 million in Fall of 2010.
Please check the attachment for detailed information (Page 7 has the investment…"
Simon Hoggett replied to Matteo Torretta's discussion WHAT KIND OF VISA A FOREIGNER NEED IN ODER TO OPEN A RESTAURANT IN KOREA?"There are a few types of F-2 visas, one of them for long-term residents that qualify under the point system. I believe it's called the F-2(S)
The F-2 for those married to Korea nationals is being changed to a F-6 visa... Not sure if the name of…"
"ah ok, i didn't know it.
"
Profile Information | 프로파일 정보
- How long have you been involved with Korea and/or Korean business? / 한국 또는 외국에 관련된 비즈니스에 몇 년 동안 종사하였습니까?
- Less than 1 year / 1년 이하
- What is the nature of your involvement with Korea and/or Korean business? / 주로 어떤 직종의 비즈니스에 종사하였습니까?
- 2 month of holiday in korea.
- 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
- getting a good job in Korea
- How did you find out about Korea Business Central? / 어떠한 경로로 Korea Business Central를 가입하게 되었습니까?
- googleing
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