South Korea has recently introduced a new visa policy, known as the “digital nomad visa,” in an effort to attract more foreign tourists and generate significant tourism revenue. The initiative, which was launched on New Year’s Day, allows foreign nationals to live in the country for up to two years while continuing to work remotely for their home country.
Previously, foreigners visiting South Korea could apply for tourist visas or stay for less than 90 days without a visa for work-related purposes. However, the new digital nomad visa allows employees and employers from overseas firms to work and travel in Korea for a longer period of time, making the process more convenient and streamlined.
The primary objective of this visa scheme is to appeal to young individuals who are interested in Korean culture and entertainment, particularly the famous “Hallyu” or Korean Wave phenomenon. With K-pop and K-dramas gaining popularity across Asia and beyond, there has been a significant increase in young Indian tourists and students showing a keen interest in South Korea.
To apply for the digital nomad visa, applicants must be at least 18 years old and have a minimum of one year of work experience in their respective fields. They are required to submit documents demonstrating an annual income of over 84.96 million won ($65,860) to the Korean embassy directly or through a visa agent. Additionally, applicants must possess private health insurance coverage of at least 100 million won.
Employment verification documents, details of any criminal records, and proof of private health insurance must also be included with the application. Successful applicants are permitted to bring their spouse and children under the age of 18. Initially, the visa allows a one-year stay in Korea, with the option to extend for an additional year. Even tourists already in South Korea under other types of visas are eligible to apply for the digital nomad visa.
However, it is essential to note that individuals holding the digital nomad visa are not eligible for employment opportunities within South Korea. The primary purpose of this visa is to support remote work while providing a vibrant and culturally immersive experience in the country.
