| View previous topic :: View next topic |
| Author |
Message |
cherrycoke
Joined: 13 Sep 2009
|
 Posted: Mon Sep 21, 2009 3:49 am Post subject: re: hagwon start up |
 |
|
| I talked to a friend of mine that used to own a hagwon. She told me that foreigners cannot own a hagwon, they must partner with another Korean. Does this mean that if a foreigner invested 50%, the Korean owns the hagwon? With Korean laws always making foreigners need the permission of a Korean all the time I wouldn't too surprised if this was the case. Has anyone here opened up a hagwon in ROK? |
|
| Back to top |
|
 |
Scouse Mouse
Joined: 07 Jan 2007
Location: Cloud #9
|
| Posted: Mon Sep 21, 2009 3:54 am Post subject: |
|
|
| Plenty of foreigners own hagwons... just not on an E-2 visa. |
|
| Back to top |
|
|
cherrycoke
Joined: 13 Sep 2009
|
| Posted: Mon Sep 21, 2009 4:06 am Post subject: |
|
|
| Scouse Mouse wrote: |
| Plenty of foreigners own hagwons... just not on an E-2 visa. |
so they get an F2 or do they just invest as a partner with a Korean national? Sorry but your answer is vague. |
|
| Back to top |
|
|
Scouse Mouse
Joined: 07 Jan 2007
Location: Cloud #9
|
| Posted: Mon Sep 21, 2009 6:13 am Post subject: |
|
|
Setting up with an F-2 is very difficult (though not impossible by all accounts). It is much easier to get a partner (such as a wife) to do it.
On an F-5, you can do as you please. |
|
| Back to top |
|
|
Juregen
Joined: 30 May 2006
|
| Posted: Mon Sep 21, 2009 3:39 pm Post subject: Re: re: hagwon start up |
|
|
| cherrycoke wrote: |
| I talked to a friend of mine that used to own a hagwon. She told me that foreigners cannot own a hagwon, they must partner with another Korean. Does this mean that if a foreigner invested 50%, the Korean owns the hagwon? With Korean laws always making foreigners need the permission of a Korean all the time I wouldn't too surprised if this was the case. Has anyone here opened up a hagwon in ROK? |
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA |
|
| Back to top |
|
|
Juregen
Joined: 30 May 2006
|
| Posted: Mon Sep 21, 2009 3:40 pm Post subject: |
|
|
| Scouse Mouse wrote: |
Setting up with an F-2 is very difficult (though not impossible by all accounts). It is much easier to get a partner (such as a wife) to do it.
On an F-5, you can do as you please. |
HAHAHAHAHAHAHAHAHAHAHAHA |
|
| Back to top |
|
|
Juregen
Joined: 30 May 2006
|
| Posted: Mon Sep 21, 2009 3:43 pm Post subject: |
|
|
Sorry for the laughs, but sometimes ......
On an F-2,F-4, or F-5 you can easily start your own hagwon, that is if you do all the bureaucratic work and meet with the standards.
If you don't have those, you can apply for a D-8 visa (investors Visa), trust me when I say that the MoE is jumping to get more qualified schools to run in their area.
If you are on an E-2 you are tied to a contract, so you first have finalize that one ..... |
|
| Back to top |
|
|
cherrycoke
Joined: 13 Sep 2009
|
| Posted: Mon Sep 21, 2009 3:50 pm Post subject: |
|
|
| Juregen wrote: |
Sorry for the laughs, but sometimes ......
On an F-2,F-4, or F-5 you can easily start your own hagwon, that is if you do all the bureaucratic work and meet with the standards.
If you don't have those, you can apply for a D-8 visa (investors Visa), trust me when I say that the MoE is jumping to get more qualified schools to run in their area.
If you are on an E-2 you are tied to a contract, so you first have finalize that one ..... |
thanks for that very informative answer. In other words a foreigner only need an investors visa to open a hagwon, no Koreans are needed. |
|
| Back to top |
|
|
TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
|
| Posted: Mon Sep 21, 2009 8:29 pm Post subject: |
|
|
| cherrycoke wrote: |
| Juregen wrote: |
Sorry for the laughs, but sometimes ......
On an F-2,F-4, or F-5 you can easily start your own hagwon, that is if you do all the bureaucratic work and meet with the standards.
If you don't have those, you can apply for a D-8 visa (investors Visa), trust me when I say that the MoE is jumping to get more qualified schools to run in their area.
If you are on an E-2 you are tied to a contract, so you first have finalize that one ..... |
thanks for that very informative answer. In other words a foreigner only need an investors visa to open a hagwon, no Koreans are needed. |
You are going to need a Korean to speak to the mothers...somehow I doubt they are going to be lining up to register their children at a hakwon that doesn't have a single Korean in it. At the very least you'd need someone who can speak fluent Korean. |
|
| Back to top |
|
|
Juregen
Joined: 30 May 2006
|
| Posted: Mon Sep 21, 2009 9:56 pm Post subject: |
|
|
| TheUrbanMyth wrote: |
| cherrycoke wrote: |
thanks for that very informative answer. In other words a foreigner only need an investors visa to open a hagwon, no Koreans are needed. |
You are going to need a Korean to speak to the mothers...somehow I doubt they are going to be lining up to register their children at a hakwon that doesn't have a single Korean in it. At the very least you'd need someone who can speak fluent Korean. |
Yes, you are completely right.
My hagwon did not take off until I hired a bilingual secretary.
Still, some people hold back just due to the fact that the wangjamnim is not Korean. |
|
| Back to top |
|
|
yeremy
Joined: 05 Nov 2007
Location: Anywhere's there's a good bookstore.
|
| Posted: Mon Sep 21, 2009 10:18 pm Post subject: Re: Hagwon |
|
|
| Juregan is right on. You will be much better off hiring a bi-lingual Korean to work with you. You will have quite a few fairly long meetings with prospective students and their parents, if they are young, when you start a hagwon or any other English type of business. |
|
| Back to top |
|
|
cherrycoke
Joined: 13 Sep 2009
|
| Posted: Mon Sep 21, 2009 10:49 pm Post subject: |
|
|
| Im curious how much do you put aside for your hagwon and how much do you make a month? |
|
| Back to top |
|
|
Juregen
Joined: 30 May 2006
|
| Posted: Tue Sep 22, 2009 1:22 am Post subject: |
|
|
| cherrycoke wrote: |
| Im curious how much do you put aside for your hagwon and how much do you make a month? |
That my friend, is for you to calculate. |
|
| Back to top |
|
|
cherrycoke
Joined: 13 Sep 2009
|
| Posted: Tue Sep 22, 2009 1:33 am Post subject: |
|
|
| Juregen wrote: |
| That my friend, is for you to calculate. |
I'm not your friend, buddy. |
|
| Back to top |
|
|
makemehavefun
Joined: 12 Sep 2009
|
| Posted: Tue Sep 22, 2009 1:40 am Post subject: |
|
|
| Juregen wrote: |
| cherrycoke wrote: |
| Im curious how much do you put aside for your hagwon and how much do you make a month? |
That my friend, is for you to calculate. |
Just curious... what's the age range of your students? How long have you been open? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
