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pegasus64128

Joined: 20 Aug 2011
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Posted: Mon Jul 02, 2012 8:48 pm Post subject: |
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I always suspected that there would be Koreans having night fevers about whities getting F visas of any kind, without being owned by a family. Incidentally, my visa number is the same as it's always been, even though I changed jobs several times and had a significant break (>1 year) in between. I know I'm not "eligible" for an F2-99 but whats going on there?
And on these requirements- KIIP, immi etc:
You do know why these requirements are in place, right?
It's not that they covet Korean nationality as being on a pedestal. It's purely xenophobia. Anyone who believes otherwise is deluding themselves IMO.
I can't see this F2-S visa lasting too long either. I almost had a heart attack when I saw that visa was in circulation. I still haven't heard of someone of non-Korean ethnicity getting one. Anyone? Even if they did, that would send many Koreans into palpitations - non Korean ethnic waygooks roaming around - not being owned by an employer or a family.
Hope I'm not insulting anyone with my interpretation of visas here but that's how it seems to me. Everyone owns someone here, and not just economically, but socially. |
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TexasChicken
Joined: 05 Jul 2007
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Posted: Tue Jul 03, 2012 2:22 am Post subject: |
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I agree completely. Everything in my contract and my visa is aimed at keeping me down. I earn enough to live. No more. In the five years I have lived in Korea my salary has increased exactly 0. True I work at a university now with better vacation and shorter hours but its shocking how much prices inflate every year while my salary remains stagnant. Minimum wage was ₩3480 in 2007 and its due to increase to ₩4860 in 2013. Unless my maths horribly off thats about a 40% increase in the time ive been here. However I still earn the same salary I did in 2007.
I will study TOPIK level 2 and apply again in a couple months. But if I am rejected again I will seriously consider leaving. I've spent far too much of my life here. I dont really see conditions improving for foreigners in the future here. |
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pegasus64128

Joined: 20 Aug 2011
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Posted: Tue Jul 03, 2012 3:46 am Post subject: |
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TexasChicken wrote: |
I agree completely. Everything in my contract and my visa is aimed at keeping me down. I earn enough to live. No more. In the five years I have lived in Korea my salary has increased exactly 0. True I work at a university now with better vacation and shorter hours but its shocking how much prices inflate every year while my salary remains stagnant. Minimum wage was ₩3480 in 2007 and its due to increase to ₩4860 in 2013. Unless my maths horribly off thats about a 40% increase in the time ive been here. However I still earn the same salary I did in 2007.
I will study TOPIK level 2 and apply again in a couple months. But if I am rejected again I will seriously consider leaving. I've spent far too much of my life here. I dont really see conditions improving for foreigners in the future here. |
But that's the thing about Korea. It deftly seems to do enough to persuade you it's because of Confucianism or some other excuse. It's because of politics and xenophobia.
About conditions: I don't really see them improving anywhere right now.
I don't see them improving in Korea for foreigners because America's influence is declining if anything and China's is increasing. China has zero interest in foreigners (real foreigners - snow people etc.) settling in Korea. It would be a lot more interested in seeing all those one-child sons settling here. Of that you can be sure.
I'm always happy to be proved wrong on these matters, but I don't see it. |
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matthews_world
Joined: 15 Feb 2003
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Posted: Tue Jul 03, 2012 4:20 am Post subject: |
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I just might be eligible for the F2-99 at the end of next month and do plan to visit home. Just a question, tho.
When applying before going overseas, would we have to surrender our passport and ARC in the time that the application is being reviewed?
Also, basically, if accepted, we get a Korean citizenship number and a Korean passport? |
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TexasChicken
Joined: 05 Jul 2007
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Posted: Tue Jul 03, 2012 5:36 am Post subject: Financial Reqs. |
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Do you meet the financial requirements? Its something like 36 million won a year salary. 3000만원 in a korean bank account or a Chonsae of equivalent value. I believe you must meet 2 out of 3 of those financial requirements along with TOPIK LVL2 or above. |
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tiger fancini

Joined: 21 Mar 2006 Location: Testicles for Eyes
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Posted: Tue Jul 03, 2012 5:46 am Post subject: |
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matthews_world wrote: |
Also, basically, if accepted, we get a Korean citizenship number and a Korean passport? |
I could be wrong, but my gut instinct is that this is highly unlikely. |
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matthews_world
Joined: 15 Feb 2003
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Posted: Tue Jul 03, 2012 5:58 am Post subject: Re: Financial Reqs. |
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TexasChicken wrote: |
Do you meet the financial requirements? Its something like 36 million won a year salary. 3000만원 in a korean bank account or a Chonsae of equivalent value. I believe you must meet 2 out of 3 of those financial requirements along with TOPIK LVL2 or above. |
First time that anyone's mentioned income requirements.
Are people getting the two F-2 visas confused in this thread?
One is for length of ARC (5-years) and one F-2 is for point system.
Personally, I may qualify for the length of ARC one. |
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john110375
Joined: 30 Jul 2007 Location: seoul
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Posted: Tue Jul 03, 2012 7:52 am Post subject: |
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[quote="matthews_world"]
Also, basically, if accepted, we get a Korean citizenship number and a Korean passport?[/quote]
No visa is going to get you a Korean passport or real resident ID number. ?!
Visa=foreigner |
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TexasChicken
Joined: 05 Jul 2007
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Posted: Tue Jul 03, 2012 9:28 am Post subject: |
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No the rules changed for the F2-99 it now has an income requirement. Call 1345. They have failed to update hikorea the immigration website despite changing the rules in April. Further more you must meet 2 of the 3 income requirements. 1.5 times the GNI, show more than 3000만원 in a Korean bank account with your name and or more than 3000 만원 in chonsae or wolsae from the realestate agency. Oh and TOPIK LVL 2.
The immigration officer seemed unsure of the exact gross national income of a korean person but he quoted me something like 3600만원 a year as the requirement. To pass the income requirement.
Dont worry im sure next year they will increase the requirements even further. |
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Welshguy
Joined: 17 Feb 2009 Location: Seoul
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Posted: Wed Jul 04, 2012 8:56 pm Post subject: Re: Whats the point? |
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TexasChicken wrote: |
Whats the difference between the F5 and the F2-99 now that income and TOPIK are required?
If I pass TOPIK level 2 I'm afraid they will change the rules again.
T.C.
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Got both of the above.
The F2-99 is slightly different from when I applied.
You have to qualify with the following requirements now:
1) 5 years on your E1 or E2 Visa
2) Pass TOPIK level 2 or above
3) Show income of 1.5 times Korea's Gross National Income (GNI) for last year. Currently around US$20 000. About W30 000 000. You might also be required to show assets or income to this value.
The F5 has exactly the same requirements, expect the required GNI is double. i.e. $40 000 or W45 000 000 |
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tiger fancini

Joined: 21 Mar 2006 Location: Testicles for Eyes
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Posted: Wed Jul 04, 2012 9:08 pm Post subject: Re: Whats the point? |
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Welshguy wrote: |
TexasChicken wrote: |
Whats the difference between the F5 and the F2-99 now that income and TOPIK are required?
If I pass TOPIK level 2 I'm afraid they will change the rules again.
T.C.
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Got both of the above.
The F2-99 is slightly different from when I applied.
You have to qualify with the following requirements now:
1) 5 years on your E1 or E2 Visa
2) Pass TOPIK level 2 or above
3) Show income of 1.5 times Korea's Gross National Income (GNI) for last year. Currently around US$20 000. About W30 000 000. You might also be required to show assets or income to this value.
The F5 has exactly the same requirements, expect the required GNI is double. i.e. $40 000 or W45 000 000 |
I just called 1345 and the lady told me the same things as you've written here. She did mention a couple of other things though. She suggested that the Social Integration course provided by immigration (I think) would suffice instead of TOPIK level 2. She also said that it is required to have assets (savings or apartment deposit) of around 30,000,000 won. |
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Welshguy
Joined: 17 Feb 2009 Location: Seoul
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Posted: Wed Jul 04, 2012 9:15 pm Post subject: Re: Whats the point? |
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tiger fancini wrote: |
Welshguy wrote: |
TexasChicken wrote: |
Whats the difference between the F5 and the F2-99 now that income and TOPIK are required?
If I pass TOPIK level 2 I'm afraid they will change the rules again.
T.C.
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Got both of the above.
The F2-99 is slightly different from when I applied.
You have to qualify with the following requirements now:
1) 5 years on your E1 or E2 Visa
2) Pass TOPIK level 2 or above
3) Show income of 1.5 times Korea's Gross National Income (GNI) for last year. Currently around US$20 000. About W30 000 000. You might also be required to show assets or income to this value.
The F5 has exactly the same requirements, expect the required GNI is double. i.e. $40 000 or W45 000 000 |
I just called 1345 and the lady told me the same things as you've written here. She did mention a couple of other things though. She suggested that the Social Integration course provided by immigration (I think) would suffice instead of TOPIK level 2. She also said that it is required to have assets (savings or apartment deposit) of around 30,000,000 won. |
The W30 000 000 savings or asset has been an F2 requirement from the inception of the F2 many years ago (could be wrong about this).
Remember one thing, Immigration now issues the F2-99 on the spot. It is up to the Immigration Official whether they will ask for this or not. Better to have it. If unsure, CYOA (Cover your own ass)
Sorry for the profanity  |
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spaceman82
Joined: 01 Dec 2009
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Posted: Wed Jul 04, 2012 9:43 pm Post subject: |
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Great info here on the new requirements. I still have one question, though: Is sponsorship by a well-positioned Korean still required? |
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Welshguy
Joined: 17 Feb 2009 Location: Seoul
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Posted: Wed Jul 04, 2012 10:43 pm Post subject: |
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spaceman82 wrote: |
Great info here on the new requirements. I still have one question, though: Is sponsorship by a well-positioned Korean still required? |
Not sure. Please call Immigration hotline 1345. Personally CYOA !!! |
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Daniel1981
Joined: 30 Dec 2009
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Posted: Wed Jul 04, 2012 11:55 pm Post subject: |
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Hm, the visa names above are confusing me and the general statement that all F visas require 30 million won (or chonsea) available.
Just to be clear does the points visa require any amount of savings and any amount of income requirement?
My understanding was there were no financial requirements other than the application fee, perhaps 100,000 won. [/b] |
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