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missty
Joined: 19 Feb 2008
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 Posted: Thu Apr 25, 2013 9:53 pm Post subject: D-8 visa - Now must invest a lot more money? |
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I've been reading up on the D-8 visa (business visa) for Korea, and I was wondering if anyone else has heard of this new change. I don't think that it has been implemented (or even formally announced) yet, but I read that instead of investing 100.000.000, you will soon have to be able invest 300.000.000 won!
Has anybody else heard this? I have only found one person touting this information, but he seems legit. Obviously this is a huge leap in the amount that you would need to invest, and will factor greatly into my future plans. Or lack thereof.
Here's the article I found: http://nojeokhill.koreanconsulting.com/2013/03/key-information-about-changes-to-the-korean-d-8-visa-rules.html
Is there anyone with this visa who has heard of these changes? Thanks! |
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Lucas
Joined: 11 Sep 2012
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| Posted: Thu Apr 25, 2013 10:04 pm Post subject: |
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That's too bad!
(God I think the text book has infected my brain!)
I heard the 300 figure too. Don't remember where I read it though......
What were you planning on opening?
I'd imagine it would only affect people applying for new D-8 VISAS too? |
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cfile2
Joined: 28 Jun 2010
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| Posted: Thu Apr 25, 2013 10:32 pm Post subject: |
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| I just wrote an article about this for Yonhap. Yes it's true. It will come into effect in June. |
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jdog2050
Joined: 17 Dec 2006
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missty
Joined: 19 Feb 2008
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| Posted: Thu Apr 25, 2013 11:26 pm Post subject: |
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| Lucas wrote: |
That's too bad!
(God I think the text book has infected my brain!)
I heard the 300 figure too. Don't remember where I read it though......
What were you planning on opening?
I'd imagine it would only affect people applying for new D-8 VISAS too? |
I have a couple of ideas for a business that I've been running through my mind for a while now, but I hadn't settled on anything concrete. I was just doing some basic research when I stumbled across the article I posted. 
It seems like there is conflicting information about it though. Is that Facebook link legit? I would be ok with a small hike in cost, but 300 million is taking it to the extreme! |
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jdog2050
Joined: 17 Dec 2006
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| Posted: Fri Apr 26, 2013 12:00 am Post subject: |
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| missty wrote: |
| Lucas wrote: |
That's too bad!
(God I think the text book has infected my brain!)
I heard the 300 figure too. Don't remember where I read it though......
What were you planning on opening?
I'd imagine it would only affect people applying for new D-8 VISAS too? |
I have a couple of ideas for a business that I've been running through my mind for a while now, but I hadn't settled on anything concrete. I was just doing some basic research when I stumbled across the article I posted.
It seems like there is conflicting information about it though. Is that Facebook link legit? I would be ok with a small hike in cost, but 300 million is taking it to the extreme! |
IT HAS BEEN CANCELED AS OF LIKE 3 WEEKS AGO. |
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cdninkorea
Joined: 27 Jan 2006
Location: Seoul
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| Posted: Sat Apr 27, 2013 6:09 am Post subject: |
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| jdog2050 wrote: |
IT HAS BEEN CANCELED AS OF LIKE 3 WEEKS AGO. |
The visa itself or the increase in minimal investment? |
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