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Is living in Korea with an F Visa worth it nowadays?
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alongway



Joined: 02 Jan 2012

PostPosted: Wed Dec 10, 2014 2:36 am    Post subject: Re: Alongway Reply with quote

Chaucer wrote:
Alongway,
You forgot editing, which can really add up. I'm working on a dictionary for my university, for which they're adding 1.5 million to my December salary. The uni also has a proofreading center, which can add anywhere up to 4 million a month extra, depending on whether I accept papers with a quicker turnaround.
I haven't made less than 8 million a month since I got my F-5. (And I'm bracing myself for the attack from you know who, don't worry, he's called me a liar before--I think I was laughing all the way to the bank when I read his post).


Well, I was keeping the list focused purely on teaching activities.
You could also take a job doing content development, you could get work in entertainment which can pay a lot if you're a looker. There are many things you can do on an F visa. I also didn't include owning a hagwon. I know several F visa holders who own hagwons making anywhere from about 6 million a month to 15 million a month.
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Weigookin74



Joined: 26 Oct 2009

PostPosted: Fri Dec 12, 2014 7:33 am    Post subject: Reply with quote

alongway wrote:
atwood wrote:

I pay five times that for medical without any children.

Medical is a percentage of your salary. How do you pay so little?


Actually medical is related to all your assets. Salary only plays a small role. value of residence, owning a car, and other things like that also affect how much you pay. So your spouses salary (if you have one) affects that, if you're living in a very expensive apartment (regardless of what you pay for it), or if you have an expensive car on the books. That will all drive your price up


Really? You don't just pay medical as a percentage of your salary? It's taxed on everything you own? That is the strangest system, I've ever heard of. Luckily, I don't own much here. Geeze! In a lower income range, it seems decent. But once you make money here, they really zing you, huh? Seems like an incentive to either hide things or not make too much money.
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alongway



Joined: 02 Jan 2012

PostPosted: Fri Dec 12, 2014 7:40 am    Post subject: Reply with quote

Weigookin74 wrote:
alongway wrote:
atwood wrote:

I pay five times that for medical without any children.

Medical is a percentage of your salary. How do you pay so little?


Actually medical is related to all your assets. Salary only plays a small role. value of residence, owning a car, and other things like that also affect how much you pay. So your spouses salary (if you have one) affects that, if you're living in a very expensive apartment (regardless of what you pay for it), or if you have an expensive car on the books. That will all drive your price up


Really? You don't just pay medical as a percentage of your salary? It's taxed on everything you own? That is the strangest system, I've ever heard of. Luckily, I don't own much here. Geeze! In a lower income range, it seems decent. But once you make money here, they really zing you, huh? Seems like an incentive to either hide things or not make too much money.


That's right. If you save up for a big house, and quit your job, you're still on the hook for a larger medical payment than if you were living in some little shack.

I don't know the full break down. I know when we kept the same jobs and moved from a smaller older style house to a larger apartment, I think our premiums jumped about...hmm... 40%?
You buy some 50 million won car, if you don't have one, and you'll see your premium reasssed for that. Another property, etc will all pile on.

I'm not sure if they count money in the bank, I think it's just major physical assets, family size and salary that are the main factors.
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Chaucer



Joined: 20 Oct 2009

PostPosted: Fri Dec 12, 2014 7:50 am    Post subject: 1% Reply with quote

Korea sticks it to the 1%--gotta love 'em.
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World Traveler



Joined: 29 May 2009

PostPosted: Fri Dec 12, 2014 12:20 pm    Post subject: Reply with quote

It seems like ads specifically seeking F visa holders are offering less than before these days. Hopefully no one will accept (thus forcing a higher wage).

PT position for F visa holders

Location: Dongtan, Hwanseong city
Days: Thursday and Fridays
Pay: 120,000 won a day
Hours: 2PM to 9PM


17,000 an hour is shockingly low. Do you think anyone's going to take it? (I'm thinking maybe).
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Adam Carolla



Joined: 26 Feb 2010

PostPosted: Fri Dec 12, 2014 12:44 pm    Post subject: Reply with quote

I don't know how things are now, but if you had a few years under your belt it was pretty easy to average 5-6 million/year long term.

My method was finding a decent main job that didn't suck too much of my energy, then supplementing with 1-2 hours of privates/day.

My last full time gig paid 4.5 mill/month, 6-7 weeks vacation, M-F 8-4, but only about 20 hours facetime. Make no mistake, it was a pretty good gig and not all that common. Was it the best I've heard of? Not at all. But certainly up there.

Moving on, Alongway, you should have caught on by now that Geno is a gyopo. It's pretty easy to figure out. Look at how he writes salaries. He writes in terms of hundreds. Why?

3 million won is literally 300 ten thousands by the Korean way of speaking large numbers. So when he says "so and so is offering 300", he means 300 man wons. So, he's either a whitey who's gone completely native, or he is a native Korean speaker/gyopo.

Given that, ease up on the dude's language ability. Probably a smidge better than your Korean.
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nicwr2002



Joined: 17 Aug 2011

PostPosted: Fri Dec 12, 2014 3:56 pm    Post subject: Reply with quote

alongway wrote:
Weigookin74 wrote:
alongway wrote:
atwood wrote:

I pay five times that for medical without any children.

Medical is a percentage of your salary. How do you pay so little?


Actually medical is related to all your assets. Salary only plays a small role. value of residence, owning a car, and other things like that also affect how much you pay. So your spouses salary (if you have one) affects that, if you're living in a very expensive apartment (regardless of what you pay for it), or if you have an expensive car on the books. That will all drive your price up


Really? You don't just pay medical as a percentage of your salary? It's taxed on everything you own? That is the strangest system, I've ever heard of. Luckily, I don't own much here. Geeze! In a lower income range, it seems decent. But once you make money here, they really zing you, huh? Seems like an incentive to either hide things or not make too much money.


That's right. If you save up for a big house, and quit your job, you're still on the hook for a larger medical payment than if you were living in some little shack.

I don't know the full break down. I know when we kept the same jobs and moved from a smaller older style house to a larger apartment, I think our premiums jumped about...hmm... 40%?
You buy some 50 million won car, if you don't have one, and you'll see your premium reasssed for that. Another property, etc will all pile on.

I'm not sure if they count money in the bank, I think it's just major physical assets, family size and salary that are the main factors.


I'm sorry, but I have to doubt this since my wife's name is on our apartment and she owns a car. She pays the same percent of health insurance that I see on her statements. Before when she quit her job all she had to do was contact the health office and say that she didn't have a job and to lower her payments.
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alongway



Joined: 02 Jan 2012

PostPosted: Fri Dec 12, 2014 5:04 pm    Post subject: Reply with quote

nicwr2002 wrote:
alongway wrote:
Weigookin74 wrote:
alongway wrote:
atwood wrote:

I pay five times that for medical without any children.

Medical is a percentage of your salary. How do you pay so little?


Actually medical is related to all your assets. Salary only plays a small role. value of residence, owning a car, and other things like that also affect how much you pay. So your spouses salary (if you have one) affects that, if you're living in a very expensive apartment (regardless of what you pay for it), or if you have an expensive car on the books. That will all drive your price up


Really? You don't just pay medical as a percentage of your salary? It's taxed on everything you own? That is the strangest system, I've ever heard of. Luckily, I don't own much here. Geeze! In a lower income range, it seems decent. But once you make money here, they really zing you, huh? Seems like an incentive to either hide things or not make too much money.


That's right. If you save up for a big house, and quit your job, you're still on the hook for a larger medical payment than if you were living in some little shack.

I don't know the full break down. I know when we kept the same jobs and moved from a smaller older style house to a larger apartment, I think our premiums jumped about...hmm... 40%?
You buy some 50 million won car, if you don't have one, and you'll see your premium reasssed for that. Another property, etc will all pile on.

I'm not sure if they count money in the bank, I think it's just major physical assets, family size and salary that are the main factors.


I'm sorry, but I have to doubt this since my wife's name is on our apartment and she owns a car. She pays the same percent of health insurance that I see on her statements. Before when she quit her job all she had to do was contact the health office and say that she didn't have a job and to lower her payments.


That's right, quitting her job lowered her payments, but it didn't make them go away did it? If she owned no car, or you lived in a lower value place, you'd see those premiums be even lower.

Within 2 months of moving from a smaller place to a larger place, and our address being update, we got a reassessment from the medical insurance, my wife's premium increased 40% even though neither of our jobs changed.

Quote:
Given that, ease up on the dude's language ability. Probably a smidge better than your Korean.

Actually, its relevant to the discussion because he's talking about these things like its something he knows about. The fact that he's a gyopo or that his English isn't that great would have a bearing on what he could make, and why he's so clueless about jobs and how income works.

Quote:
It seems like ads specifically seeking F visa holders are offering less than before these days. Hopefully no one will accept (thus forcing a higher wage).

PT position for F visa holders

Location: Dongtan, Hwanseong city
Days: Thursday and Fridays
Pay: 120,000 won a day
Hours: 2PM to 9PM

17,000 an hour is shockingly low. Do you think anyone's going to take it? (I'm thinking maybe).

So one ad means all ads are offering lower wages?
That's not even in Seoul. It's even further south than suwon. It's low, but hardly a fair comparison to Seoul.

Yes, there are some employers who think they can get F visa holders cheap, and what they usually end up with in those cases are a filipino or something like that. Not a western F visa holder, and they are not always filipinos who are that great at English either. Even in Seoul filipino kindergarten teachers can get 30k/hour for 20 hours/week.
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GENO123



Joined: 28 Jan 2010

PostPosted: Fri Dec 12, 2014 5:25 pm    Post subject: Reply with quote

Again if a hogwon (like Pagoda) claimed they paid 3.0 million because they pay, severance , airfare housing they would get flamed for it. 2.3 + 200+ 200 +300

So the after school programs that Alongtheway talks about don’t pay really more than a hogwon.


Again Look below :

Base salary KRW 2.2~2.4 million
Housing Allowance 400,000
*Health Insurance Allowance 200,000*
Severance pay after the completion of 1-year contract

Medical ? That is included in every dumb hogwon even in Pagoda which Alongtheway claims & agrees is a dumb school.

So the number he uses to get to 5 M is a standard that is not used when calculating hogwon salaries. That is number inflating . Why isn’t it?

No one here considers a hogwon to be a great job not even Alongtheway.

*also consider that not every of the afterschool programs pay severance. * He says he will get it after going to the labor board. That is quite a difference than just getting it.,

and as I said with extra jobs not everything is going to work out well with all jobs all the time for an extended period of time. It is just true. And when they don’t work out then the conditions are not as alongtheway claims.
So the numbers that Alongtheway puts up don’t add up the way he says they do if one uses the same standard for after school pay that they do for a hogwon,



I would say Alongtheway is guilty of number inflating. Why using one standard for hogwons and one for other esl jobs?

Big difference than what is claimed. He exaggerates and using a different standard to describe what he earns in order to make the numbers look better than they actually are.

It is more than sort of pathetic to exaggerate what you earn on the internet.
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nicwr2002



Joined: 17 Aug 2011

PostPosted: Fri Dec 12, 2014 7:04 pm    Post subject: Reply with quote

alongway wrote:
nicwr2002 wrote:
alongway wrote:
Weigookin74 wrote:
alongway wrote:
atwood wrote:

I pay five times that for medical without any children.

Medical is a percentage of your salary. How do you pay so little?


Actually medical is related to all your assets. Salary only plays a small role. value of residence, owning a car, and other things like that also affect how much you pay. So your spouses salary (if you have one) affects that, if you're living in a very expensive apartment (regardless of what you pay for it), or if you have an expensive car on the books. That will all drive your price up


Really? You don't just pay medical as a percentage of your salary? It's taxed on everything you own? That is the strangest system, I've ever heard of. Luckily, I don't own much here. Geeze! In a lower income range, it seems decent. But once you make money here, they really zing you, huh? Seems like an incentive to either hide things or not make too much money.


That's right. If you save up for a big house, and quit your job, you're still on the hook for a larger medical payment than if you were living in some little shack.

I don't know the full break down. I know when we kept the same jobs and moved from a smaller older style house to a larger apartment, I think our premiums jumped about...hmm... 40%?
You buy some 50 million won car, if you don't have one, and you'll see your premium reasssed for that. Another property, etc will all pile on.

I'm not sure if they count money in the bank, I think it's just major physical assets, family size and salary that are the main factors.


I'm sorry, but I have to doubt this since my wife's name is on our apartment and she owns a car. She pays the same percent of health insurance that I see on her statements. Before when she quit her job all she had to do was contact the health office and say that she didn't have a job and to lower her payments.


That's right, quitting her job lowered her payments, but it didn't make them go away did it? If she owned no car, or you lived in a lower value place, you'd see those premiums be even lower.

Within 2 months of moving from a smaller place to a larger place, and our address being update, we got a reassessment from the medical insurance, my wife's premium increased 40% even though neither of our jobs changed.

Quote:
Given that, ease up on the dude's language ability. Probably a smidge better than your Korean.

Actually, its relevant to the discussion because he's talking about these things like its something he knows about. The fact that he's a gyopo or that his English isn't that great would have a bearing on what he could make, and why he's so clueless about jobs and how income works.

Quote:
It seems like ads specifically seeking F visa holders are offering less than before these days. Hopefully no one will accept (thus forcing a higher wage).

PT position for F visa holders

Location: Dongtan, Hwanseong city
Days: Thursday and Fridays
Pay: 120,000 won a day
Hours: 2PM to 9PM

17,000 an hour is shockingly low. Do you think anyone's going to take it? (I'm thinking maybe).

So one ad means all ads are offering lower wages?
That's not even in Seoul. It's even further south than suwon. It's low, but hardly a fair comparison to Seoul.

Yes, there are some employers who think they can get F visa holders cheap, and what they usually end up with in those cases are a filipino or something like that. Not a western F visa holder, and they are not always filipinos who are that great at English either. Even in Seoul filipino kindergarten teachers can get 30k/hour for 20 hours/week.


But you are saying that the premium is based on owner a car and house as well. Her rate was only based off of her salary and not off of the car and apartment. She has to pay insurance because that is what national health insurance is. She has a job now and that rate is based off of her salary. If your wife's went up then either something is fishy or we are getting lucky.
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alongway



Joined: 02 Jan 2012

PostPosted: Fri Dec 12, 2014 7:12 pm    Post subject: Reply with quote

Quote:
She has to pay insurance because that is what national health insurance is.

That's right. But someone living in a 500 million won apartment who doesn't have a job won't be paying the same rate as someone living in a 50million 1950s house apartment.

House/car/etc set your base rate, salary gets added on top of that.
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Coltronator



Joined: 04 Dec 2013

PostPosted: Fri Dec 12, 2014 9:13 pm    Post subject: Reply with quote

Alongtheway is painting a possible but pretty damn rosy picture.

Afterschools at 35k/hr. usually only provide 3 Hours a day. So that is now where near 3mil/month. More like 2.2 but again for 3 hours per day that's good. However to get paid you need to work, so every red day and vacation week you get are unpaid(usually there are a few salary Afterschool positions out there.)
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FriendlyDaegu



Joined: 26 Aug 2012

PostPosted: Fri Dec 12, 2014 11:18 pm    Post subject: Reply with quote

alongway wrote:
Quote:
She has to pay insurance because that is what national health insurance is.

That's right. But someone living in a 500 million won apartment who doesn't have a job won't be paying the same rate as someone living in a 50million 1950s house apartment.

House/car/etc set your base rate, salary gets added on top of that.


I don't know the ins and outs of how medical gets tallied, but I can attest to the fact that they do look at where you live. My wife's insurance jumped fivefold when they found out where we live. It went back to normal when we gave documentation showing the apt is provided by my company. I figured it was only done this way for the unemployed, to make sure rich housewives aren't skating by.
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alongway



Joined: 02 Jan 2012

PostPosted: Sat Dec 13, 2014 5:10 am    Post subject: Reply with quote

Coltronator wrote:
Alongtheway is painting a possible but pretty damn rosy picture.

Afterschools at 35k/hr. usually only provide 3 Hours a day. So that is now where near 3mil/month. More like 2.2 but again for 3 hours per day that's good. However to get paid you need to work, so every red day and vacation week you get are unpaid(usually there are a few salary Afterschool positions out there.)


I wasn't talking about after school at 35k. I'm talking about hagwon, and they work most red days. After school is 3ish for for 11:30-5:30 teaching starting around 1.

You finish at 5:30 and then go to a part time hagwon job. Hagwons you can get 3 hour blocks for 35k/hour. You should be able to find 2 hagwons, one a MWF gig and another one a T/TH gig and between the two of them, you'll get 2 million a month from those. Yes, you'll miss the odd Christmas/Chuseok/New Years, but other red days a lot of hagwons like that will stay open and sometimes have extra classes depending on the parents (so while you might have a paid holiday from the after school you might pick up extra hours from the hagwon)
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Coltronator



Joined: 04 Dec 2013

PostPosted: Sat Dec 13, 2014 5:45 am    Post subject: Reply with quote

Ahhh that makes sense you could also add a Kindy aged learning centre as a distinct possibility usually 10/11am to 4/5pm(4hr. teaching 3hr. prep) for 3.0 as a substitute for that type of job.
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