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Pension, Tax refund etc.

 
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falco



Joined: 26 Nov 2005

PostPosted: Mon Jul 13, 2015 4:06 am    Post subject: Pension, Tax refund etc. Reply with quote

Does anybody know if New Zealanders are eligible for any type of refunds when leaving Korea permanently? They never used to be but perhaps this has changed now. I am leaving Korea soon but couldn't find much info on the subject (at least recent info anyway).
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motiontodismiss



Joined: 18 Dec 2011

PostPosted: Tue Jul 14, 2015 6:13 pm    Post subject: Reply with quote

You can get a pension refund if you're leaving permanently, regardless of nationality. That includes Koreans with permanent residencies in other countries who are relocating.
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Porksta



Joined: 05 May 2011

PostPosted: Tue Jul 14, 2015 6:18 pm    Post subject: Reply with quote

That is true... to an extent. Brits only get it back if they pay into it for 10 years and are 65 years old. Same with Koreans. So nationality does matter.
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schwa



Joined: 18 Jan 2003
Location: Yap

PostPosted: Tue Jul 14, 2015 7:59 pm    Post subject: Reply with quote

motiontodismiss wrote:
You can get a pension refund if you're leaving permanently, regardless of nationality.

If you're referring to the national pension, thats simply not true. Until their govt signs a pension agreement with Korea, Kiwis dont qualify.
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