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greyhound
Joined: 10 Jun 2016
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 Posted: Tue Jun 28, 2016 2:33 am Post subject: |
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So you mean $300k then? Mind you, you need enough to buy the business and survive until it starts making money so I guess that figure is about right. $100k is probably not much nowadays if the rents of commercial buildings in Korea are expensive. If someone wanted to open a business, I wonder if they could have a partner or co-investor in that $300,000k. Or is it for sole investors only?  |
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tophatcat
Joined: 09 Aug 2006
Location: under the hat
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| Posted: Tue Jun 28, 2016 2:59 am Post subject: |
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| greyhound wrote: |
| So you mean $300k then? Mind you, you need enough to buy the business and survive until it starts making money so I guess that figure is about right. $100k is probably not much nowadays if the rents of commercial buildings in Korea are expensive. If someone wanted to open a business, I wonder if they could have a partner or co-investor in that $300,000k. Or is it for sole investors only? |
It's all on you, buddy. |
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BigBuds
Joined: 15 Sep 2005
Location: Changwon
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| Posted: Thu Jun 30, 2016 4:14 am Post subject: |
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| greyhound wrote: |
| So you mean $300k then? Mind you, you need enough to buy the business and survive until it starts making money so I guess that figure is about right. $100k is probably not much nowadays if the rents of commercial buildings in Korea are expensive. If someone wanted to open a business, I wonder if they could have a partner or co-investor in that $300,000k. Or is it for sole investors only? |
Just you need $300K alone to qualify for the investment visa. |
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greyhound
Joined: 10 Jun 2016
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| Posted: Thu Jun 30, 2016 11:54 am Post subject: |
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| unless you are on an E2 visa or F visa and get your Korean GF to open a bank account up and start a small hagwon |
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tophatcat
Joined: 09 Aug 2006
Location: under the hat
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| Posted: Thu Jun 30, 2016 6:28 pm Post subject: |
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| greyhound wrote: |
| unless you are on an E2 visa or F visa and get your Korean GF to open a bank account up and start a small hagwon |
There are many legalities in opening a hagwon. It's not as simple as getting your GF to open a bank account. |
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PRagic
Joined: 24 Feb 2006
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| Posted: Thu Jun 30, 2016 9:10 pm Post subject: |
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Guy isn't even in Korea yet. Sure, let him have a GF open an account and put a business in her name using all his money. Smart move.  |
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pmwhittier
Joined: 03 Nov 2011
Location: Korea
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| Posted: Thu Jun 30, 2016 9:20 pm Post subject: |
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| PRagic wrote: |
| Guy isn't even in Korea yet. Sure, let him have a GF open an account and put a business in her name using all his money. Smart move. |
I can't figure out why everyone is feeding this troll. With his first few posts, I thought he might actually need help. Then the 'ole hound started to get cocky and arrogant. Then he just started straight up trollin'. I thought it was amusing at first, but now I'm just bored with it. |
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drcrazy
Joined: 19 Feb 2003
Location: Pusan. Yes, that's right. Pusan NOT Busan. I ain't never been to no place called Busan
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| Posted: Thu Jun 30, 2016 10:51 pm Post subject: |
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| pmwhittier wrote: |
| PRagic wrote: |
| Guy isn't even in Korea yet. Sure, let him have a GF open an account and put a business in her name using all his money. Smart move. |
I can't figure out why everyone is feeding this troll. With his first few posts, I thought he might actually need help. Then the 'ole hound started to get cocky and arrogant. Then he just started straight up trollin'. I thought it was amusing at first, but now I'm just bored with it. |
Well, he is fromtheuk |
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CentralCali
Joined: 17 May 2007
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| Posted: Fri Jul 01, 2016 8:20 am Post subject: |
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| drcrazy wrote: |
| Well, he is fromtheuk |
Well played! |
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trueblue
Joined: 15 Jun 2014
Location: In between the lines
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| Posted: Fri Jul 01, 2016 5:42 pm Post subject: |
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| CentralCali wrote: |
| drcrazy wrote: |
| Well, he is fromtheuk |
Well played! |
+1 |
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tophatcat
Joined: 09 Aug 2006
Location: under the hat
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| Posted: Thu Jul 07, 2016 4:56 am Post subject: |
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| How's the business visa application going? |
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CentralCali
Joined: 17 May 2007
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| Posted: Thu Jul 07, 2016 7:06 am Post subject: |
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| ^I'd be more interested in the employment contract for his current venture. |
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denverdeath
Joined: 21 May 2005
Location: Boo-sahn
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| Posted: Thu Jul 07, 2016 8:18 am Post subject: |
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| CentralCali wrote: |
| ^I'd be more interested in the employment contract for his current venture. |
He'll get here. Cut him some slack, please. Yes, he'll be a bit late likely, but he'll get here.
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greyhound
Joined: 10 Jun 2016
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| Posted: Thu Jul 07, 2016 8:49 am Post subject: |
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As far as the business visa goes, I would have to have a word with the godparents to see if they can put the money up. They own a PLC in the UK It's quite difficult to get much however.
as far as the current employment contract goes, I don't quite know what you mean but I've sent my passport for the visa now for the 2nd time and I've been in contact with the other teachers about what I'll be teaching which is general conversational English topics and IELTS. So I am preparing some lessons ready for the off. |
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