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benblex



Joined: 15 Sep 2005
Location: Seoul, South Corea

PostPosted: Sun Mar 26, 2006 6:33 pm    Post subject: privates Reply with quote

yes, the title's funny. oops

anyway, thanks to all previous posters. for the record, i told my boss--the right way--that i wanted to quit. so, that's that.

anyway, i wanted to know the status of doing private lessons. i have an f-4 visa. i was told that it IS legal to do privates with this visa, but not so with others (i.e. e-2).

this has probably been asked before, so i apologize (i did do a search though, and nothing came up).

i'm pretty sure it's legit cuz i have friends with f-4s who've done it.

if so, what's a good going rate, especially if i have extensive private lesson experience, went to a decent school, and i say i used to write toeic questions? thanks.
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Pak Yu Man



Joined: 02 Jun 2005
Location: The Ida galaxy

PostPosted: Sun Mar 26, 2006 7:02 pm    Post subject: Reply with quote

Anyone with an F 2 or 4 can do privates. If you do them legally...you have to pay taxes.

I'd say charge 50,000 min an hour.
Tell the mom if they introduce someone else you'll give her a discount (I did the 5000 won off deal).

So if you are lucky you'll have a bunch of privates in the same building complex.

You can legally advertise, but like everything else in Korea...word of mouth is best.
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jinju



Joined: 22 Jan 2006

PostPosted: Sun Mar 26, 2006 7:48 pm    Post subject: Reply with quote

I charge about 40,000 to 50,000. It depends on the situation. id never go below 40 though. On an F4 ou can teach privates. I wouldnt reccomend any E2 doing them as its a risky game.
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benblex



Joined: 15 Sep 2005
Location: Seoul, South Corea

PostPosted: Mon Mar 27, 2006 9:31 pm    Post subject: WHERE to find privates? Reply with quote

thanks for the tips...

any suggestions WHERE/HOW to find privates?

to avoid the tax thing... i'm sure referrals are the best (word-of-mouth). what do people think about posting on boards like e spectrum, herald? personally, i'm a little against it - rather email people individually.

or maybe posting around language schools/universities.

any ideas?

thanks.
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Angelus



Joined: 10 Feb 2006

PostPosted: Tue Mar 28, 2006 9:16 am    Post subject: Reply with quote

the fee depends on where you live.....the more affluent areas in Seoul 40-50 an hour.....most satellite cities 25-35 an hour.

if you don't want to pay taxes.......word of mouth or post some flyers around where you live. you can get permission from the apartment manager's office and pay a small fee to post there.
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Gord



Joined: 25 Feb 2003

PostPosted: Tue Mar 28, 2006 11:08 am    Post subject: Re: privates Reply with quote

benblex wrote:
anyway, i wanted to know the status of doing private lessons. i have an f-4 visa. i was told that it IS legal to do privates with this visa, but not so with others (i.e. e-2).


Some officers have mistakenly told people on F4 visas that they can do private lessons under the guidelines that a person on an F4 can do any job that a Korean citizen can do.

So, yes, you can teach private lessons, but you will need to play under the same rules as Koreans. You will need to be licensed from the government to teach such lessons and have a formal education in the field. Being white and speaking English with a degree drawn in crayon isn't good enough. Further, you have to set up a VAT account with the government to act as an agent in collecting the tax. In addition, you need to keep financial records for several years. Further still, there is additional accountability acts to follow as well as other tax liabilities that will have to be followed.

Assuming 5,000,000 a month in fees, 500,000 of that goes to the government as VAT. Of the remaing 4.5M, you're starting to look upwards of 30% of that being surrendered as income tax as well due to the high income (the actual tax liability can be found on the forum here somewhere). Plus pension and other deductions that will need to be given.

It can be done, but it's not the easiest thing to set up nor as profitable as the Korean underground.
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