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Hakwon for Sale in Yesan, Chungnam!!!
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Octavius Hite



Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.

PostPosted: Wed Jun 28, 2006 6:02 am    Post subject: Hakwon for Sale in Yesan, Chungnam!!! Reply with quote

This is already a paid ad on Dave's but I know the guy selling it and its a great oppertunity for the right person. Check it out and just imagine the freedom you could have away from Nazi hogwon owners and idiot co-workers.



http://www.eslcafe.com/jobs/korea/index.cgi?read=19517
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Octavius Hite



Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.

PostPosted: Wed Jun 28, 2006 8:52 pm    Post subject: Reply with quote

bump
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cubanlord



Joined: 08 Jul 2005
Location: In Japan!

PostPosted: Wed Jun 28, 2006 11:08 pm    Post subject: Reply with quote

My wife and I were EXTREMEMEMEEMEMEMEMEMEMEMMEELY close in becoming hogwon owners. However, knowing that Immigration can just swoop down, and with no reason (besides they are having a bad day) or no validity to their actions, say, "you have to leave Korea because we don't like you"....well .... that isn't my cup of tea. Imagine the money that you would lose if you invested into a Hogwon on an E2 just because Immigration got a bug up their goose.

I think it's great for those married to a Korean person or any F class visa holder. Not E2's. Crying or Very sad
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Octavius Hite



Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.

PostPosted: Thu Jun 29, 2006 4:53 pm    Post subject: Reply with quote

That is a reasonable fear to be sure, no one wants to invest their hard earned money and then lose it all but It is a viable option for an E2 if that person is with a korean that they trust. If you are married or engaged or simliarly coupled the Korean half can hire you as an employee and then pay you the profit on the side. This could work for the right cando couple.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Thu Jun 29, 2006 6:24 pm    Post subject: Reply with quote

Octavius Hite wrote:
That is a reasonable fear to be sure, no one wants to invest their hard earned money and then lose it all but It is a viable option for an E2 if that person is with a korean that they trust. If you are married or engaged or simliarly coupled the Korean half can hire you as an employee and then pay you the profit on the side. This could work for the right cando couple.


Simply bring your investment up to 50 million won and change your visa from E2 to an investors visa (D-class)....Oh ya... but you can't own a hakwon that way... so I guess you have to get married and get an F2 or F5...
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Octavius Hite



Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.

PostPosted: Thu Jun 29, 2006 8:13 pm    Post subject: Reply with quote

You don't have to get married. If you have someone you trust then you can do it as well, just get your korean partner to hire you as his/her employee. This is a huge oppertunity for someone. The town is growing very quickly and this school is considered very elite. There's a test to get in and they don't just jam 15 kids in a class. For all those people out there who b**tch and moan about crazy directors, scams, dumpy hogwons, no pay, no vacation, etc etc, this is your calling. I have been to the school and love it, its what a school should be, very western and modern and small. Quit the BS and go be your own boss! Smile
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shetan



Joined: 24 Apr 2006
Location: In front of my PC.

PostPosted: Thu Jun 29, 2006 8:22 pm    Post subject: I know some foreigners running a Hakwon. Reply with quote

They actually own it (Not in Koreans name) and doing ok.. they are going through all the visa issues and it looks like they are good to go.

If you need any help they probably will answer your questions.
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Octavius Hite



Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.

PostPosted: Thu Jun 29, 2006 8:26 pm    Post subject: Reply with quote

Yeah its not like they are just going to give you the keys and leave, they of course will help someone who is going to buy it. They will train you and show you the ropes and all the ins and outs of the buisness.
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Yesanman



Joined: 21 Jun 2006
Location: Chungnam

PostPosted: Thu Jun 29, 2006 9:39 pm    Post subject: Reply with quote

I am the owner that Octavius is talking about.
I don't quite understand what the other poster (Cubanlord) was talking about. Immigration swooping down and taking away your hogwan? Unlikely.
This is a legal business. Immigration can't ever hassle us because I have a visa. Actually the local immigration office (Daejeon) and the local Education office (Yesan) have been very helpful and tried very hard to help us get set up and organized.
The hogwon is in my wife's name (she is Korean) and I am her employee.
It really is a great opportunity to get away from nasty hogwon owners. The stress factor in my life was gone way down since I became self-employeed.
If you have a Korean partner it is an easy way to make a living.
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cubanlord



Joined: 08 Jul 2005
Location: In Japan!

PostPosted: Fri Jun 30, 2006 12:46 am    Post subject: Reply with quote

removed...

Last edited by cubanlord on Sat Jul 01, 2006 6:31 pm; edited 1 time in total
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Octavius Hite



Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.

PostPosted: Fri Jun 30, 2006 1:21 am    Post subject: Reply with quote

Of course immigration can boot you out but the secret to that is to just not tell the students or mothers that you own the place. Let your Korean partner be the face of the buisness, then they have no reason to mess with the waygook. There are risks in every buisness and this is one of them, anyone thinking of opening a buisness anywhere in any country should be savvy and smart.

As for a Korean partner you trust, if more of you guys could keep your little fella's in your pants that might not be such an issue. I trust my partner implicitly and we're not even married.
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banillaq



Joined: 24 Feb 2005

PostPosted: Fri Jun 30, 2006 3:44 am    Post subject: Reply with quote

Do you have any pics of the school?
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speder



Joined: 06 Dec 2005

PostPosted: Fri Jun 30, 2006 7:54 pm    Post subject: Cuban is wrong Reply with quote

Cuban should really check facts before he writes his opinions. What he has written is wrong and actually could be used against him in a libel case.

I am in the same situation as this owner. My Korean wife and I own an English teaching Academy. It is all in her name and I am on an F2. I was on an E2 until a few months ago.

I don't worry about Immigration coming to take me away. That would most likely happen in someplace such as Cuba. Which judging from a certain sign in name, someone is familiar with.

Cuban should shut up or put up proof. Your posting is a waste of time and energy.
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Yesanman



Joined: 21 Jun 2006
Location: Chungnam

PostPosted: Fri Jun 30, 2006 11:48 pm    Post subject: Reply with quote

Hear, hear!!! Took the words right out of my mouth.
I didn't want to start agrguing with Cubanlord though as I am still trying to sell the hakwon. Thought it better to remain diplomatic.
The point of having my own school is so that I am completely legit. I teach privates, in my own school.
Yes sometimes Immigration does do sweeps but not on legal workers. They scoop up the people working illegally.
Also, as I mentioned earlier, the Daejeon Immigration office has been nothing but helpful to us.
And as for Cubanlord's accusation that I should 'watch my back' ...well, might I remind him this is MY WIFE he's talking about. I won't even dignify that with a response.
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zappadelta



Joined: 31 Aug 2004

PostPosted: Sat Jul 01, 2006 3:09 am    Post subject: Reply with quote

Wow, relax guys, calm down.
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