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Korean Job Discussion Forums
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chiaa
Joined: 23 Aug 2003
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 Posted: Wed Feb 15, 2006 9:49 pm Post subject: |
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| Anyone know what happens when someone has one of those new fangled F-5 permanent resident green card/visas???? |
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mishlert
Joined: 13 Mar 2003
Location: On the 3rd rock from the sun
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| Posted: Wed Feb 15, 2006 9:53 pm Post subject: |
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| Can someone with a law degree, or maybe an economist, shed some light on Korea's reasons for doing this? |
I asked the Itawon KEB employee about that during our discussion and he said that the govt is worried about too much Korean Won leaving the country.
Of course, he did not agree with the govt.policy because foreigners with Korean credit cards can use said cards outside Korea; Korean Won is still leaving the country, so ". . . how does that make sense?" |
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Thunndarr
Joined: 30 Sep 2003
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| Posted: Wed Feb 15, 2006 9:53 pm Post subject: |
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| chiaa wrote: |
| Anyone know what happens when someone has one of those new fangled F-5 permanent resident green card/visas???? |
The first rule of New Fangled F-5 Permanent Resident Green Card/visa Club is, you do not talk about New Fangled F-5 Permanent Resident Green Card/visa Club.
The second rule of New Fangled F-5 Permanent Resident Green Card/visa Club is, you DO NOT TALK about New Fangled F-5 Permanent Resident Green Card/visa Club.
There is no New Fangled F-5 Permanent Resident Green Card/visa Club, sir. |
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Pyongshin Sangja
Joined: 20 Apr 2003
Location: I love baby!
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| Posted: Wed Feb 15, 2006 10:52 pm Post subject: |
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�� Granting permanent residence status (F-5 Visa/nationwide)
• Those, residing in Korea more than 5 years and having no criminal record, who make an investment resulting in contribution to creation of employment for Korean nationals more than US $ 0.5 million in domestic companies for more than 3 years
• Benefits : Not necessary to extend a period of stay and qualified for having services like medical service, equal to Korean nationals. |
This one?
http://www.jeju.go.kr/jeju_f/english/n_eng/Jeju_Main/menu/NoticeView.php?tb=tbMainNotice&ID=53
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�� Extension of staying period for foreign experts
�� Legal basis : Guidelines on no-visa entry and permission of sojourn area extension
�� conditions for permission
• Those who work at a company situated in Jeju Province, having specialized knowledge of teaching foreign language, information and communication, biological technology, the tourism and hotel industry, foreign investment companies, and international finance(Only those who are recommended by the Governor of Jeju)
�� Permitted information
• The maximum staying period, presently given 2 years per each visit, will be extended to the maximum 5 years for the foreign experts staying in JFIC according to qualification.
�� Changes
Qualification for staying Present Changed Remarks
��Intra-Company Transferees(D-7)��Treaty investors(D- ��Treaty Traders(D-9)��Professors(E-1) 2 years 3years ��A multiple visa issuance or multiple re-entry permit (3 years valid)
Teaching foreign language(E-2) 1years 2 years ��A multiple visa issuance or multiple re-entry permit (2 years valid)
��Research and Special Technology Instruction (E-3, E-4) 2 years 5years ��A multiple visa issuance(5 years valid) or multiple re-entry permit (3 years valid, extendable) |
I'm moving to Jeju. |
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