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F5s and privates....
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jinju



Joined: 22 Jan 2006

PostPosted: Thu Mar 09, 2006 10:35 pm    Post subject: Reply with quote

denverdeath wrote:
Be careful of the TTU(Tactical Taxation Unit) as I heard that they monitor these boards. They may be swooping down anytime soon to put the hurt on you. Wink


Havent made anyting off privates YET. But am considering nice offers. Looks like the door is wide open, baby.
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denverdeath



Joined: 21 May 2005
Location: Boo-sahn

PostPosted: Thu Mar 09, 2006 10:41 pm    Post subject: Reply with quote

I'm pretty sure that I'll be doing the same. It'll take a fair amt of planning and scheduling, but it'll be better to be my own boss and make about twice what I am now and still be able to have a month(maybe more) for vacationing.
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jinju



Joined: 22 Jan 2006

PostPosted: Thu Mar 09, 2006 10:53 pm    Post subject: Reply with quote

denverdeath wrote:
I'm pretty sure that I'll be doing the same. It'll take a fair amt of planning and scheduling, but it'll be better to be my own boss and make about twice what I am now and still be able to have a month(maybe more) for vacationing.


Privates are the way to go. I am actually going to be setting up a network of privates so that by next year I may go strictly with privates and part time work.

Ideally Id do some business privates in the morning, then do a 10-2 or 3 thing at hagwon, and finish up the day with 4 or 5 hours of privates at 40 grand an hour per person. Would be ideal to do a group of businessmen, say 5 at a time for 25,000/hr/person and do 2 hours with them a day. Thats over 200,000 a day! You could live off just that kind of work. The money is HUGE. And if I ever plunge into that work big time, I will get it all square as far as taxes go.

I just wish I could put this downtime to good use. Hate being stuck in this office for 4 unproductive hours a week. Im all planned for the rest of my year, I have nothing to do. I could be out making money, but Im stuck sitting on my arse. I do like the stability of this job, and the money is great but its nowhere near what I could be making on my own.
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Spiky



Joined: 29 Apr 2003

PostPosted: Fri Mar 10, 2006 8:23 am    Post subject: Reply with quote

Hate to be a bubble-burster, but I'll share my experiences with the woman behind the Immigration counter:

me: "So with this visa I can do anything"

she: "Yes--you can do anything. Anything a Korean can do"

me: "Can I work at more than one job?"

she: "Yes. You can do anything a Korean can do."

me: "Can I do private tutoring?"

she: "You can do anything a Korean can do. Koreans can't do that."

I believe it is technically illegal for any kind of private lessons for students, sort of a government issued policy I've heard. So, based on my experience, I think that private tutoring is still off limits legally, but that's just MY understanding and we all know how many different understandings Immi puts out there. Smile

Anyway, good luck with it and I hope it is true and you can do it
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Cheonmunka



Joined: 04 Jun 2004

PostPosted: Fri Mar 10, 2006 5:12 pm    Post subject: Reply with quote

That's not an immigration matter. I don't want to keep bringing this up but taking private lessons in ones home or going to an office or what have you is part of the tax service and Ed dept.
After F2 and F5, immigration has nothing to do with it.

It is expected that you apply as a ��������� with the Ed Dept, and by doing so will receive registration as a private tutor. You will also have to state at the beginning your expected income and pay provisional tax on that with the tax department and that will be clarified as a refund or tax to pay once a year. You can change your expected incomes at any time for provisional tax.
There is a nine person per class limit with this registration.

So, now I ask you, could you not prefer to forget that registration in preference of being a free range type - knowing, fully aware that it is very unlikely ED dept or tax department will be hunting you down or even interested.
Some immigration officials on the other hand will be interested in any foreigner at any time -but with your F5 shown on your citizen/residence/ID card they will say "Have a good time, Bye."
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jinju



Joined: 22 Jan 2006

PostPosted: Fri Mar 10, 2006 5:39 pm    Post subject: Reply with quote

Right. Its not legal but its not legal under the Tax and Education department. Nothing to do with immigration. And while doing privates its the bezerk immigration psychos you have to worry about. The Ministry of Education doesnt send out its gestapo, neither does the tax office.
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Cheonmunka



Joined: 04 Jun 2004

PostPosted: Fri Mar 10, 2006 7:41 pm    Post subject: Reply with quote

Just to re-state, just in case there are people with an E2 visa thinking this is for them, it's not.
It's only if you have a visa that lets you work anywhere, anytime as per your own choice. That is the family visa F2, or the resident visa F5, or international Korean F4.
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jinju



Joined: 22 Jan 2006

PostPosted: Sat Mar 11, 2006 1:56 am    Post subject: Reply with quote

Cheonmunka wrote:
Just to re-state, just in case there are people with an E2 visa thinking this is for them, it's not.
It's only if you have a visa that lets you work anywhere, anytime as per your own choice. That is the family visa F2, or the resident visa F5, or international Korean F4.


Yes, good call. Some people may be confused.
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Hollywoodaction



Joined: 02 Jul 2004

PostPosted: Wed May 03, 2006 3:46 am    Post subject: Reply with quote

Well, private tutoring certainly isn't illegal for Koreans. My wife teaches at home when I'm at work. She has a license to run a 'kongbu bang' (a study room) out of our home, so the students must come here. I've got the F5, so I guess I could probably do the same. Have any of you with an F5 gotten a license recently? How are the taxes? My wife pays a small amount of money per student, but I fear that as a foreigner I might have to pay half of my earnings in income tax if I chose to get students of my own.

Last edited by Hollywoodaction on Wed May 03, 2006 5:33 pm; edited 1 time in total
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jinju



Joined: 22 Jan 2006

PostPosted: Wed May 03, 2006 3:56 am    Post subject: Reply with quote

I started to oick up some privates since I first started this thread. Actually, I am employed by a company to teach business English once a week and Im employed by a bank too to teach an employee. So its not really a private:) But I did actual privates for a few weeks but the commute almost killed me.
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Hollywoodaction



Joined: 02 Jul 2004

PostPosted: Wed May 03, 2006 5:33 pm    Post subject: Reply with quote

So, any news on getting a license for those with an F5?
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jinju



Joined: 22 Jan 2006

PostPosted: Wed May 03, 2006 5:56 pm    Post subject: Reply with quote

Hollywoodaction wrote:
So, any news on getting a license for those with an F5?


Why bother?
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Hollywoodaction



Joined: 02 Jul 2004

PostPosted: Fri May 05, 2006 9:58 pm    Post subject: Reply with quote

jinju wrote:
Hollywoodaction wrote:
So, any news on getting a license for those with an F5?


Why bother?


Protection under the law.
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chiaa



Joined: 23 Aug 2003

PostPosted: Sat May 06, 2006 12:26 am    Post subject: Reply with quote

Koreans who do private lessons have to register as a private lesson tutor (no matter what subject they teach). I cannot say if it's with the education office or the tax office or both.

Anyone considering this should have a Korean speaker do a search on Naver and I am sure there are going to be lots of people who wrote about it (they have a nifty question and answer section).
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jinju



Joined: 22 Jan 2006

PostPosted: Sat May 06, 2006 4:23 am    Post subject: Reply with quote

Hollywoodaction wrote:
jinju wrote:
Hollywoodaction wrote:
So, any news on getting a license for those with an F5?


Why bother?


Protection under the law.


What will the law do to an F5 doing a few hours of privates a week? Will the ministry of EDUCATION, that scary monster we all live in fear of, come get you? Because Im sure the tax boys are a bit busy with Hyundai and Lone Star and those gangnam apartment owners, and a bunch of other people scamming them out of more cash than you can ever hope to fathom.

Just do it and dont be a baby. If Immigration comes, show them your F5 and tell them to take a hike. Its not illegal under immigration law and the MoE doesnt send out its gestapo to catch people doing privates.
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