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tiddles
Joined: 25 Aug 2009
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 Posted: Thu Oct 28, 2010 11:56 am Post subject: how much does E-2 sponsorship cost the employer? |
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| Anyone know a rough estimate? I'm on an F-class visa and trying to negotiate for a higher salary, would be nice to know about how much it costs the school to do an E-2. |
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tanklor1
Joined: 13 Jun 2006
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| Posted: Thu Oct 28, 2010 1:46 pm Post subject: |
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| 60000 won the last I heard. |
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tardisrider
Joined: 13 Mar 2003
Location: Seoul
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| Posted: Thu Oct 28, 2010 3:26 pm Post subject: |
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| Theoretically, shouldn't you be more concerned with how much doing an E2 makes for an employer? |
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grant_steves
Joined: 26 Oct 2010
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| Posted: Thu Oct 28, 2010 4:17 pm Post subject: Re: how much does E-2 sponsorship cost the employer? |
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| tiddles wrote: |
| Anyone know a rough estimate? I'm on an F-class visa and trying to negotiate for a higher salary, would be nice to know about how much it costs the school to do an E-2. |
It doesn't cost them enough to warrant a salary increase...unless you're asking for an extra $50/year! |
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bobbybigfoot
Joined: 05 May 2007
Location: Seoul
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| Posted: Thu Oct 28, 2010 5:07 pm Post subject: |
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Round trip plane ticket = approximately 2.4 million.
Housing = 10 million Key money + 500,000/mo
Severance = 200,000/mo
Pension = 100,000/mo
Health Insurance = 75000 month
Recruiter fee = up to 1 million
Time, aggravation and the unknown. |
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tiddles
Joined: 25 Aug 2009
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| Posted: Thu Oct 28, 2010 6:12 pm Post subject: |
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| lame, I thought it cost a couple mil in immigration fees. I guess the only big expense for the visa is the ARC medical check. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Thu Oct 28, 2010 7:15 pm Post subject: Re: how much does E-2 sponsorship cost the employer? |
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| tiddles wrote: |
| Anyone know a rough estimate? I'm on an F-class visa and trying to negotiate for a higher salary, would be nice to know about how much it costs the school to do an E-2. |
It costs the school nothing for the E2 process.
The visa confirmation number is free.
The employee pays for the visa at the home consulate.
The employer pays the airfare to Korea.
The employer pays the housing (or housing allowance).
Typically the employee pays for the medical and the ARC.
There is no cash savings for the hakwon other than perhaps the airfare (if the F4 is already in Korea).
The only benefit is the lack of extra paperwork needed to get the visa (so they can legally to ASAP) instead of waiting for the E2 to get processed.
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