In response to the growing demand for flexible work arrangements and extended holidays, South Korea has launched a new visa catering to foreign nationals visiting the country for a working holiday.
Effective January 1, 2024, the Justice Ministry of South Korea introduced the Workation Visa, aimed at encouraging individuals to stay in the country for an extended period while balancing remote work and leisure. This initiative aligns with the global trend of ‘workcation,’ where people work from various locations while enjoying a prolonged stay.
Under the new visa, foreign residents can stay in South Korea for up to two years while retaining employment in their home country. This is a significant departure from the current requirement of a tourist visa, limited to stays of less than 90 days.
To facilitate the workation experience, the ministry has also announced the launch of a Digital Nomad Visa. Applicants, aged 18 or older, with a minimum of one year of experience in their field, are required to submit documentation, including proof of an annual income exceeding 84.96 million won (S$86,700), double South Korea’s gross national income per capita as of 2022.
Additional documents include employment verification, a criminal record check, and private health insurance with coverage of at least 100 million won to ensure emergency return capability. Once granted the visa, digital nomads can extend their stay for another year and are allowed to bring spouses and children.
While foreigners on short-term tourist visas (B-1, B-2, or C-3) can apply for the new digital nomad visa, it’s important to note that the visa does not grant the ability to seek employment within South Korea. The move represents South Korea’s proactive approach to adapt to the changing nature of work and accommodate the evolving preferences of remote workers worldwide.
