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Home Immigration Immigration fees

List of application fees and living budget for Korean immigrants

by admin
20/11/2022
in Immigration fees
List of application fees and living budget for Korean immigrants

Immigration to South Korea for most people, is not a very difficult thing, to prepare carefully in addition to the requirements, and the cost of the budget.

Here is a list of application fees and living expenses for Korean immigrants.

If a person buys a real estate in a region designated by the Ministry of Justice and invests more than the standard amount, he or she can obtain a residence (F-2) visa, which gives him or her free economic activity rights, and a Korean green card (F-5) after five years.

If one person applies, the spouse and unmarried children can enjoy the corresponding residence and freehold property rights.

Standard amount: 700 million yuan (about 4 million yuan) for Incheon and Haeundae Resort in Busan, and 500 million yuan (about 2.8 million yuan) for other resorts.

1. Passport application.

About 250 yuan (public security department charge) 2, material justice 200 yuan/copy (local justice bureau charge) 3, agency fee.

About 10000 (fees vary according to agency) 4. Visa fee of consulate.

650 Yuan (charged by the consulate) 5. Physical examination fee

350 (collected by local entry-exit Quarantine Bureau)

(charged by airlines) 7. Remittance service fee.

500-1000 (charged by local remittance bank) 2. Korea fee.

20500-46,000 yuan (excluding room and board) Living expenses:

South Korea’s fashion and simple clothing design is deeply loved by foreign tourists. They usually buy cosmetics and clothing after coming to South Korea. The market price of clothing in South Korea is generally between 5,000 won and 10,000 won, while the price in department stores is relatively high, ranging from 80,000 won to 5,000 million won.

(1 yuan is equivalent to 175-180 won) Food: Typical Korean restaurants charge 3,500 to 5,000 won for regular meals, and 3,000 to 20,000 won per person for other dishes such as grilled meat.

Hotel: The price of ordinary hotels is generally 40,000 won, and the price of high-end hotels is more than 200,000 won.

Rent: There are two kinds of rent in South Korea: the first is to give the landlord a deposit, sign a contract ranging from six months to one year, and pay rent to the landlord once a month.

This is more common, with deposits ranging from 500,000 to 2 million won.

The monthly rent varies from 150,000 won to 600,000 won.

The second is to give the landlord a large lump sum deposit, but stop charging rent halfway through the contract.

The apartments are mostly high-end apartments with relatively few tenants, as the deposits range from 10 million won to 20 million won.

If a property purchased in Jeju Island is rented out, it must be rented out for no more than six months over five years.

Purchase of real estate: The property fee generally ranges from RMB1,700 to RMB3400 depending on the type of house and housing resources. The water fee is RMB30 per month, the gas is RMB9 per cubic meter, and the electricity fee is RMB0.7 per kilowatt hour. The Internet speed in South Korea is the fastest in the world, but the fee is also the lowest in the world, about RMB5 per month.

Cities have Wi-Fi coverage, so you can’t use it outdoors.

Bus (transportation) : One person takes the bus at 1,100 won per time, and there is no charge for transfer within half an hour.

Subway 1 is 1,000 won, and taxi fares start at around 3,000 won.

500 to 600 won per kilometer, or 150,000 won per day.

Education: Compulsory level of education: Korean schools are divided into public and private.

Public schools implement 9 years of compulsory education in primary and secondary schools, with no tuition fees and basic fees ranging from RMB1,000 to RMB3,000 per year.

Ordinary private schools charge tuition fees of 30,000-50,000 yuan per year and miscellaneous fees of 20,000-30,000 yuan per year.

The total cost of Jeju International English Education City is 100,000-150,000 yuan per year.

Senior high school: RMB 3,000 to 6,000 yuan a year for ordinary high school, RMB 6,000 to 7,000 yuan for private high school.

The total cost of Jeju International English Education City is 100,000-150,000 yuan per year.

Universities are also divided into national and private. One year of national study: 10,000 to 20,000 yuan, one year of private university tuition: 30,000 to 40,000 yuan.

Regardless of whether it is national or private, there are full scholarships, which can reduce the tuition fee by 50% or even 100% depending on the grades.

If you choose to buy a house in Jeju, you need to buy a house worth at least 500,000 U.S. dollars or 500 million won.

If you want to buy a house in Incheon, you need to invest 700 million won, and Pyeongchang 500 million won.

If you are 19 years old or older, you need to invest 500 million won, but if you are 55 years old or older, you need to invest 300 million won.

Since 1 won =0.0060 yuan, 500 million won is about 3 million yuan, 300 million is about 1.8 million yuan, and 700 million is about 4.2 million yuan.

Since $1 =6.8685 yuan, $500,000 is about 3.3 million yuan.

Other fees here generally include application fee, material notarization fee, attorney fee, physical examination fee, consulate visa fee, etc., which together costs about 25,000 yuan, including 650 yuan for consulate visa fee, 350 yuan for physical examination fee, and 200 yuan for material justice fee.

Of course, if you go through the third party, there will be a third party fee, which is about 3000 yuan.

How much does Korean immigration cost?

If you buy a house in Jeju Island, plus the investment fee, application fee, notarization fee, legal fees, etc., it will cost more than 3 million RMB.

If you choose to buy a house and emigrate in Pyeongchang, it will cost about 3.02 million RMB;

If you choose fund investment immigration and you are over 55 years old, about 1.82 million RMB will be needed.

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