Korean Foreigner’s land Aquisition Act (Enforcement Decree)

ENFORCEMENT DECREE OF THE FOREIGNER’S LAND ACQUISITION ACT INTRODUCTION Details of Enactment and Amendment – Enactment: This Decree was enacted to prescribe matters delegated by the Act on the Acquisition of Lands by Foreigners and their Management (Act No. 4726, Jan. 7, 1994) such as the detailed standards for land for actual use that may be acquired by foreigners and the procedures for such acquisition as well as those necessary

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Korean Foreigner’s land Aquisition Act

FOREIGNER’S LAND ACQUISITION ACT INTRODUCTION Details of Enactment and Amendment – Enactment: This Act was enacted on January 7, 1994 as the Act on the Acquisition of Lands by Foreigners and their Management, in order to generally improve and supplement the previous system of land acquisition by foreigners, for example, by allowing foreigners and foreign enterprises easier acquisition of land needed for their business affairs. With the enactment of this

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Korean Foreign Investment Promotion Act

FOREIGN INVESTMENT PROMOTION ACT INTRODUCTION Details of Enactment and Amendment – Enactment: This Act was enacted on September 16, 1998 as Act No. 5559, repealing the previously enforced Foreign Investment and Foreign Capital Inducement Act, in order to widely ease the regulations and restrictions on investment by foreigners and expand the tax incentives therefor, and to reorganize from all sides the systems related with foreign investment such as designation of

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Visa for Investors in Korea (D-8 Visa): KRW 100,000,000 Minimal Investment

In order to ensure that the visa is issued in a timely manner and not turned down (difficult to overturn a determination of immigration without litigation) it is advisable to hire an attorney when applying for a D-8 Investment Visa.  The following was drafted by KOTRA (http://english.kotra.or.kr/wps/portal/dken)___________________________Visa for Business Investors (D-8) The visa can be issued for: Specialists engaged in business management, production or technological sector of an FDI company supported by

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Korean Investment Visa for Foreigners

Foreign investor’s visa Question: I am a foreigner and I am thinking of starting a small business in South Korea. Is it possible to get a visa or do I need to be sponsored by a Korean company or partner? Foreign investors are eligible to obtain a D-8 residence visa provided they meet certain criteria. To qualify, an employee of a foreign company or an individual must establish a company

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Kwangju Mayor’s Case Not Planned

Kwangju Mayor’s Case Not Planned Korea Times 11-14-2005 by Sean Hayes Dear Attorney Hayes: Why did a San Francisco Airport search for over an hour a mayor of a major Korean city? Is this just the U.S. trying to punish Koreans for not permissively following America? If the mayor is treated like this how will an average citizen be treated? From Worried and Angry in Yosu. Dear Worried: According to

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Sham Marriage in Land of the Free

Sham Marriage in Land of the Free Dear Attorney Sean Hayes: I am a Korean wife of an American contractor who wants to divorce me. I have a conditional permanent residency based on marriage that allows me to stay in the U.S. I am concerned that after divorcing I will lose my permanent residency. Can I get divorced and retain my permanent residency if my husband doesn’t sign a petition

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Immigrating to the U.S.

Appeared in the Korea Herald Jan. 31, 2004 Legal Ease Column by Sean Hayes Dear Sean: I’m an American citizen who married a Korean national three years ago. We intend to move to the U.S. this year. What is the most expedient way to navigate the complicated process? Bewildered in Seoul. Dear Bewildered: The process to obtain a “green card” (permanent residency) for your spouse seems to be a daunting

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Canadian Ambassador Claims English Teachers not Exploited

An article in the Korea Herald on the March 23rd reports on the Canadian Ambassador’s claims that English teachers are not exploited in Korea, and that a liaison for English teachers is not needed in Korea. The reporter questions whether he has enough experience to really know. Interesting article. English teachers not exploited: envoy To the best of his knowledge, rife exploitation of English teachers by unscrupulous school directors does

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25 instructors booked for fake diplomas

Korea Times March 21, 2007 Police yesterday booked 25 instructors at private institutes in Seoul on charges of forging their college diplomas. The National Police Agency sought an arrest warrant for the director of an institute in Seodaemun-gu, northwestern Seoul, while the rest are being investigated without detention. The 40-year-old director, identified as Lee, is accused of paying 5 million won ($5,300) to a broker in December 2004, and receiving

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Koreans Likely to Enjoy US Visa Waiver Program

South Koreans may be able to travel to America without a visa if a Sept. 11 reform bill becomes law in the United States. The chances of Korea entering the U.S. visa waiver program has increased after the U.S. Senate overwhelmingly approved the bill Tuesday. “If the bill becomes law, there would be a higher possibility that South Koreans could travel to the U.S. freely without a visa,’’ an immigration

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Illegal Migrant Workers to Get Help Receiving Pay

Korea Times Kang Shin-who The Ministry of Labor plans to help migrant workers who have overstayed their visas due to delayed salaries. The ministry Tuesday announced that it will visit immigrant detention centers and help those who have had difficulties in getting their salaries from companies they worked for. The ministry said it will provide legal counselors to help retrieve the money in cooperation with the Ministry of Justice. If

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Warrant for Guards Sought for Immigration Fire

March 07, 2007 Joongang ilbo South Jeolla police said yesterday that a detainee at the Yeosu Immigration Office set the fire that killed 10 and injured 17 others last month, and sought arrest warrants for four security guards on charges of neglecting their duties.Police are investigating eight guards at the center who were on duty that night, Kim Jan-wan, chief of Yeosu Police, said yesterday in a briefing. The guards

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Visa rules to be eased for ethnic Koreans

Korea Herald March 6, 2007 Ethnic Koreans who have overstayed their visa by up to one year will be saved from deportation as the government is planning to issue a newly introduced visa that would extend their legal stay. The government yesterday began receiving applications for the new H-2 visa, which will allow ethnic Koreans from China, Russia and the former Soviet Union states to stay and work in Korea

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How to Keep . . . Competitive (Bill Gates)

An article by Bill Gates on how the U.S. has remained competitive is a lesson for all nations. His simple advice to the U.S. should be followed by all nations. [Bill Gates]How to keep U.S. competitive For centuries people assumed that economic growth resulted from the interplay between capital and labor. Today we know that these elements are outweighed by a single critical factor: innovation. Innovation is the source of

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