January 8, 2024
South Korea announces new pilot program for Digital Nomad Visas
Effective 1 January 2024, eligible foreign nationals and their dependents may apply for and obtain Digital Nomad Visas that are valid for up to two years. On 29 December 2023, the South Korean government announced the introduction of a new pilot program for digital nomads called "Workcation." Under the program, effective 1 January 2024, eligible foreign nationals may apply for Digital Nomad Visas at South Korean consulates or embassies. Additionally, individuals who are present in South Korea as tourists (e.g., holders of B-1, B-2, C-3 visas) may apply for and obtain Digital Nomad Visas from within South Korea provided they meet all the requirements. If approved, the visas will be issued for an initial period of up to one year with the possibility of being extended for an additional year.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.
Full text of Tax Alert