Tourexpi
South Korea launches ‘workation’ visa allowing foreigners to work while vacationing
South
Korea has launched a “workation” visa allowing foreigners to work from home for
up to two years.
The
new policy has been implemented from this month and foreigners will be allowed
to travel across the country while working remotely, Seoul-based Yonhap News
reported.
Workation
means when employees combine their work with vacationing and visit a
destination while still working.
All
foreigners who have a year of work experience in the same industry and proof of
annual income of over $66,000, will get the "digital nomad" or
"workation," visa along with their families.
The
applicant is also required to have medical insurance of around 100 million won
(approximately $76,532) to cover his medical treatment and repatriation fee,
the agency reported, citing the Justice Ministry.
The
visa will be valid for a year, and renewable for up to two years, and can be
issued by the country's embassies abroad.
South
Korea hopes that the new policy will not only help the local economy but would
also promote the country's tourism and culture.
Image
Credit: © AA
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