> The visa requires applicants to have an annual income double the amount of Korea's gross national income (GNI) per capita for the previous year.
> Korea's GNI per capita was 42.48 million won ($33,000) as of 2022, requiring those applying for the visa to have an annual income of 84.96 million won.
That's actually surprisingly low. For reference, the median US remote employee makes $63,323[1] per year which means roughly 50% of US remote employees are eligible for a Korean work visa.
From a quick Google search, the average monthly remote salary in Europe is reportedly $5.3k - $6.9k[1]. That translates to $63.6k - $82.8k. I can't verify these numbers, of course.
I don't think it's meaningless on this context. Even the lower level of the average developer income in Europe would qualify. It shows the visa requirements are quite inclusive.
The US average salary is also lower than a California or New York resident but that doesn't mean the metric is bad. It simply means that ~50% of remote workers in America can move to Korea. Unfortunately, that also means ~50% of people can't. The same goes for Europe.
I cannot see that page, it just takes me to the homepage. But that sounds a bit high. I wonder how that number looks if you exclude San Francisco/Bay area which probably drives up that number by a lot.
I wouldnt be surprise if this exlude 95% of all nomads. Honestly I dont think it will attract many workers, timezone kinda sucks, country is expensive, low english proficiency and not really exotic. Mexico, Spain and most latam looks more appealing.
Having lived there around ten years ago, it's pretty exotic if you're north American, it's cheaper for food and drink, and English proficiency was pretty common.
It's more exotic than anywhere in central or south america to most Americans, timezone is easy to get used to, cost of living is cheaper and english proficiency is in fact very high.
