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Immigration News Alert

South Korea: Increase Gross National Income Requirements

Key Points  

  • South Korea will increase the country’s gross national income (GNI) per capita beginning 1 July 2024 

Overview  

The government of South Korea will increase the country’s gross national income (GNI) per capita beginning 1 July 2024. The new GNI of KRW 44,051,000 will remain in place until 31 March 2025. Currently, the GNI per capita is KRW 42,490,000. The GNI is used for eligibility for certain visa categories in the country.  

Looking Ahead  

Continue to check the government of South Korea’s website and Envoy Global’s website for the latest updates and information.  

Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. Envoy Global is not a law firm, and does not provide legal advice. If you would like guidance on how this information may impact your particular situation and you are a client of the U.S. Law Firm, consult your attorney. If you are not a client of the U.S. Law Firm working with Envoy, consult another qualified professional. This website does not create an attorney-client relationship with the U.S. Law Firm. 

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