Is Korean citizenship good?

SOUTH KOREAN CITIZENSHIP Under this process, you must have lived in South Korea for five consecutive years and have spent at least 183 days each year in South Korea and pass a test on Korean culture and history, and the Korean language. South Korean citizenship is one of the best in the world.

What are the benefits of being a Korean citizen?

As a Korean national, you benefit from easier access. Additionally, there is a wide range of credit and mortgages available which are not available to foreign nationals. Once you recover your Korean citizenship, you gain the ability and power as a potential voter. As an adoptee, you are viewed as a foreign national.

Can you buy a house in Korea as a foreigner?

Korea is one of a few Asian countries where you can buy residential and commercial property without restrictions as a foreigner. You are treated on a similar level as locals, something that’s rare for Asian countries.

How long do you have to live in Korea to become a citizen?

Meeting Naturalization Requirements. Live in Korea for 5 years as a permanent or long-term resident. Unless you have a family relationship with a Korean national, you must live in Korea for at least 5 years as a permanent resident before you can apply for citizenship.

Can you get Korean citizenship after renouncing?

– In case the nationality renunciation or choice is not made within that time period (2 years), Korean nationality is automatically canceled, and they must apply for recovery of nationality permit along with application of loss of nationality.

How much does it cost to have a baby in Korea?

The cost of giving birth is around 7 to 12 million Won depending on the birth method of choice and the setting. Deliveries may not be done in a private room, but if one opts to deliver in private, the hospital may charge a higher amount.

How can I become a citizen of South Korea?

There are three ways you can become a naturalized citizen of South Korea. The first is called general naturalization. This type of citizenship only applies if you’ve never obtained Korean nationality in the past and if you have no family relation to a Korean.

Can a Korean citizen renounce their citizenship?

However, the Korean law does not always permit renunciation when it comes to the Korean citizenship. Because of the mandatory conscription system, in Korea male citizens must choose the desired citizenship before the end of March of the year when they turn 18.

Do you have to give up your foreign nationality to South Korea?

Those who acquire South Korean nationality by naturalization normally must give up foreign nationality within six months or forfeit South Korean nationality. An exception to this is draft-age males, who must complete or be exempted from military service before being allowed to forfeit Korean nationality.

What happens if you have dual citizenship in South Korea?

Dual citizenship holders: Must report to the South Korean government within six months after acquisition of another country’s citizenship and follow the Nationality Act. Otherwise, he/she will lose his/her Korean citizenship automatically. Cannot have jobs that are related to the government or national security.