These 2 Hugely Popular Asian Countries Are Launching Digital Nomad Visas But There’s A Catch  

View of a town in South Korea

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Asia is turning into more and more standard for digital nomads trying to embrace new cultures whereas benefiting from decrease crime charges and decrease prices of residing.  

There are at the moment greater than 35 million digital nomads working all over the world, and that quantity is just rising.  

View of a town in South Korea

Many governments are eager to draw digital nomads and the advantages usually convey to their economies. These 2 vastly standard Asian international locations are becoming a member of many others and launching digital nomad visas.  

But there’s a catch: 

Digital Nomad Visa In Japan 

Japan has lengthy been a well-liked vacation spot for digital nomads drawn to its distinctive mix of recent residing and tradition.

In response to this Japan has lastly launched its personal digital nomad visa and this system is anticipated to begin by the top of March.  

remote working at the foot of mount Fuji

Applicants from 49 international locations, together with the U.S., might be eligible to use for the visa, and you should use this each should you’re a distant employee or should you’re self-employed.  

But this isn’t a digital nomad visa that can work for everybody.  

The large catch is that to be eligible for the six-month visa for digital nomads you will have to have an annual revenue of 10 million yen ($68,300) or extra, which excludes an enormous share of digital nomads who aren’t incomes sufficient to be eligible for the visa.  

You can even must have your individual non-public medical insurance coverage in place, although visa candidates can journey with their spouses and dependent youngsters.  

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Contrary to standard perception, Japan isn’t an costly nation to reside in, and the price of residing isn’t as excessive as you would possibly suppose. One report discovered that the typical price of residing in Japan is 46% cheaper than the typical price of residing within the U.S.  

With that in thoughts it’s stunning that the incomes threshold for the brand new digital nomad visa is so excessive. And little doubt disappointing for these would-be nomads in Japan who don’t meet the incomes threshold.  

Digital Nomad Visa In South Korea  

South Korea is soaring in popularity with vacationers and has additionally introduced plans to launch its personal digital nomad visa.  

Haedong Yonggungsa Temple in Busan, South Korea

The South Korean digital nomad visa will permit nomads to remain within the nation for as much as 2 years which is 4 occasions longer than the Japanese visa.  

Just just like the Japanese digital nomad visa the principle downside of the Korean digital nomad visa is the prohibitively excessive revenue necessities nomads should show they meet.

Each nomad might want to show they earn an annual revenue of over 84.96 million received ($65,000) to be eligible for this visa.  

south korea at night

That determine is a whopping 2 occasions the gross nationwide revenue per capita with the price of residing in South Korea being decrease than the price of residing within the U.S.

Again, these figures are each stunning and disappointing to these digital nomads who don’t meet the incomes necessities.  

Other necessities for this new visa embrace having non-public medical insurance in addition to written proof of your employment standing and a clear felony file verify.  

Why Japan And Korea?

Japan and Korea are the 2 hottest vacationer locations in Asia proper now. Both boast areas of excellent pure magnificence, wealthy historic sights, and interesting trendy cultures.  

colorful signs in Akihabara Tokyo Japan.

From Korean Ok Pop to Japanese Manga, each cultures have entered the zeitgeist within the U.S. and their popular culture is what attracts so many youthful vacationers and digital nomads.  

For digital nomads, each international locations are extremely protected and handy and boast high-speed web connections. They are inexpensive, clear, and dynamic.  

Tokyo was revealed to be 2023’s fastest-growing destination on the planet for digital nomads experiencing a 369% enhance in nomads within the nation with Korea coming shut behind.  

K Street Gangnam Seoul Korea

U.S. vacationers can keep in each Japan and Korea for as much as 90 days (or 3 months) with a daily vacationer visa, so should you don’t meet the high-income necessities to safe a digital nomad and keep on a longer-term foundation, then each locations are nonetheless effectively value visiting and exploring within the shorter time period as a part of your digital nomad journey.  

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This article initially appeared on TravelOffPath.com

Opinions expressed listed below are the writer’s alone, not these of any financial institution, bank card issuer, lodge, airline, or different entity. This content material has not been reviewed, permitted or in any other case endorsed by any of the entities included inside the submit.


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