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. For additional information on the issues discussed, consult an attorney at Corporate Immigration Partners, P.C., or another qualified professional of your choosing. On non-U.S. immigration issues, consult your Envoy representative, or another qualified representative of your choosing.
