investment

Redevelopment (Groove)


Starting a Business

There are several preliminary issues to consider before your business can even worry about the usual issues like costs, contracts, advertising, and the actual operation of the business:

1.  Visa (are you here legally and are your workers)?  There is a new "startup visa" and sometime in the future I hope to discuss it in more detail.
2.  Financial law (what restrictions / rights do you have as a foreign investor)?
3.  Business structure (what kind of business do you run)?  This also affects ...
4.  Taxation, which is always a concern.

Hopeful Wishing

 

I work four hours a day in Korea. It’s great. In the States I’d be working more than twice that to maintain the same income. Even more hours would be needed to realize the same lifestyle I enjoy here (nothing outlandish, I assure you). The Koreans with whom I work are not paid as much as I am for the same work. They work more hours than I do as well.


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