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2003-09-30 Korea
A lot or Koreans are Getting Out.
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Posted by Michael 2003-09-30 10:21:53 AM|| || Front Page|| [1 views since 2007-05-07]  Top

#1 But where are they putting it? Canada, like the Hong Kong exodus?
Posted by mojo  2003-9-30 11:11:31 AM||   2003-9-30 11:11:31 AM|| Front Page Top

#2 From what I hear, the top three destinations are the US, Canada and New Zealand with some even going to Brazil!

I know that the Korean population here in NY has really grown the last little while. My friend is an immigration attorney and he says the number of visas and residency applications from South Korea has skyrocketed the last two years. There are a lot of Korean out of status and illegals here as well, but the Government does nothing about them (and I have no problem with that, really) because they’re productive and cause no problems.

Canada was Hong Kong’s primary choice because it was much easier to gain citizenship there compared to other countries. I think all you have to do is pay something like $250,000CAN (about $175,000US) bond and the residency is essentially yours. After the waiting period, many Hong Kongers went back as Canada is not such a good place to make money, especially compared to HK. Many HKers had this money, but Koreans don’t so this isn't really an option for them.
Posted by LMJ 2003-9-30 2:47:27 PM||   2003-9-30 2:47:27 PM|| Front Page Top

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