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foreign workers korea

Why My Coworker Never Walks Into a Bank to Send Money Home From Korea

September 8, 2026 by S.H. Kim

Sending 500,000 won home from Korea costs 4x more by bank wire than by Hanpass, GME, or E9Pay. Here is the real fee and FX-spread math for 2026.

Categories Money & Life Tags bank wire Korea, E-9 visa korea, E9Pay, foreign workers korea, FX spread Korea, GME remittance, Hanpass, Korea money transfer, Korea remittance, korea remittance limit Leave a comment

Do Foreigners Get Severance Pay in Korea? Here’s the Full Process

September 2, 2026 by S.H. Kim

Yes, foreign workers get severance pay in Korea after one year. Here’s the 14-day rule, the IRP exception, E-9/H-2 insurance, and $5,000 wire threshold.

Categories Money & Life Tags E-9 visa korea, expat finance korea, foreign workers korea, H-2 visa korea, IRP account korea, korea labor law, korea remittance limit, quitting a job in korea, severance pay korea, 퇴직금 Leave a comment
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