Working in South Korea for a corporation in Latvia

Can I work remotely for a company in Latvia while being in South Korea?

It is usually doable, but we recommand to check the following key points first:

  1. The company must be registered and have a valid license in Latvia.
  2. You need to apply for the visa yourself. You need to apply for the visa through the embassy in Seoul or in your home country.
  3. You need to apply for the work permit yourself.
  4. You need to have a residence permit in Korea.

How do I apply for a work permit?
You need to apply for the work permit through the embassy in Seoul or in your home country.

How can I apply for the residence permit in Korea?
You need to apply for the residence permit in Korea through the immigration office in your home country.

How to live in South Korea and find remote work in Latvia?

Finding remote work in Latvia if you are located in South Korea might be difficult, therefore we recommend you to look for remote work in another country.

We analyzed some of the best remote work countries and found the most popular ones for freelancers and remote workers.
Latvia is one of the countries with the lowest cost of living, so it is a good option for freelancers who are looking for remote work.
The cost of living is low in Latvia, but you can still find a place to live and work in one of the cities.

How to find remote work in Latvia?
There are two ways to find remote work in Latvia.
The first one is to look for remote work in companies that are already operating in Latvia.
If you know someone who is working in one of those companies, you can ask them to refer you to the company.
If you are not connected with anyone in Latvia, you can also look for remote work in Latvia by yourself.
You can find a list of companies that are hiring in Latvia here.
The second way is to look for remote work in Latvia by yourself.
You can use the online platforms like Freelancer or Upwork to find remote work.
There are also websites like Remote.co that allow you to find remote work in any country.
Here are the main things you should consider when looking for remote work in Latvia:
Cost of living

How a company in Latvia can send my salary in South Korea?

When working remotely for a corporation in Latvia, you salary can be send to South Korea but not the other way around.

I have been working remotely for a company in Latvia for the last year and a half. I have been working for them remotely for the last year and a half and I have been paid by them in Latvia.
My contract is based in Latvia and the company is based in Latvia. I have never been to Latvia, I have never been to the country of Latvia.

Where to pay my taxes when working remotely in South Korea for a company in Latvia?

If you are working remotely in South Korea for a corporation established in Latvia, taxes could seem complicated but in fact , they are not.

For the sake of simplicity, we will be talking about the tax rules in South Korea and the United States. We will only cover the tax on remuneration earned in the United States and the tax on profits earned in South Korea.
We will not be discussing the taxes for dividends, capital gains, or taxes on business income earned in South Korea.
Working remotely in South Korea for a company in Latvia
In South Korea, you are taxed at the corporate level. You can only be taxed at the corporate level if you are employed by a company. If you are self-employed, you are taxed as a sole proprietor.
This is the same in the United States. If you are employed by a corporation, you can only be taxed at the corporate level. If you are self-employed, you are taxed at the individual level.
In the United States, if you are a US citizen and your income is from work in the United States, you are taxed at the individual level. If your income is from work in another country, you are taxed at the individual level.
You are taxed at the individual level regardless of where you are employed. This is true in the United States and South Korea.
If you are employed by a US corporation, you are taxed at the individual level.
If you are employed by a South Korean corporation, you are taxed at the individual level.