Tax exemptionand social insurance for the overseas laborer's earned income tax

                                                                                           Written by Kang, Sam Yup

                                                                                           Translated by Park, Eun Kyung.

<1>Worked overseas: tax exemption until KRW 1000,000 monthly.

(Deepsea fishery, ship, construction site: tax exemption until KRW 3000,000 monthly)

<2>Health insurance for overseas laborer

→ himself or herself and family living abroad: 100% taxexemption for the period of living abroad:

 100% tax exemption for the period of livingabroad.

→Family lives in Korea and she or he lives abroad:

 50% tax exemption for the period of livingabroad.

→Even though she or he paid all without tax exemption, refundcan be received.

<3>She or he should submit Natioonal Health Insurance Corporation ‘report for thechanged working place and working scope'.

<4>Overseas laborer:

 Occupational health and safety insurance,unemployment insurance, national pension: tax exemption, health insurance isincluded in monthly salary.