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Fall 2014 APPLICATION GUIDE FOR OVERSEAS KOREANS (UNDERWOOD INTERNATIONAL COLLEGE) SEOUL CAMPUS Fall 2014 Undergraduate Application Guide For Overseas Koreans (UIC) Important Changes Admission Schedule
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For overseas Koreans is a form that needs to be filled out by Koreans living abroad to report their overseas income and assets to the Korean government.
All Koreans living abroad who have income and assets exceeding a certain threshold are required to file for overseas Koreans.
To fill out for overseas Koreans, individuals need to gather information about their overseas income and assets, and then complete the required form provided by the Korean government.
The purpose of for overseas Koreans is to ensure that Koreans living abroad are properly reporting their overseas income and assets, and to prevent tax evasion.
For overseas Koreans, individuals must report their overseas income, including wages, rental income, investment income, etc., as well as their overseas assets such as bank accounts, real estate, and stocks.
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