Life in Korea

Korean Installment Time Deposit Interest Computation

Several people have asked me why the amount they got wasn't equal to the percentage promised by the bank. Let’s take Kookmin Bank’s 6.5% interest rate for example. I applied for a fixed time deposit account (국민행복적금) with the maximum monthly deposit of 500,000 KRW automatically transferred from my regular KB account. Now why is the… Continue reading Korean Installment Time Deposit Interest Computation

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Life in Korea

Best Korean Grammar Books

Nowadays, more and more people from all over the world want to learn Korean language. It may be because of the influence of K-pop and K-drama, or great love for Gong Yoo. Ehem! If you want to learn Korean language the right way, stop buying phrase books and stop relying on romanization. The first big step… Continue reading Best Korean Grammar Books

Life in Korea

Requirements for Legal Capacity to Contract Marriage

*As of January 2018 Korean should be present during application. Payment is Php 100 Application is from 9:00AM to 12:00 Noon at the authentication window. Release is at 3:30 PM at the authentication window. Marriage interview is not required. However, if the couple prefers to take the interview to acquire information on marriage process and spouse… Continue reading Requirements for Legal Capacity to Contract Marriage

Life in Korea

Korean Visa Application through Designated Travel Agencies

Here's an announcement from the Korean embassy in the Philippines posted on May 29, 2018. From July 1, 2018, visa application will be processed through designated travel agencies only due to increased number of Korean visa applicants. Total number of visa applicants increased from 90,000 in the year 2015 to 120,000 by the end of 2016.… Continue reading Korean Visa Application through Designated Travel Agencies

Life in Korea

Philippine e-Passport Renewal in Seoul

One of the basic requirements when traveling abroad is a passport with at least six-month validity. Although the expiration date of my passport isn't that soon, I needed to apply for an early renewal in preparation for an upcoming trip. Renewing your Philippine passport at the Philippine Embassy in Seoul (in my experience at least) is a… Continue reading Philippine e-Passport Renewal in Seoul