SeoulPodcast #127: New World Order

Feb 19, 2012 by

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Hello,  thanks for reading my email.  Here is my dilemma.  my wife and I have been discussing a move to Korea, but have concerns over our ability to support a family (2 children).  I am a civil engineer and she is a nurse.  She is a Korean national.  I have regularly scanned through different ESL websites such as ESL-Planet and find the salaries to be too low for a family of four.  Would it be possible to develop a good monthly income via contract teaching and private tutoring,  assuming that I would be working under an F class; guessing F2, visa.  I thought the cast of the seoulpodcast would have a unique view into this area.   Thanks again for any help.

Oh yes, I love the podcast.



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  • A clarification on the tax stuff (re: “Have you been filing your taxes?”). As I understand it, there are two ways to avoid paying taxes as a US citizen or permanent resident living abroad (even green card holders have to worry about filing taxes in the US!). 

    One is the foreign income exclusion (or something like that) that deducts the first $90K or so from your foreign earnings, if you’re a bona fide resident of a foreign country. That’s most of your listeners. 

    The second is that, I believe, the taxes you pay on your income in Korea can be taken off your overall tax bill. But you can’t take both of these methods. One or the other should be able to wipe out your tax bill to the IRS, unless you’re making beaucoup bucks in Korea. 

    And it’s not so much an amnesty as it it is a reminder that people need to do this, along with them saying they pretty much go easy on people who wouldn’t have had a tax bill had they filed in a timely manner. They just want you to do it so that you’re above board and all good and won’t get in trouble later. 

    Most of the information is available on the IRS info page I linked to, or on links that that sends you to.

    By the way, I thought the YouTube videos were pretty funny. It truly was a time waster when I needed to get a paper done, just like today.

    • Thanks for clarifying that. Glad the videos produced unproductivity!

  • Jackie Bolen

    Seoul Podcast: I truly, truly love you (and personally know 2 of you, and have talked to all 3 of you together on the Podcast), which makes your recent podcast all the more disappointing.  As you were talking about eating whale-meat, it turned my stomach and I had to switch off the Podcast.  Numerous species of Whales are endangered and many more are vulnerable.  No species of whale could be considered to be “thriving.”   As long as people continue to frequent Whale Restaurants, the killing will continue. 

    Basically, the ocean is not a supermarket and we shouldn’t treat it as such, especially for those species who are in danger of disappearing forever.  I love seafood and think it’s quite delicious, but I limit myself to once or twice/year because it really is a serious concern. 

    • roboseyo

      Mmm… yeah. I’m kinda with Jackie here. Weird delicacies are awesome… but I can’t even eat tuna in good conscience anymore.