Useful Info

What is renunciation of nationality?
Renunciation of nationality refers to a person with multiple nationalities voluntarily giving up a specific nationality and choosing another one. In other words, it means deciding to retain only one nationality after holding two or more.
Why renounce nationality?
Main place of residence: When choosing to live long-term abroad
Military service obligation: When one does not want to fulfill military service obligations (Note: This is an illegal method and may result in punishment.)
Convenience in social life: When wanting to maintain a foreign nationality for social life abroad
Tax issues: When selecting a foreign nationality considering tax benefits, etc.
How is the renunciation of nationality procedure conducted?
The renunciation of nationality procedure generally proceeds as follows.
Renunciation declaration: Submit a renunciation declaration to the overseas diplomatic mission office in charge of your address.
Document submission: Submit required documents such as passport, birth certificate, etc.
Review: The Ministry of Justice reviews the submitted documents and examines the renunciation.
Decision notification: Receive notification of the review result.
Points to note when renouncing nationality
Military service obligation: For men, renouncing nationality without resolving military service obligations may cause problems.
Taxes: Even after renunciation, taxes on past income may still need to be paid.
Assets: Even after acquiring foreign nationality, rights to assets in Korea may be retained.