Work in Latvia for a company based in South Korea

Can I work remotely in Latvia for a company in South Korea?

Yes it’s perfectly possible, but we advise first to check the following points:

  1. Are you legally allowed to work in Latvia?
  2. Are you allowed to work in South Korea?
  3. Is your visa and work permit valid?
  4. What is the cost of living in Latvia?
  5. Is the company you want to work for in South Korea a good company?
  6. Is the company you want to work for in South Korea hiring?
  7. Is the company you want to work for in South Korea paying well?
  8. Is the company you want to work for in South Korea offering a good working environment?
  9. Is the company you want to work for in South Korea offering a good career path?
  10. Is the company you want to work for in South Korea offering a good salary?

If you can answer yes to all these questions, then you can work in Latvia for a company in South Korea!
I am a non-EU citizen and want to work in Latvia for a company in South Korea.
What are my options?
If you are a non-EU citizen, you can work in Latvia for a company in South Korea, but you need to be aware of the following:
You need to have a residence permit in Latvia to be able to work in Latvia for a company in South Korea.

How can I find a remote job in South Korea while living in Latvia?

When things work out well, it’s possible to find remote jobs in South Korea even if you are located in Latvia, for that we have a list of remote jobs in South Korea that can help you to find a job in South Korea.

Is it possible to work from home in South Korea? Yes, it is possible to work from home in South Korea. You can find remote jobs in South Korea for freelancers and entrepreneurs.
Are there any remote jobs in South Korea for expats? Yes, there are remote jobs in South Korea for expats.
What are the best countries for working remotely? You can find remote jobs in South Korea for expats.

How do I find remote jobs in South Korea? There are many websites that help you to find remote jobs in South Korea.

How can I get paid in Latvia when working remotely for a company in South Korea?

It is possible to get paid in Latvia while working for a company in South Korea but it is not easy. You will have to do some research and find a company that will pay you in Latvian krona (LAT) when you work from Latvia.

How to get paid in Latvia when working for a company in Latvia?
If you work from Latvia and your company is located in Latvia, then you are entitled to the minimum wage in Latvia. However, if your company is located in another country, you will have to pay the social security contributions in Latvia, and you will have to pay income tax in Latvia.
If your company is located in Latvia, then you are entitled to the minimum wage in Latvia.

How much can I earn in Latvia?
The minimum wage in Latvia is €8.55 per hour. The maximum wage is €18.35 per hour. If you work for a company in Latvia, then the maximum amount of tax you will have to pay is €2,890.

Will I pay taxes in Latvia or South Korea when working remotely in Latvia?

Taxes can be complicated when working remotely in Latvia for a corporation in South Korea, so we’ve put together a quick guide to help you work out what you’ll need to know.

The answer is yes, you will be taxed in Latvia, but the amount you pay will be lower than if you lived and worked in Latvia.
Taxation in Latvia
In Latvia, the basic tax rate is 20% for individuals and 30% for companies.
The basic rate is applied to the net taxable income of individuals and to the taxable income of companies.
Income tax is applied on the basis of the individual’s tax status and the company’s tax status.
If you are a self-employed individual, you will pay tax at the basic rate.
If you are a company, you will pay tax at the basic rate.
If you are a non-resident individual, you will pay tax at the basic rate.
If you are a non-resident company, you will pay tax at the basic rate.
If you are a resident individual, you will pay tax at the basic rate.
If you are a resident company, you will pay tax at the basic rate.
If you are a resident of Latvia, you will pay tax at the basic rate.