Title: South Korea’s Quiet Escape Plan
Recent signs in South Korea point to an accelerating shift toward socialism following the left-leaning government’s rise to power, which some consider illegitimate. The wealthy are increasingly facing subtle pressures, with the media already aligning with this trend. As a result, preparations for emigration are quietly underway among the affluent.
In Seoul, ‘T Immigration Agency,’ a company facilitating overseas migration, reports a surge in inquiries—over three times the usual volume—from individuals concealing their identities, seeking family-based emigration. Meanwhile, immigration lawyers in the United States are also experiencing a sharp increase in direct inquiries from South Koreans.
Having observed Hong Kong’s trajectory, many fear South Korea could become a socialist or communist state that restricts asset transfers abroad. Taking advantage of the government’s currently lenient controls, a growing number of South Koreans are seeking to leave. Additionally, businesses, wary of the country’s socialist transformation, are exploring ways to relocate operations overseas, though this process remains challenging.
07/16/2025 2:04 PM
Contributor : Sharon Liu Fau
sharonliufau@gmail.com
