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Subsidies for Foreigners and Car Loans

Discussion in 'South Korea' started by treborrr, Jul 9, 2020.

  1. treborrr

    treborrr New Member

    Joined:
    Jul 9, 2020
    Messages:
    1
    Location:
    Seoul
    Hello,

    I got a call from Tesla Korea telling me to double check if I am eligible to receive government EV subsidies before placing an order because there were many cases of foreigners being denied. Anyone had any experience?

    Also what are your experiences with getting a car loan as a foreigner? I know all major credit card providers don't allow foreigners for their 할부.

    Best!
     
  2. kaidou

    kaidou Member

    Joined:
    Aug 29, 2018
    Messages:
    198
    Location:
    Raleigh, NC
    Incentive is only available for Korean nationals. Possibility may be Korean spouse.
     
    • Like x 1
  3. New_Old_Stock

    New_Old_Stock Member

    Joined:
    Feb 15, 2020
    Messages:
    158
    Location:
    Dongtan, South Korea
    If you’re not a Korean citizen your name cannot even be on the title with your Korean spouse.
     

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