For over the past 5 years, I would need to go to the Seoul Immigration Office every year to get my Alien Registration Card extended. You need your ARC for pretty much everything when living and teaching in Korea. You will need it for banking, setting up internet services, setting up your mobile phone and this will be your primary ID while living here. Here are some things that you need to have prepared before going to the immigration office. This is specifically for those who are located in Seoul. If you are not in Seoul, please click on this link to find your designated immigration office.
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