dark haired alien
“U.S. Citizenship?”
“I do.”
“You know that I haven’t even obtained permanent residency yet?”
“Aren’t you saying that you have a very close relationship with President Donald Trump? There seems to be something special going on. Moreover, since he is officially the richest person in the world, there seems to be no backlash for the national interest of the United States.”
A little murmur arises among the politicians gathered in their seats.
“No, then what about our national interest?”
“Actually, there is nothing we can do about it. All of my fortune was earned in the United States, and it can’t be withdrawn if the person wants it.”
“You mean giving up your Korean citizenship?”
“Under Korea’s nationality law, there is nothing we can do about it. Dual citizenship is not allowed unless you were born abroad.”
The person you are talking to frowns.
“Is that difficult?”
“It’s not difficult. But the truth is that there is no way to do it.”
“no. Somehow, something has to be done. If there is news about him giving up his Korean citizenship, there will be a lot of backlash.”
“I do, but… … It’s really unavoidable.”
“Let’s find a way.”
In the political circles, especially the ruling party, there was a lot of talk about Eugene’s acquisition of US citizenship.
This is because the fact that the world’s richest person on Wall Street is Korean was not less symbolic.
For the government and the ruling party, it is helpful in many ways for Eugene to continue to build results.
When it became known that Eugene would acquire American citizenship, it was clear that there would be a lot of backlash.
Koreans are particularly sensitive to Koreans giving up their citizenship. It is common to send a stinging gaze to changing nationality in order to represent the Olympics.
And at the moment when the ruling party’s measures were being discussed, the media were already starting to report on Eugene’s acquisition of US citizenship.
As I expected, voices of criticism began to come from here and there.
In particular, concerns were raised about Eugene becoming a foreigner and having a considerable influence on the Korean economy.
In fact, it was even more so because it had not been long since the announcement of an investment of 500 trillion won.
Of course, there were quite a few objections. There are opinions that it is far more advantageous for Eugene to have American citizenship as the place where Eugene is doing business is in the United States, but they are saying that he is much more patriotic than having Korean citizenship since he is making money in the United States and investing in the Korean economy. .
But right now, that voice was not gaining strength.
There were many opinions that it was unpleasant for Koreans to give up their Korean citizenship.
“I’m a black-haired foreigner… … .”
“What does that mean?”
Joanna heard the words Eugene spit out while reading an article about herself and asked.
“It is an acronym for Korean descent who have foreign nationality and enjoy economic benefits in Korea.”
“Are you of Korean descent with a foreign nationality? There is no need to even use anonymity for such people, right?”
“Neither is it. It is not a term used for people who have foreign nationality and are active in a foreign country. It’s a problem because you have a foreign nationality and are in Korea while receiving special privileges as a foreigner and not paying any fees you have to pay. There are quite a few cases where living in Korea does not fulfill national defense obligations, or receiving tax cuts as a foreigner and receiving Korean medical insurance benefits.”
In Korea, the income tax for high-income earners reaches a maximum of 45%, but foreigners also receive a special case of paying a single tax rate of 19%.
It is said that it is limited to five years, but it is clearly a much greater benefit compared to Koreans.
“Obviously, that would be a problem. But the boss isn’t like that, right? There is no benefit in Korea.”
“It’s a very emotional issue. Few countries like people who have given up their nationality.”
“It does.”
“Furthermore, it is true that I am investing quite a bit in Korea.”
“I think the image of the boss will be damaged quite a bit.”
Joanna said with a sad expression on her face.
“I can’t help it.”
But Eugene had a rather casual face.
“Shouldn’t something be done?”
Joanna knows that Eugene has a pretty big interest in Korea.
However, Eugene did not respond to such public opinion in Korea.
Normally, Sejong public relations would have mobilized various public opinion battles.
It is true that any influence you have on the Korean media can change current public opinion.
“Sometimes it’s best to do nothing at all.”
Joanna couldn’t understand Eugene’s attitude, but she didn’t object to it either.
Because he knows that whenever he does something that other people don’t understand, there’s always something worthwhile.
“I got into trouble.”
Kim Hwan, who is in charge of his work in Korea, has complained like that at the end of his annual report.
“I didn’t know that the boss’s renunciation of nationality would be so controversial. Everyone asks me if it’s real.”
All of them mentioned by Kim Hwan are numerous companies invested by SS Partners and SS Ventures in Korea.
They’ve been gaining quite a bit of an advantage just because they’re related to Eugene so far.
Just because Eugene invested, attention was drawn to it, and it was a great help in marketing.
However, this time, it is said that for the first time, he is being criticized for being related to Eugene.
“It seems that the calls for criticism are non-stop all day. Some people said it was to the point of being paralyzed.”
“There are quite a few people who have nothing to do.”
“There are too many of them to simply be people with nothing to do. It seems to have some power.”
“Things like that happen, too. It seems I have quite a few enemies.”
In fact, the current criticism of Eugene was going too far. There are not many foreign Koreans who continue their business activities in Korea.
Many of the family owners of large corporations also had dual citizenship.
However, so far, it has been very rare to take issue with the for-profit activities of such dual nationals or foreigners of Korean descent, except for the military issue.
However, this time, there were not a few people who criticized Eugene with a very sharp standard.
Among them, not only ordinary citizens, but also social groups were included.
“There are quite a few articles that put up a list of companies that have been invested in us on bulletin boards and call for protest calls. It is clearly a repression of business activity. Our lawyer said that this was enough to sue us for obstruction of business.”
“Is legal action necessary?”
“But if it’s not possible right now, it’s going to be like pouring oil.”
“Then I will have to wait. haha.”
Eugene listened to Kim Hwan’s complaint, but did not give up his spare time.
“Take care of the people involved in moderation. It won’t last long anyway.”
“What number did you use?”
“no. we don’t have to There must be someone more urgent than me.”
“yes? ah! Hagi, Jeil and Dasan would rather be the problem.”
And indeed, articles in favor of Eugene started appearing one by one in the media.
Most of the articles emphasized that they are contributing to the Korean economy by investing large sums of money earned in the United States in Korea.
Considering the fact that the Korean media is largely under the influence of large corporations, it is easy to guess the background for these articles.
Some broadcasting stations even organized special programs about Kang Yu-jin’s acquisition of citizenship.
“It is foolish to provoke Chairman Kang Yu-jin with such irresponsible accusations.”
“Are you irresponsible? Isn’t it true that dark-haired foreigners only enjoy benefits in Korea and do not fulfill their duties properly?”
“Where is President Kang not doing his duty? I also served in the military, and while I was living in Korea, I worked for a large company and paid all my taxes. Isn’t it irresponsible and foolish to label someone as a dark-haired foreigner and accuse them of something they didn’t do?”
Although it is a discussion program, the panel composition participating in the debate is filled with professors or economists for those who favor Eugene, and those who oppose it are not very logical and provide biased information to the viewers. there was.
“But if you invest such a large amount of money even though you are no longer Korean, won’t the Korean economy end up being subordinated to foreigners?”
“Did you know that the majority of Cheil Electronics’ shareholders are foreign? Do you fully understand the fact that a shareholder’s nationality has no meaning in the global economy? Judgment should be made based on the impact on the national economy, not the nationality of the shareholders. Right now, the stock price is rising just because Chairman Kang plans to invest hundreds of trillions of dollars in Korean companies. Do you know how much Korea’s GDP will rise over the next few years if investment is drawn as planned? But what about the benefits? What are the benefits?”
“Then, are you saying that we should wait and see that the Korean economy is subordinated to Kang Yu-jin?”
The advocacy panel was now even making an expression of frustration.
“Is it related to his nationality for Chairman Kang to invest the money he earned in the global financial market into the Korean economy?”
“that… … Anyway, as a result, the Korean economy is completely subordinated to the U.S. Wall Street speculators… … .”
“If you don’t like that, you can prevent foreigners from buying Korean stocks. Can only Koreans buy and sell Jeil Electronics’ stock?”
The panelists, saying that it was emotionally unacceptable for Eugene to give up her Korean citizenship, could not even properly refute the opposing panel’s opinion with reasonable justifications and clear figures.
“What do you think will happen if Chairman Kang withdraws investment in Korean companies due to such excessive and meaningless criticism? There will be a panic in the Korean stock market right now. And the Korean economy will be affected. On the other hand, other foreign investors will also reduce their investment in Korean stocks.”
The focus was on Eugene’s remarks that were close to threatening that he might give up his investment in Korea.
When he said that the 500 trillion won investment he was supposed to supply might not come in, no one could give a proper answer.
In fact, it was an obvious threat. Most of the media carried on that day that it could withdraw a huge amount of investment, equivalent to 50% of Korea’s GDP.
“It looks like I was just threatening you.”
Eugene was also watching the program. There have been no other great events lately, so I had time to watch special Korean programs.
“Iknow, right. But isn’t that quite a possibility?”
Through the learning so far, Yoanna was able to understand the Korean program without much difficulty.
“no way. No way.”
Regardless of external criticism, investment in the Korean economy was essential.
Of course, if these accusations continued, some action would have been taken, but it was not necessary.
The 500 trillion won Eugene promised made people fear even if he didn’t take any action.
Although Eugene did not make a single contact, the media were already conducting self-censorship.