MORE ABOUT South Korea

South Korea's Economic Residency

Economic Residency in South Korea (also known as the South Korea Immigrant Investor Program) offers a pathway to permanent residency for qualified investors who make substantial economic contributions to South Korea through various investment options.

Statistics

South Korea - Economic Residency

Discover Economic Residency in South Korea

The South Korea Immigrant Investor Program provides a route to permanent residency for investors looking to base their business and investment activities in the country. This program is designed to attract foreign capital to contribute to South Korea's economic growth and development.

Minimum Income Amount

US$220,000 - US$1.2 million

Visa-Free Travel Countries

174

Months to Visa

2-6 months

Overview

A Snapshot of Economic Residency in South Korea

A route to permanent residency for qualified investors in South Korea

Eligibility Requirements

Substantial investment in approved sectors

Anchor Ancestor restrictions

Months to citizenship

Length of Visa

2-year resident permit, renewable

Months to Visa

2-6 months

Physical Presence Requirement

Visit South Korea at least once a year

Availability

Medium

Family Allowance

Spouse and children

Overview

Benefits of Economic Residency in South Korea

Economic Residency in South Korea offers numerous advantages for investors looking to establish their presence in one of Asia's most advanced economies.

  • Path to permanent residency for you and your immediate family
  • Access to high-quality education and healthcare systems
  • No language proficiency requirements for initial residency
  • Ability to live, work, and study anywhere in South Korea
  • Potential tax exemptions on foreign income for non-permanent residents

How to Apply for the Immigrant Investor Program in South Korea

Submit application to the Immigration Office in South Korea

Overview

Requirements for South Korea's Immigrant Investor Program

To qualify for the program, applicants must meet specific criteria demonstrating their investment capacity.

  • Invest a minimum of KRW 300 million (about US$220,000) for temporary residency (F-2 visa)
  • Invest KRW 1.5 billion (about US$1.2 million) for immediate permanent residency (F-5 visa)
  • Choose from public business investment, real estate investment, or risk-based investment options
  • Prove the legal source of investment funds
  • Provide a police report and be of good character
  • Possess a net worth above KRW 300 million

Overview

Documents Needed for South Korea's Economic Residency

Completed application form

Proof of investment

Business plan (for public business investment)

Source of funds documentation

Personal identification documents

Birth certificates for all family members

Marriage Certificate

Police clearance certificates

Tuberculosis test certificate

Discover How GlobalPassport Simplifies the Application Process for South Korea's Economic Residency

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about South Korea's Economic Residency

How long does it take to process a South Korean investor visa application?

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Can I include my family members in my South Korean investor visa application?

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What are the investment options under the South Korean Immigrant Investor Program?

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How long is the initial residence permit valid?

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Can investor visa holders apply for South Korean citizenship?

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Why South Korea

South Korea offers a robust economy, advanced technology sector, and an attractive lifestyle for investors and entrepreneurs.

Benefits:

  • Advanced and innovative economy
  • Stable political and legal system
  • World-class infrastructure and technology

Advantages:

  • Strategic location in East Asia
  • Strong intellectual property protection
  • High standard of living

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