South Korea Immigrant Investor for Public Business
South Korea Immigrant Investor for Public Business
The South Korea Immigrant Investor Scheme presents a remarkable opportunity for applicants to obtain permanent residency in South Korea by making a 5-year fixed deposit in a state-owned bank. One of its notable advantages is the flexibility it offers, as applicants are only required to visit South Korea once a year during the 5-year period to fulfill the residency requirement. Once permanent residency is granted, the deposited amount can be fully withdrawn without any impact on the applicant’s identity.
The program is also popular as its short processing time. For Globevisa, we have successfully assisted numerous clients, and our fastest approval time up to now for a single applicant stands at an impressive 6 days.
Time to permit
2-3 months
Visa-free travel
189 countries and regions
Passport rank
3rd in the world
Residency requirement
Land in South Korea at least
once per year during the 5-year period
Taxation
No taxation
Established time
Program launched in 2013
Application Requirements
For F2/F5 applications:
- For F2 application requirement: Invest of 1.5 billion KRW
- For F5 application requirement: Invest of 3 billion KRW
For Permanent Residence application:
1. Maintain the deposit for a consistent 5 years.
2. Maintain the F2 visa for 5 years, land in South Korea at least once every year, and to renew the F2 visa in the third year.
3. Apply for the F5 visa after 5 years, which equals the permanent residency in South Korea. Land in South Korea every 2 years to maintain the PR.
Program Benefits
1. Explanation of Source of funds, and residence in South Korea are not required.
2. The main applicant can bring his/her spouse, unmarried children (no limitation on the age) and parents.
3. Safety and flexibility of the investment, as the deposit will be kept under the government bank account, and the funds could be fully withdrawn at any time as per the applicant’s demand.
4. The deposited amount could be withdrawn after 5 years with no impact on the identity.
5. The ability to apply for F2 visa with a short processing time.
6. Fulfill diversified demands, no matter opening overseas personal account, arranging international transfer, studying abroad or the welfare provided by the government.
