SOUTH KOREA IMMIGRANT INVESTOR
The South Korea residence by investment program was first introduced in 2010 with the real estate investment option. In 2012, South Korea introduced the Public Business program to complement its offering with business and bond investment options. The programs provide a 2-year resident permit that is renewable. After 5 years of living in the country, applicants become eligible for South Korea permanent residence and citizenship. The South Korean passport is a world-class travel document providing visa-free travel to the U.S., Europe, and China. South Korean non-permanent residents are not liable to taxation on their foreign income.
Location
Asia
Population
51 million
Capital
Seoul
Currency
South Korea Won (KRW)
Language
Korean
Investment Amounts
- Public Business Risk-Based Investment option
- Public Business Guaranteed Investment option
- Real Estate Investor
| Public Business Risk-Based Investment option | |
|---|---|
| Investment amount | 500m KRW, or 300m KRW if 55 years old or older, to be held for 5 years in a development project in a less-developed region |
| Application fees | 130,000 KRW per person |
| Public Business Guaranteed Investment option | |
|---|---|
| Investment amount | 500m KRW to be held for 5 years or 300m KRW if 55 years old or older to be held for 5 years in a government fund |
| Application fees | 130,000 KRW per person |
| Real Estate Investor | |
|---|---|
| Investment amount | 500m KRW to be held for 5 years in real estate in specific areas |
| Application fees | 130,000 KRW per person |
Application Process
Stage 1 Month 1
Notification of the Ministry of Justice in the region in South Korea where the investment will be made. (This step only applies to the Risk-Based Investment option.)
Stage 2 Month 2
Upon approval, gather documents and submit the application to the Immigration Office, along with application fees.
Stage 3 Month 6
The Immigration Office will review your application and invite you to finalize your investment. Upon completion, you must submit proof of the investment to receive your residence permit.