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

 
 

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.

Benefits

  • Applicants are provided with a 2-year resident permit
  • Non-permanent residents can be exempt from income tax on foreign assets
  • Eligible for a reduction or exemption on corporate tax, income tax, acquisition tax, and property tax
  • Applicant can qualify for citizenship after 5 years
  • Foreign Investors are not required to forfeit their previous citizenship at naturalisation
  • No physical presence requirements
  • Applicants can bring their unmarried children

 
 

Requirements

  • Provide a police report and be of good character
  • Provide a tuberculosis test certificate
  • Possess a net worth above 300m KRW

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