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Public Business

What is the Immigrant Investor Scheme for Public Business?

The Immigrant Investor Scheme for Public Business is the government program that allows foreigners who satisfy the investment requirements designated by the Minister of Justice to obtain F-2 resident and F-5 Permanent Resident status. For instance, those that have invested the minimum investment amounts or more in Korea and their families will be granted F-2 Resident status, and if they successfully maintain the investments for the next 5 years, they will, also, be granted permanent residency.

  1. 1. You must invest the minimum investment amounts in the projects and funds of the Immigrant Investor Scheme for Public Business
  2. 2. You will be granted F-2 Resident status immediately after you make your investment(s).
  3. 3. You will be granted Permanent Residency if you maintain your original investments for 5 years.
  4. Principal Protection - Notwithstanding no interest until the full recovery, the scheme guarantees the return of the original amount you invested.

Minimum Investment Amounts

Minimum Investment Amounts
500 million won or more
300 million won or more - You must be a retiree who is 55 years old or older, Your spouse and your domestic/international assets are worth 300 million won or more.

Investment Procedure

Investment Procedure
  1. STEP.01 Preliminary Review

    The Preliminary Evaluation helps the investment process go smoothly and assesses a potential foreign investor’s eligibility for the status of stay in Korea in advance.

    [Please apply to a promotion agency designated by the Minister of Justice]

  2. STEP.02 Establishment of a Bank Account for a Wire-Transfer of Investment Money

    You open a new bank account for a wire transfer of your investment money.

    [A promotion agency designated by the Minister of Justice will act as a proxy.]

    ※ You, as a foreign investor, must send the money yourself.

  3. STEP.03 Visa Issuance and Entry

    You will receive the support for visa application and entry to Korea

    [Again, the promotion agency designated by the Minister of Justice will act as your proxy.]

  4. STEP.04 Investment Confirmation and Change of Your Status to F-2 Permantnt Resident

    Once you have properly made your investments after arriving in Korea, you will have to change your status to F-2 Resident.

    [The promotion agency designated by the Minister of Justice will act as your proxy.]

Benefit

The investor, his/her spouse and unmarried children will be granted F-2 Resident status him/her to freely leave/enter, work, run a business and study in Korea. Also, if the investor maintains the investments for 5 years, he/she will be granted F-5 Permanent Resident status.