Located in East Asia, South Korea is an urban business and lifestyle hub. Capital city Seoul is vibrant by day and night and is the spirit of the country. The metropolis boasts excellent infrastructure, including in transportation, allowing residents easy access throughout the country. This future-focused nation’s economy is highly industrialized and the third largest in Asia.
South Korea’s residence program allows foreign nationals to make an investment into the country and apply for an investor visa.Enquiry
Minimum investment of KRW 300 million (approximately USD 300,000), or KRW 500 million (approximately USD 500,000) for applicants under 55 years
Approximately 20 days for the immigration procedure
The right to live, work, and study in South Korea
South Korea is one of the most desirable destinations in Asia and worldwide and is a highly sought-after location for investors. For those who wish to reside in this attractive, future-focused country, the South Korea Residence-by-Investment Program is the most efficient way to acquire such status. The South Korean government has allowed for a substantial number of visas for individuals who wish to make an investment into the country that would boost the economy through foreign direct investment. Under this program, individuals can become residents of South Korea within less than a month and permanent residents after five years.
The South Korea Residence-by-Investment Program requires that a foreign individual invests into a bank deposit in the country.
Documentary evidence of the investment must be provided as part of the application process.
Applications to the program must be made through the prescribed forms and must be accompanied by the appropriate fees and supporting documents. Residence permits are usually issued after a 20-day consideration period. They have an initial validity duration of three years and can be renewable for two years thereafter, provided that a minimum investment in South Korea is maintained by the applicant.
The applicant follows the below process to apply under the program:
All permanent residents are eligible to apply for citizenship, provided that all necessary requirements are met.
In addition, South Korea does not allow dual citizenship.
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