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.
If you are interested in Citizenship or Residency by investment
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Location
Asia
Population
51 million
Capital
Seoul
Currency
South Korea Won (KRW)
Language
Korean
Investment Amounts
Application Process
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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.)
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STAGE 2: Month 2
Upon approval, gather documents and submit the application to the Immigration Office, along with application fees.
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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
Let us help you!
As a trusted golden visa & citizenship by investment agent, our team is equipped to assess the ideal options for your unique situation, facilitate your application process, and keep you in compliance every step of the way. Our personalized investment migration consulting is your one-stop shop for obtaining a second citizenship or new residency. Fill out our contact form to get started with a complimentary consultation today.
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Here is what you can expect from your free consultation with our advisory team:
By the end of the consultation, you will know if you’re eligible to apply so you don't spend time and money investigating yourself
We will answer any specific questions you have about the program and application process
Our advisory team will explain every step of the process in detail so you know what to expect
We’ll help you understand the best programs and options for your situation
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