immikorea.com
public investment visa

Investor Visa for Public Works / Retirement Investment Immigration System

If you invest in a principal-guaranteed interest-free fund determined by the Minister of Justice, you will be granted a residence (F-2) visa to the investor and their family and, if the investment status is maintained for 5 years, change to permanent residence (F-5) status and continue to stay in Korea can.

∗ Benefits of F-2 Visa for Public Works Investment Visa

  1. free entry and exit
  2. free real estate transaction
  3. business
  4. employment
  5. study
  6. Spouses and unmarried children are also eligible for F-2 status
  7. Even if you do not have to reside in Korea, you can maintain your visa status by re-entering once per year.

Types of Investment Visa for Public Works

1. General investment immigration

  1. Investment amount: 500 million won or more
  2. Resident (F-2 visa) status is granted when depositing more than 500 million won in public service investment immigration fund, and permanent residency (F-5) status is granted when investment status is maintained for 5 years

2. Retirement Investment Immigration

  1. Investment amount of 300 million won or more, 55 years old or older
  2. Resident (F-2 visa) status is granted when depositing more than 300 million won in public service investment immigration fund, and permanent resident status (F-5) status is granted when investment status is maintained for 5 years
  3. When acquiring the residence (F-2) status of residence other than the investment, you must prove that you and your spouse have 300 million won or more in domestic or overseas assets. It must be more than 3 billion won.

3. High-investment conditional permanent residency immigration

  1. Investment amount: KRW 1.5 billion
  2. It is the fastest way to obtain permanent residence in Korea, and you can obtain permanent residence within one month.
  3. If you deposit 1.5 billion won in the public service investment immigration fund (principal guaranteed, interest-free), you can immediately receive permanent residency. However, you must sign a pledge to maintain the investment status for 5 years.
  4. You can acquire a permanent residence card immediately upon investment, and the permit period is also possible within 2 weeks from the date of receipt of the change of status.
  5. The principal is safely guaranteed, and the investment can be recovered at any time (however, F-2 qualification is lost when the investment is recovered)
  6. Not only the investor himself but also his spouse, minor children, and unmarried adult children are granted permanent residency status.

Investor Visa Procedures for Public Works

Pre-screening (Immigration Office)

⇒ Opening an account in the foreigner’s name and remittance of investment (Woori Bank)

⇒ Foreigners entering Korea
⇒ Confirmation of completion of investment remittance and change of residence (F-2) status
⇒ Change of permanent residence (F-5) status after 5 years of investment maintenance
⇒ Apply for investment recovery after changing permanent residence (F-5) status

Comparison between D-8 business investment visa and F-2 public investment visa

If you have the funds, we recommend that you do business with a leisurely pace after obtaining an F-2 visa through public investment and experiencing Korean culture and systems rather than applying for a D-8 business investment visa. In the case of a D-8 visa, it may be difficult to extend the visa if the business performance is poor or absent, but there are no restrictions when doing business with the F-2 visa for public utility investment. In addition, there is no need to establish a corporation, and you can start a business by just registering as a business, so you can save a lot of expenses such as taxes for incorporation.

Other investment visas

  1. Corporate Investment Immigration (Startup)
  2. Immigration for large-scale corporate investment
  3. real estate investment immigration,

Leave Comments

error: Content is protected !!