South Korea Immigration News
South Korea: immigration policy, education, living, property and more.
New Policy for South Korea Deposit-Based Immigration: Deposit Threshold Triples, Why Are So Many High-Net-Worth Clients Still Applying?
On June 29 of this year, the South Korean Ministry of Justice announced a new investment immigration policy, raising the deposit threshold for the South Korea deposit-based immigration program as follows: 1. F2 residency status: The deposit threshold has increased from 500 million KRW to 1.5 billion KRW; 2. F5 permanent residency status: The deposit threshold has increased from 1.5 billion KRW to 3 billion KRW; 3. The retirement investment immigration system has been abolished, meaning the policy allowing individuals aged 55 and over to apply for investment immigration with a 300 million KRW deposit has been cancelled...
Breaking News! Major Policy Changes in South Korea's Deposit Immigration Program
Breaking News! South Korea's Public Interest Investment Immigration (i.e., South Korea's Deposit Immigration) is undergoing several significant changes: the investment option for individuals over 55 years old, specifically the 300 million KRW deposit option, is being eliminated; the 500 million KRW deposit option is being raised to 1.5 billion KRW; and the 1.5 billion KRW deposit option is being raised to 3 billion KRW.
South Korea Immigration Case Study: A Perfect Balance Between Children's Education Planning and Career Expansion
Ms. K, 45, manages a cosmetics company in China and has one daughter. Considering her child's education, Ms. K had long planned to send her child abroad for studies and intended to obtain an overseas identity as early as possible. At the same time, to facilitate business expansion, she had been following immigration-related information and was quite proactive in this regard. Following professional evaluation and advice from WorldWay, Ms. K ultimately chose...
Changes to South Korea's Real Estate Investment Immigration Program: Act Now for Deposit-Based Immigration
Changes to South Korea's Real Estate Investment Immigration Program: Act Now for Deposit-Based Immigration
South Korea Deposit-Based Immigration: Criminal Record Certificate Requirement Added
Recently, the South Korean immigration authorities announced that effective January 6, 2023, applicants submitting for a South Korean F-2 visa or renewing an F-2 visa must provide the original criminal record certificate along with notarized and double-authenticated documents in Chinese/Korean or Chinese/English.
Why Do So Many Investors Choose South Korea for Immigration? Key Reasons Revealed!
South Korea is no stranger to us. As a neighboring country in close proximity, the shortest distance between South Korea and China is only 190 kilometers, with a time difference of just one hour and flight times of only 1-3 hours from most first-tier cities. With its close proximity, similar culture, and large Chinese population, South Korea can be considered an ideal choice for many investors looking to relocate.
This Ranking Reveals: Why Investors Choose Immigration to South Korea
Recently, in a survey ranking of the 'Best Countries for Retirement,' South Korea ranked the highest among Asian countries, positioned at 17th overall. Aside from Israel in the Middle East at 16th place, South Korea is the only nation from Asia and the Middle East to enter the top 20 of the ranking.