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.
The addition of the criminal record certificate requirement signifies a further tightening of the threshold for immigration to South Korea. For investors, the saying that one should immigrate as early as possible is not just empty talk. Investors interested in immigrating to South Korea should seize the opportunity; policies can change at any time, and making plans early and submitting applications promptly is the best strategy.
As one of the world's top ten economies and one of the four developed nations in Asia, South Korea has long been a destination for people to relocate. According to relevant statistics, there are currently 750,000 Chinese nationals in South Korea, accounting for 44% of the foreign population in the country. Regarding retirement, South Korea is the world's second-longest-lived nation with a sound pension system. In terms of healthcare, South Korea possesses advanced medical technology and many well-equipped medical examination centers. Tens of thousands of foreigners travel to South Korea for medical check-ups every year. With a South Korean long-term residence permit, one can join the National Health Insurance of South Korea and enjoy the same treatment as local residents.
Furthermore, South Korea's education level is among the best in the world and is highly recognized by the OECD. Therefore, whether in terms of economic development, personal career growth, children's education, or retirement, South Korea has attracted an increasing number of immigrant investors as a key destination.
For those interested in immigrating to South Korea, the South Korea Deposit-Based Immigration program is an excellent option, featuring simple application procedures, fast approval, and quick acquisition of status, truly saving time, effort, and worry. The South Korea Deposit-Based Immigration program, officially known as the Public Business Investment Immigration Program, was launched in May 2013. Through investment methods designated by the South Korean Ministry of Justice (Government Public Business Investment Immigration Fund), investors can obtain an F-2 residence visa. Upon meeting the corresponding conditions, they can apply for permanent residency (F-5 visa) and citizenship. The program is government-backed, and the principal is returned without interest after five years!
Investment Methods:
1. 300 Million KRW Investment: For investors aged 55 and above, a deposit of 300 million KRW (approximately 1.5 million RMB) is required, along with proof of holding assets worth over 300 million KRW domestically or abroad. This grants an F-2 residence visa, and after 5 years, the deposit is returned, and permanent residency (F-5 visa) is obtained.
2. 500 Million KRW Investment: For investors under 55, a deposit of 500 million KRW (approximately 2.5 million RMB) is required to obtain an F-2 residence visa. After 5 years, permanent residency is obtained, and the deposit is returned.
3. 1.5 Billion KRW Deposit: A deposit of 1.5 billion KRW (approximately 7.5 million RMB) is required. There is no age limit for investors, and they can obtain permanent residency (F-5 visa) in one step. After 5 years, the funds can be withdrawn while the status is permanently retained.
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For more details, please send us a private message in the comments section or call the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798
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Notes: 1. Within the scope permitted by law, the right of final interpretation of this promotional activity belongs to Worldway Group. 2. Investment involves risks, and choices should be made with caution.
Investment involves risks; the above information is for reference only.
