Recently, the South Korean Ministry of Justice announced that it would extend the duration of the Real Estate Investment Immigration System by three years and increase the required investment amount from 500 million KRW to 1 billion KRW. At the same time, the "Real Estate Investment Immigration System" has been renamed the "Tourism and Recreation Facility Investment Immigration System."
Immigration policies change in an instant; the advice to act early is not just empty words. While the investment amount for South Korea's real estate investment immigration has increased, there is currently no notice of changes to the deposit-based immigration program. However, there have been rumors that the deposit amount might double, so we strongly advise those interested in immigrating to South Korea to act as soon as possible.
The South Korean deposit-based immigration program, officially known as the Public Business Investment Immigration System, 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 residency visa. After meeting the corresponding conditions, they can apply for permanent residency (F-5 visa) and citizenship in South Korea. 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 over, a deposit of 300 million KRW (approximately 1.5 million RMB) is required, along with proof of assets exceeding 300 million KRW held domestically or abroad. This grants an F-2 residency visa, with the deposit returned after five years and eligibility for permanent residency (F-5 visa).
2. 500 million KRW investment: For investors under the age of 55, a deposit of 500 million KRW (approximately 2.5 million RMB) is required to obtain an F-2 residency visa, with the deposit returned after five years and eligibility for permanent residency (F-5 visa).
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. The status is permanently retained after withdrawing the funds after five years.
Advantages of the South Korean Deposit-Based Immigration Program
1. Principal protection: The government guarantees the return of the principal after five years of investment.
2. Low investment threshold: Deposits start from approximately 1.5 million RMB, allowing the whole family to obtain status.
3. Simple requirements: No requirements for source of funds, residency, education, or language proficiency.
4. Fast approval: Short application cycle, with approval typically granted in about 2-3 months.
5. No immigration jail: Maintaining status is simple, requiring only one entry into the country per year.
6. Easy permanent residency: After the 5-year investment period, it is easy to transition to permanent residency status.
7. Privileged status: Enjoy the freedom to live, work, study, and conduct business in South Korea.
8. Benefits for the whole family: Enjoy free public education, healthcare, elderly care, and other benefits of a developed nation.
For Chinese investors, South Korea is an ideal destination for relocation, being only 190 kilometers from China at its closest point, with a time difference of only one hour, and within a 1-3 hour flight radius of most major Chinese cities. The deposit-based immigration policy launched by the South Korean government, with its simple application procedures, fast approval, and quick acquisition of status, is truly time-saving, worry-free, and convenient, making it an excellent choice for investors looking to immigrate to South Korea quickly!
As a top 500 Asian brand with over 20 years of focus on investment immigration, and an active promoter of European and Commonwealth investment citizenship programs, Worldway Group has helped tens of thousands of families successfully immigrate overseas through investment over the past two decades. We are your best choice for handling South Korean immigration!
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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