South Korea's deposit-based investment immigration, officially known by the Ministry of Justice as the Public Business Investment Immigration Program, refers to investing a specified minimum amount (currently 1.5 billion KRW) into a bank designated by the Ministry of Justice. Upon doing so, the applicant and their accompanying family members are granted an F2 residency card. By maintaining this investment for at least 5 years under the F2 residency status, they will be granted an F5 permanent residency card.
After obtaining F5 permanent residency, you may withdraw your principal investment. The South Korean government does not pay interest but returns the principal. Essentially, the government uses your principal for public welfare for 5 years; your principal remains intact, just without interest. Now you understand why it is officially called the Public Business Investment Immigration Program!
South Korea's deposit-based investment immigration, officially known by the Ministry of Justice as the Public Business Investment Immigration Program, refers to investing a specified minimum amount (currently 1.5 billion KRW) into a bank designated by the Ministry of Justice. Upon doing so, the applicant and their accompanying family members are granted an F2 residency card. By maintaining this investment for at least 5 years under the F2 residency status, they will be granted an F5 permanent residency card.
01. Deposit-Based Immigration System
1. Invest the standard minimum amount or more into an investment project designated by the South Korean Ministry of Justice.
2. Upon investment, you will immediately receive F2 residency status and a residency card (valid for 3 years initially).
3. You may renew for 2 years, and after 5 years, you will be granted permanent residency (Green Card) in the Republic of Korea.
4. Funds are secure; after obtaining F5 status, you can withdraw your principal investment without affecting your residency status.
02. Deposit-Based Immigration Investment Amount Standards
1.5 Billion KRW
Open an account at a South Korean bank and deposit 1.5 billion KRW (approximately 7.95 million RMB) to immediately receive an F2 residency card. After 5 years, you may withdraw the principal and receive an F5 permanent residency card (Green Card).
3.0 Billion KRW
Open an account at a South Korean bank and deposit 3.0 billion KRW (approximately 15.9 million RMB) to obtain an F5 permanent residency card directly in one step. After 5 years, you may withdraw the principal without affecting your permanent residency status.
03. Deposit-Based Immigration Application Procedure
1. Preliminary Review
We accompany the investor to the immigration office in South Korea for a preliminary review before the investment. The immigration office will check whether the investor has a criminal record and meets the immigration standards. If the investor does not have a valid visa to enter South Korea, they must first obtain a short-term visa.
2. Account Opening and Remittance
After passing the review, the investor will apply for a dedicated investment account at a bank designated by the South Korean government. Our company will guide the investor in remitting funds from abroad to South Korea.
Usually, international USD remittances arrive the next day. Once the funds arrive, you will go to the bank to complete the foreign exchange settlement procedures, obtain the relevant certificates, and prepare for the visa application.
3. Issuance and Entry
The investor will go to the South Korean immigration office to apply for an F2 residency card. It is expected to be approved within 10 working days, at which point the card will be issued. After obtaining the status, you can immediately apply for visas for your family members to enter the country and apply for their residency cards.
The investor can enter South Korea first to obtain the F2 status and then apply for their family, or the investor and their family can enter together to apply for F2 residency cards.
Successful Cases of South Korean Deposit-Based Immigration
Client Deposit Certificate
South Korea Investment Immigration
04. Advantages of the South Korean Investment Immigration Program
1. Obtain South Korean permanent residency upon investment; the bank and government provide a principal deposit certificate and guarantee the return of the principal after 5 years.
2. No requirements for the investor's business background, age, education, management experience, or language proficiency; no need to explain the source of funds.
3. No residency requirements; you can travel freely in South Korea, with only one entry required per year.
4. Holders of the F2 residency visa enjoy all local medical and educational benefits in South Korea.
5. By processing the South Korean deposit, you can obtain KRW and USD accounts for free, with no additional costs for account opening.
6. Fast approval process, taking only 12 months in total, with approval possible in as little as 7 days.