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Immigration to South Korea
What are the requirements for immigrating to South Korea? A comprehensive analysis of the essential conditions and procedures for immigrating to South Korea.
Want to immigrate to South Korea but unsure of the requirements? This article provides a detailed analysis of the various conditions, types, and steps involved in immigrating to South Korea, helping you better plan your dream of immigrating to South Korea.
A Detailed Guide to South Korea's Deposit-Based Immigration Visa Policy: Start a New Life in South Korea
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 F-2 residency card. By maintaining this investment for at least 5 years under the F-2 residency status, they will be granted an F-5 permanent residency card...
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...