The Immigrant Investor Scheme for Public Business (IISPB) grants Resident (F-2) status, which allows free economic activities, to foreigners making a certain amount of investment in compliance with the standard set by the Minister of Justice, and allows changing the status to Permanent Resident (F-5) if the foreign investor maintains the investment for at least 5 years.
Resident (F-2) status, which allows free economic activities, is granted to a foreign investor, the spouse and the unmarried children, and changing the status to Permanent Resident (F-5) is allowed if the foreign investor maintains the investment for at least 5 years.
Besides the investment, a retiree investor and the spouse should have assets of 300 million KRW or more at home and abroad.
5 Eligibility Requirements
5 Document Required
Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.
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