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.
DURATION
24 Month(s)
CITIZENSHIP
84 Month(s)
FEES
115
P. RESIDENCY
60 Month(s)
COMPLEXITY
Very Low
5 Eligibility Requirements for Risk Based Investment Visa
5 Document Required for Risk Based Investment Visa
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