Investment Visa Overview

South Korea Residency & Citizenship options

South Korea has a territorial taxation system, which taxes residents on their worldwide income. South Korea also has a double taxation agreement with over 70 countries, which means that residents can benefit from lower taxation on their foreign income. In addition, South Korea has a number of free trade agreements, which gives residents access to preferential tariffs and other benefits. From an economic perspective, South Korea is a developed country with a strong economy. South Korea is a member of the OECD and the G20, and its per capita GDP is the 11th highest in the world. There are a couple of mobility pathways to South Korea worth considering.

Program 1
  • Name
    Incorporate Enterprise
  • Description

    For applicants that intend to work for a company with foreign investment in compliance with the Foreign Investment Promotion Act (for only those dispatched to ROK)

  • Requirements

    The goal of the investment must be a Korean firm (including the ones that are in the midst of establishment process) and the minimum investment amount is 100 million KRW. The applicant must either own at least 10 percent of the total capital stocks of the company in addition to the voting right or sign a contract of dispatching and appointing executives by having some stock shares.

  • Validity
    2 years
  • Investment Type
    Active
  • Avg. Processing Time
    3 months
  • Investment Amount
    100 million KRW
  • Avg. Agent Fee
    N/A
  • Physical Presence Requirement
    181 days of the year
  • Can family be included?
    Yes
Program 2
  • Name
    Investor - Real Estate
  • Description

    Real Estate Purchase in one of the Following Areas: Pyeongchang Gangwon-do, Incheon Free Economic Zone, Jeju-do, Yeosu Jeollanam-do, Busan, Paju Gyeonggi-do.

  • Requirements

    Resort condominium business in accordance with Article 3 (1) 2 (b) of the Tourism Promotion Act and Subparagraph 15 (b) of Attached Table 1 of the Enforcement Decree of the Building Act; Accomodations business in Subparagraph 15 (a) of Attached Table 1 of the Enforcement Decree of the Building Act; Villa business in accordance with Article 28 of the Enforcement Decree of the Local Tax Act, in Article 168 (3) of the Enforcement Decree of the Income Tax Act, and Real estate facilities owned by immigrant investors cannot be rented, mortgaged, confiscated, or exchanged.

  • Validity
    2 years
  • Investment Type
    Active
  • Processing Time
    3 months
  • Investment Amount
    500,000,000 KRW
  • Avg. Agent Fee
    N/A
  • Physical Presence Requirement
    181 days of the year
  • Can family be included?
    Yes
Program 3
  • Name
    Public Business - Guaranted Investment
  • Description

    The Korea Finance Corporation, which was founded by the Korean government and is currently tasked by the Ministry of Justice, has created and managed the public fund into which foreign investors have invested more than the required amount. The Korea Finance Corporation then lends the funds at cheap interest rates to smaller enterprises.

  • Requirements

    A retiree older than 55 is obliged to contribute more than 300 million Korean Won.

  • Validity
    2 years
  • Investment Type
    Passive
  • Processing Time
    3 months
  • Investment Amount
    300,000,000 KRW
  • Avg. Agent fee
    300,000,000 KRW
  • Physical Presence Requirement
    181 days of the year
  • Can family be included?
    Yes
Program 4
  • Name
    Tech and Business Start-up
  • Description

    The applicant should have a bachelor's degree or higher academic degree, or be a founder of a corporation or possess intellectual property rights, technical expertise, or the equivalent.

  • Requirements

    Background and expertise in order to qualify for the visa.

  • Validity
    1 year
  • Investment Type
    Active
  • Processing Time
    3 months
  • Investment Amount
    No minimum
  • Avg. Agent Fee
    N/A
  • Physical Presence Requirement
    181 days of the year
  • Can Family be included?
    Yes
Official Government Website
Mobility Options
Passport Overview

According to the SovSpot Passport Ranking Index, the South Korean passport is now ranked second. It allows citizens of 195 nations to travel without a visa. As a result, it is regarded as one of the world's most desirable passports, having a very high mobility score. Visa-free travel and visas on arrival are available to South Korean passport holders in countries such as Brazil, the European Union, the United Kingdom, the United Arab Emirates, and the United States. South Korean passport holders, on the other hand, need a visa to visit around 34 countries around the world. Ghana, Cuba, and China are among the countries that require a visa.

Passport Rank

2

Visa Free Countries

195

Mobility Stats
  • Dual Citizenship Allowed?
    Yes
  • Visa Free Destinations
    140
  • Visa on Arrival
    45
  • Visa Online
    10
  • Visa Required
    4
  • Visa Free Access
    Schengen, USA, UK, Canada, Japan, Russia
  • World Surface Area Reachable
    75%
  • Unesco Heritage Sites Access
    68%
Passport Ranking Factors

South Korea Passport Visa Free Countries

The number of countries South Korean passport holders can enter without a visa (i.e. visa-free countries) is added to the number of countries South Korean passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization (i.e. visa-on-arrival countries) (eTA). There are now 140 visa-free countries for South Korean passport holders, 45 visa-on-arrival countries for South Korean passport holders, and 10 eTA destinations. South Korean passport holders can access a total of 195 countries without a visa, via a visa on arrival, or using an eTA. As a result, the South Korean passport is ranked number two in the world. Apart from these visa-free and visa-on-arrival countries, there are 34 more countries where South Korean passport holders will need a physical visa or an eVisa (i.e. visa required countries).

Citizenship by Descent - Details
  • CBD Available?
    No
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