Moving to South Korea permanently generally involves obtaining an F-5 type visa, which is the permanent residence visa. Here's a breakdown of how you can achieve this:
Pathways to Permanent Residency (F-5 Visa) in South Korea
There are several ways to become eligible for the F-5 visa, allowing you to live in South Korea permanently. Key pathways include:
- Investment: Investing a significant amount of money in the Korean economy.
- Marriage: Marrying a Korean citizen or someone who already holds an F-5 visa.
Investment-Based Permanent Residency
According to existing regulations, one path to obtaining the F-5 visa is through investment. This requires a substantial financial commitment and contribution to the local economy.
- Financial Investment: Invest nearly 600 million KRW (approximately 500,000 USD) or more in a Korean business.
- Job Creation: Hire at least five or more locals within the business.
| Requirement | Detail |
|---|---|
| Investment Amount | Approximately 600 million KRW (500,000 USD) |
| Employment Requirement | Hiring a minimum of 5 Korean citizens |
Marriage-Based Permanent Residency
Another common route involves marrying a South Korean citizen or an individual who already possesses an F-5 permanent residency visa. Specific requirements and processing times may vary, so consulting with immigration services is recommended.
