REQUIREMENTS | Purchase or possession (registration completed) of leisure staying facilities (condominiums, etc.) worth more than KRW 7million | More than KRW 100million is paid for a down payment and intermediate payment. | Purchase or possession (registration completed) of leisure staying facilities (condominiums, etc.) worth more than KRW 5million | When maintaining the qualification of F-2 Visa more than 5 years with no grounds for disqualification. |
SUBJECT | Investor, accompanying family (parent, spouse, child(ren), parents-in-law) | Investor | Investor
※ Accompanying family of investor (spouse & Minors children) : F-2 Visa, 2 years | Investor
※ Accompanying family can apply only after acquisition of investor’s Permanent Residency Rights |
FEATURES | Non-scheduled visit possible with no foreigner registration | Visa that allows small investors to stay in Korea | Possible to visit on renewal of visa without residence | After issuance Permanent Residency Rights, it is possible to trade real estate or move to other regions in Korea |
APPLICATION DOCUMENTS | •Application form, passport(copy) •Certified copy of real estate registration, Real estate trade contract •Certificate of purchased foreign currency •Family relation certificate | •Application form, passport(copy) •Real estate trade contract •Certificate of purchased foreign currency •Family relation certificate | •Application form, passport(copy) •Certified copy of real estate registration, Real estate trade contract •Certificate of purchased foreign currency •Family relation certificate | •Application form, passport(copy) •Certificate of alien registration •Certified copy of real estate registration |
REMARKS | No need of F-2 Visa or Permanent Residency Rights | Guarantee investor’s visit before registration of real estate | Possible application for Permanent Residency Rights after keeping the investment for 5 years | When application is denied, extention is possible with F-2 Visa |
