Questions by situation
Each answer starts with the conclusion, then who it applies to, the documents and the timing. Jump here from “Choose your situation” above.
Which Korea D-8 visa fits me: D-8-1, D-8-2 or D-8-3?
It depends on what you invest in and your role. If you invest in an established Korean corporation (foreign-invested company) and work there as an essential professional in management or production/technology, it is D-8-1; if you represent a company with venture confirmation (including pre-venture) or an excellent technology rating, it is D-8-2; if you invest in a business run by a Korean individual and are listed as co-representative, it is D-8-3. Founders using a degree and intellectual property to set up a corporation fall under Technology Startup (D-8-4) instead. Once the sub-code is fixed, we prepare the matching investment, venture or joint-business documents.
Should I set up a Korean corporation or co-invest in a Korean partner's business, and how do D-8-1 and D-8-3 requirements differ?
Both start from an investment of KRW 100 million or more and share a 5-year maximum per grant, but the target and extra conditions differ. D-8-1 requires 10% or more of a Korean corporation's voting shares, or shareholding plus an executive dispatch or appointment contract; D-8-3 requires 10% or more of total contributions in a business run by a Korean national, registration as co-representative with the Korean on the business registration, and the Korean partner's own business funds of KRW 100 million or more. Documents also differ: D-8-1 centres on the corporate register and original shareholder change statement, D-8-3 on the business registration showing joint owners and the original joint-business agreement.
Can I get a D-8-1 visa in Korea with less than 10% of shares if I have an executive dispatch contract?
Possibly. Besides KRW 100 million or more with 10%+ of voting shares, D-8-1 also accepts holding shares in the corporation together with an executive dispatch or appointment contract. If you are being posted by an overseas head office, add the dispatch order stating the period and a certificate of employment. Someone with no shares who is merely registered as an executive falls under Special Occupation (E-7), not D-8, so shareholding is checked first.
For a D-8-3 joint-owner investment, does my Korean partner also need KRW 100 million?
Yes. Besides your own investment of KRW 100 million or more and 10%+ of total contributions, D-8-3 requires the Korean joint business owner's business funds to be KRW 100 million or more. You submit proof of the Korean partner's funds (and their use), a business registration copy showing joint owners and the original joint-business agreement. If the foreign investment is under KRW 300 million, proof of capital use and proof that the business premises exist are added.
If I get a D-8-3 visa through a visa issuance certificate, is the stay only one year?
A D-8-3 visa issued through the certificate is a single-entry visa of 1 year or less, set in view of the investment amount and business type. After entry you register as a foreigner, and later extensions are reviewed within the D-8-3 maximum of 5 years per grant. For extensions, prepare personal tax payment records (or VAT tax base certificates), proof of business performance and proof of business premises. Applicants investing under KRW 300 million with no business experience undergo close review.
Where do I get the venture company confirmation needed for a D-8-2 visa?
Venture or pre-venture confirmation is issued by the Korea Technology Finance Corporation, the Small and Medium Business Corporation or the Korean Venture Capital Association; representatives of companies rated excellent in technology by the Korea Technology Finance Corporation or the Small and Medium Business Corporation also qualify. You prove your technology with the venture (or pre-venture) confirmation plus patent, utility model, design, trademark or copyright registration copies or the technology rating. The D-8-2 maximum per grant is 2 years.
Can I get a D-8-2 visa with pre-venture confirmation before setting up the company?
Yes. Pre-venture companies preparing incorporation or business registration, and companies less than 6 months old, are included in D-8-2. On a consulate visa, however, pre-venture companies get a maximum of 6 months, so plan to complete incorporation and the extension documents (business registration, corporate register and so on) within that time. Submit the pre-venture confirmation with IP registration copies or the technology rating.
Does the D-8-2 venture visa also require a KRW 100 million investment?
D-8-2 is judged not by the amount invested but by whether you represent a venture company built on strong technology such as IP that holds venture (or pre-venture) confirmation or an excellent technology rating. The KRW 100 million and 10% shareholding conditions are written for D-8-1 and D-8-3. Instead, the venture confirmation and technology evidence are key, and the maximum per grant is 2 years—shorter than the 5 years for D-8-1 and D-8-3.
Can a Chinese national apply for the Korea D-8-2 venture visa?
The application route has to be chosen first. Chinese and certain other nationals are excluded from D-8-2 visas issued directly at a consulate head's discretion, so we look at applying for a visa issuance certificate at the competent immigration office in Korea. The certificate requires the application, passport copy, photo, letter stating the reason for invitation, business registration copy, corporate register and proof of industrial property rights or similar technology; D-8-2 is not covered by the Korea–China visa simplification agreement.
Can I act as a venture company representative (D-8-2) while working on a professor or researcher visa?
Yes, with permission for activities outside your status. Registered foreigners holding Professor (E-1), Research (E-3), Technology Transfer (E-4) or Professional (E-5) status who meet the D-8-2 requirements can obtain this permission while keeping their current status, limited to activities related to their own research or work field. Documents follow the D-8-2 visa and change-of-status standards: venture confirmation and technology evidence.
What documents differ between D-8-1, D-8-2 and D-8-3 when changing status in Korea?
All three need the application, passport, photo, business registration copy and proof of residence; the rest depends on the sub-code. D-8-1 centres on the corporate register, original shareholder change statement, investment company registration certificate, proof of investment inflow, proof of business performance and proof of business premises; D-8-2 on the corporate register, venture (or pre-venture) confirmation, IP registration copies or technology rating, office lease and proof of business performance; D-8-3 on the business registration showing joint owners, original joint-business agreement, proof of the Korean partner's funds, investment company registration certificate and proof of investment inflow. For D-8-1 and D-8-3 under KRW 300 million, proof of capital use is added.
Are Korea D-8 visa extension documents different for D-8-1, D-8-2 and D-8-3?
Yes. D-8-1 and D-8-3 submit personal tax payment records (or VAT tax base certificates), proof of business performance, proof of business premises and proof of investment inflow, adding proof of capital use if the investment is under KRW 300 million. D-8-2 attaches proof of business results and a tax payment certificate to the venture confirmation and technology evidence. Processing time varies by office and season.
Key terms
- Sub-code (세부약호)
- A sub-classification within one status of stay; Corporate Investment (D-8) has four, from D-8-1 to D-8-4.
- Corporate investment (D-8-1, 법인에 투자)
- The sub-code for essential professionals in management or production/technology at an established Korean corporation that is a foreign-invested company.
- Venture investment (D-8-2, 벤처 투자)
- The sub-code for representatives of venture companies built on technology such as IP that hold venture confirmation or an excellent technology rating.
- Investment in an individual business (D-8-3, 개인기업에 투자)
- The sub-code for essential professionals who invest in a foreign-invested business run by a Korean individual and are listed as co-representative.
- Essential professional (필수전문인력)
- A person working in management/administration or production/technology at a foreign-invested company; people hired locally in Korea are excluded.
- Pre-venture company (예비벤처기업)
- A venture preparing incorporation or business registration, or less than 6 months old, which falls under D-8-2 once confirmed.
- Excellent technology rating (기술성 우수평가서)
- A rating from the Korea Technology Finance Corporation or the Small and Medium Business Corporation that a company's technology is excellent, accepted for D-8-2 in place of venture confirmation.
- Joint-business agreement (공동사업자약정서)
- The agreement under which a foreign investor and a Korean national run a business together; the original is submitted for D-8-3.
About our office
- Office
- Vision Administrative Office (비전행정사사무소 · VISAS KOREA)
- Principal
- Alex Lee (이원중), licensed administrative agent (행정사)
- Licence
- Administrative agent (행정사) — preparing immigration and residence filings and submitting them on the client’s behalf with written authorization (위임장)
- Scope
- Korean visas (visa issuance certificate, change of status, extension), permanent residency (F-5), foreign-invested company, branch and liaison office setup, immigration violation review and entry-ban response
- Languages
- Korean, English, Chinese, Japanese
- Address
- 3F Sungwoo Bldg, 324 Toegye-ro, Jung-gu, Seoul 04614, Korea
- Hours
- Weekdays 09:30–17:30 (KST)
Who hires us for this
- Foreign investors putting money into a Korean corporation and working as an executive (D-8-1)
- Essential professionals posted by an overseas head office to a Korean investment company
- Investors joining a Korean partner's business as co-representative (D-8-3)
- Startup representatives holding venture confirmation or a technology rating (D-8-2)
- New investors who need to work out which D-8 sub-code applies to them
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