F-5-21 F-5-22 F-5-23 Residency visa

object

○ A person who is recognized by the Minister of Justice and his or her spouse and children who need to continue to live in the Republic of Korea as a person who has remained in the investment state for at least five years after receiving the status of public service investor (retirement immigrant) and a spouse and unmarried child. Only children who meet the requirements of the Minister of Justice)

F-5-21 F-5-22 F-5-23 Residency visa

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Requirements

1) Public Investor General Investor [F-5-21]

○ At the date of application, the applicant must maintain the investment for at least five years as a utility-invested residence (F-2) (※ focus on ‘maintaining investment’, not ‘stay’ for more than five years).

* In the case of reacquisition of the same residence (F-2) status after complete departure (expiration of alien registration), the period of stay before departure and the period of retention after reacquisition are recognized

○ Recognition is required even if the sum of the investment in the real estate investment immigrant system and the total investment in the public service investment immigrant system (transitional investment) is 5 years or more (however, the investment period of the public utility business must be 2 years or more).

○ Maintain investment status for five years * without recovering the investment threshold

* Regardless of whether the principal is lost as a result of operating the investment fund, the investment is considered to be maintained unless the investor recovers the base amount.

2) Public interest retirement immigrant investor [F-5-23]

○ At the date of application, you will continue to invest in retirement immigration investment status (F-2) for at least 5 years (※ focus on ‘maintaining investment’ rather than ‘stay’ for more than 5 years).

* In the case of reacquisition of the same residence (F-2) status after complete departure (expiration of alien registration), the period of stay before departure and the period of retention after reacquisition are recognized

○ In addition to investments, domestic holdings such as real estate of the person or spouse should be over 300 million won

※ Only domestic assets are recognized and foreign assets are excluded.

3) Spouse or single child of public utility investor (F-5-21) [F-5-22]

○ Person who has been living as a spouse or unmarried child (F-2) of a public utility investor for more than 5 years

○ At the date of application, one of the applicant’s spouses, parents, or mothers must be a permanent resident of F-5-21.

○ Unmarried children must be unmarried at the time of application

4) Spouse or unmarried child of public-funded retired immigrant investor (F-5-23)

○ A person who has lived as a spouse or unmarried child (F-2) of a public retired immigrant investor for more than five years.

○ At the date of application, one of the applicant’s spouses, parents, or parents must be a permanent resident of F-5-21.

○ Unmarried children must be unmarried at the time of application

Required Documents

  • Passport and a copy

  • ARC and a copy ( both sides )

  • Accommodation documents

  • Criminal background check

  • Documents demonstrating that the investment is maintained (issued within 5 days before the date of permanent residence)

  • Retired immigrants must add documents that prove their or their spouse’s domestic assets (300 million won or more)

  • Proof of Family Relations (spouse or single children)

  • Proof of Unmarried (Unmarried Children Only)

Check F-5 visa common documents
Check KIIP program
Check other F-5 visa types
Check F-2-7 visa