South Korea•AsiaVaries
50,000 KRW
2 years
Yes
Not Required
Allowed
Available
Allowed
Korean F-2 residency for investors of 500M+ KRW in a state-managed public business fund, with conversion to F-5 PR after 5 years.
The F-2-5 is Korea's Immigrant Investor Scheme for Public Business (IISPB), a Resident status granted by the Ministry of Justice to investors who place funds in a state-managed public business fund operated by the Korea Development Bank. The minimum is 500 million KRW (300 million KRW for retirees aged 55+, who must also hold 300 million KRW in additional assets).
Holders receive F-2 status with free economic activity and can include a spouse and unmarried children. Investors who maintain the position for at least five years can convert to Permanent Resident (F-5). The principal is returned (without interest) after five years; earlier withdrawal requires departure within three months.
This visa is ideal for high-net-worth investors seeking a guaranteed-principal path to Korean permanent residency through a state-backed public fund.
Alien Registration Card | 30,000 KRW |
ARC Application Fee | 20,000 KRW |
| Initial grant | 2 years |
Visas you can typically switch to from this status.
Invest a minimum of 500 million KRW in the Korea Development Bank public business fund (300 million KRW for retiree investors aged 55 or over).
Retiree applicants aged 55+ must also hold an additional 300 million KRW or more in assets at home or abroad.
Maintain the investment for at least 5 years to be eligible to convert to Permanent Resident (F-5) status.
Applicant must not be a criminal, tax delinquent, or repeat violator of the Immigration Act (limited exceptions for cleared overdue taxes).
Education
none or higher
Investment
500,000,000 EUR
Proof of investment
Notification of intended investment
Passport and visa application form
| HiKorea Portal (online application) | Fill online |
| IISPB Information (Korea Immigration Service)Optional | Fill online |
| Application Steps | Contact Seoul Immigration Office (or relevant regional office) to notify the intent to invest in the… | immigration.go.kr |
| Blockers | Investment below the 500 million KRW minimum (300 million KRW for retirees aged 55+); Criminal recor… | immigration.go.kr |
| Dependent Visa | Spouse and unmarried children granted F-2 (Resident) status alongside the principal investor. | immigration.go.kr |
| Forms | HiKorea Portal (online application); IISPB Information (Korea Immigration Service) | immigration.go.kr |
| Investment Amount | 500000000 | immigration.go.kr |
| Investment Currency | KRW | immigration.go.kr |
| Official Code | F-2-5 | immigration.go.kr |
| Pr Pathway | true | immigration.go.kr |
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