F-2-99 — Long-term Resident Visa (Points-based/Duration)

South Korea•Asia

Open

F-2-99 — Long-term Resident Visa (Points-based/Duration)

Skilled Migration PR PathwayThis visa can lead to permanent residency, the right to live and work here indefinitely without renewing your visa. Dependents Allowed Remote Work

At a Glance

Processing Time

Varies

Application Fee

50,000 KRW

Stay Duration

Long-term residency

Renewable

Yes

Job Offer

Not Required

Dependents

Allowed

PR Pathway

Available

Remote Work

Allowed

Overview

A residency visa for long-term residents who have lived in Korea for a specified period on eligible visas.

The F-2-99 visa is a points-based residency status for individuals who have already established a significant presence in South Korea. It rewards long-term residents who meet specific financial, language, and behavioral standards with greater freedom in their economic activities.

It serves as a primary bridge for those seeking to transition from temporary work or study visas to permanent residency.

Fee Breakdown

Alien Registration Card	30,000 KRW
ARC Application Fee	20,000 KRW

Stay & Extensions

Status type

Tied to program duration

Conversion Paths

Visas you can typically switch to from this status.

South Korea

F-5 — Permanent Residence (F-5)

ValidityIndefinite

Processing2-3 months

View Visa Details

Requirements

ELIGIBILITY REQUIREMENTS

Resided in Korea for at least 5 consecutive years (E-1 to E-7) or 7 years (D-1 to F-3).

Meet income requirements linked to GNI per capita.

Possess assets of at least 30 million KRW.

Demonstrate Korean proficiency (TOPIK level 2 or KIIP completion).

Clean criminal record and no immigration violations.

KEY CRITERIA

Education

none or higher

Experience

5+ years

Min. Income

33,600,000 EUR/yr

Min. Savings

30,000,000 EUR

REQUIRED DOCUMENTS

Proof of income

Proof of assets (30 million KRW+)

TOPIK certificate or KIIP completion certificate

Criminal record check

Advantages & Considerations

Key Benefits

Broad economic activity authorization
Long-term residency stability
Stepping stone to F-5 Permanent Residency

Worth Knowing

Requires significant prior residency in Korea
Strict financial and language requirements
History of immigration violations
Criminal record
Failure to meet income/asset thresholds

Application Process

Verify eligibility based on residency duration and financial status.

Complete language requirements.

Apply for a change of status at the local Immigration Office via HiKorea.

Application Forms

HiKorea Portal

Fill online

Ready to see if the F-2-99 — Long-term Resident Visa (Points-based/Duration) is your path?

Let's check your eligibility against published requirements. 2 minutes. Free trial.

Check Eligibility