31 Oct 2026 · Vietnam VI

Citizenship · Capital · Global Mobility

The Legation Times

Business Investment (D-8) / Permanent Residence (F-5)

South Korea Investor Visa

Open verified 2026-09-25 · immigration.go.kr

South Korea grants the business investment (D-8) visa to foreign investors who establish and run a foreign-invested company with capital of one hundred million won or more, and to essential experts that investor sends. A D-8 holder has four routes to permanent residence (F-5), the high-amount investor route requiring USD 500,000 or more and the hiring of five Korean nationals, and according to Prosperous Intelligence the South Korean passport, issued to citizens rather than to holders of this visa, reaches 204 destinations without applying for a consular visa in advance.

Programme overview

  • Official programme name: Business Investment (D-8) / Permanent Residence (F-5)
  • Website: immigration.go.kr
  • Regulator: Korea Immigration Service

Minimum capital threshold

The threshold for the D-8 business investment route is one hundred million won or more, and the guide places it exactly where it is easiest to misread.

That sum is the capital of the foreign investor who has established and operates a foreign-invested company in Korea. The D-8 visa itself is issued to the indispensable professional specialists dispatched by that investor, by the overseas parent company, or by an overseas branch or office of the foreign-invested company.

The guide defines such specialists narrowly: executives who primarily direct organisational management, exercise extensive decision-making authority and receive only general command and supervision from the board and shareholders; or engineers with highly professional experience and knowledge dispatched for technical support.

A second tier of thresholds runs alongside and must be kept distinct, because it is not a condition of eligibility but a condition of privilege.

The immigration priority card is issued to those managing the overseas headquarters or Asian regional headquarters of a foreign-invested company, with the investment amount measured on a notification basis and set by sector.

The sector thresholds are manufacturing from USD 15 million, finance and insurance from USD 50 million, retail and wholesale together with logistics and warehousing from USD 5 million, research and development from USD 2 million, and all other sectors from USD 10 million.

The renewal condition closes the gap between promise and money: the arrived investment must be at least half of the notified amount.

What is granted is the business investment (D-8) visa, and what matters more than its name is where it leads: the authority's guide sets out four different routes from D-8 to permanent residence (F-5), not one, and collapsing them loses precisely the most advantageous of them.

The general permanent resident route requires residence in Korea for more than five years on any of the statuses D-7 to D-10, E-1 to E-7 or F-2 — that is, not an investor route at all, and it still carries the basic knowledge requirement, met by completing level 5 or higher of the Social Integration Program.

The two routes reserved for investors are shorter and are exempt from that basic knowledge requirement, in exchange for a condition on employment.

The tech start-up investor route: residence for more than three years on D-8 status, an investment of 300 million won or more, and the employment of two or more Korean nationals.

The high-amount investor route: an investment of USD 500,000 or more and the hiring of five or more Korean nationals.

The fourth route goes through Resident (F-2) first: a person who has invested more than USD 500,000 and stayed more than three years on D-8, or who has invested more than USD 300,000 and employed two or more Korean nationals, changes to F-2 and only then to F-5.

Put plainly for anyone planning: holding the capital longer is not the fastest way through; hiring Korean nationals is what shortens the road.

Published processing time

The guide publishes no adjudication period for the visa itself, and what it publishes instead is of more practical use: three in-country procedures are processed on the same day for D-8 holders — change of status of stay, foreign resident registration, and extension of the period of stay.

The same package of favourable treatment includes a dedicated immigration fast track and exemption from the processing fees on a series of procedures.

Three mandatory deadlines the holder must watch, because overrunning them is a breach rather than a delay: foreign resident registration or the report of a domestic place of stay must be completed within ninety days of the date of entry, for every long-term stay and for permanent residence.

A report of change of place of stay within fifteen days of moving in; and a change of place of employment must be reported to, or permitted by, the jurisdictional immigration office in advance or within a set period after the change.

As to the route of the file, the visa is issued by the head of the diplomatic mission under authority delegated by the Minister of Justice; where that authority has not been delegated for a visa type, approval must be requested from the Ministry of Justice, and that is where the time can stretch without the guide putting a number on it.

One baseline classification to keep in mind while reading all of the above: short-term stay runs up to ninety days, long-term stay is ninety-one days or longer, and permanent residence has no limit of period.

Physical residence requirement

The residence conditions of this route attach to a legal entity rather than to a person, and that is the root difference from the real estate investment route.

The Business Investment (D-8) visa is issued to a foreign investor who has set up and runs a foreign-invested company in Korea with an investment of one hundred million won or more.

It is equally issued to indispensable professional specialists sent by that investor, by the overseas parent company, or by a branch or office abroad of the foreign-invested company established in Korea.

The status therefore lives and dies with the business: while the investment stands the status stands, and if the company ceases to operate the basis of the status goes with it.

On the administrative duties that come with residing, a D-8 holder falls within the foreign resident registration system, and the guide devotes a section to the registration process for foreign investors and their family members.

In exchange, the authority gives this route a lane of its own: a D-8 holder may use the exclusive immigration fast track, and the guide also describes an Immigration Priority Card issued to those managing the regional or global headquarters of a foreign-invested company meeting certain standards.

Dependants admitted

The family of a D-8 holder travels on two statuses rather than one, and reading only one of them leads to a wrong conclusion about who may come.

The spouse and underage children travel on the dependent family (F-3) status — precisely the route from which the real estate investment category is excluded, since F-3 is open to holders of the statuses running from Arts and Culture (D-1) to Special Occupation (E-7), and D-8 sits within that range.

Two limits of F-3 shape the whole family plan: its period is during accompanying, hanging on the principal's status rather than carrying a term of its own; and F-3 does not permit work, so a spouse who wants a job must change to another status.

Parents do not travel on F-3, but they can come: the guide opens the Family Visitor (F-1) status to parents, including the parents of the spouse, for holders of D-7 to D-9 whose annual income is more than twice the previous year's GNI.

For a person who obtained a bachelor's degree or higher from a Korean university before changing into that status, the requirement is eased to income at the GNI level.

That income test follows the principal all the way up the ladder: it is repeated in the same terms once they have moved to Resident (F-2), and again once they have reached Permanent Resident (F-5).

One thing about F-1 must be known before planning around it: the holder of that status cannot in principle change status within Korea, but must apply for a visa at a diplomatic mission abroad, a process which can be shortened by first obtaining a confirmation of visa issuance from the immigration office inside Korea.

There is one promotion at the top of the ladder: once the principal reaches Permanent Resident (F-5), the spouse and underage children leave F-3 and may be invited onto Resident (F-2). Children of foreign investors born in Korea have a separate provision for the granting of status of stay.

Visa-free destinations

The status this programme grants, whether a visa or a residence permit, does not replace the holder's passport. The holder still travels on the passport of their own country, so the figure below belongs to the South Korea passport and becomes the holder's only once they are issued a South Korea passport.

According to the Passport Index of Prosperous Intelligence, on data dated 30 September 2026, the South Korea passport reaches 204 destinations without applying for a consular visa in advance. The figure combines three forms of entry and does not count an e-Visa that must be obtained beforehand:

Form of entryDestinations
Visa-free167
Visa on arrival27
Electronic travel authorisation (eTA)10
Total, the Passport Index figure204
e-Visa obtained in advance, not counted30

It is therefore a measure of how easily the holder travels, not a count of visa-free countries in the narrow sense.

For comparison, on the same source and the same method of counting, the Vietnamese passport reaches 44 destinations. The two lists of destinations do not nest inside one another, so the difference is an indication rather than a list of places newly opened.

Prosperous Intelligence dates its data and advises checking with the destination’s official authorities before travelling.

Tax obligations arising

The programme establishes no tax regime of its own, but unlike the real estate route the immigration authority here does touch tax paperwork — and what can be measured sits in the list of documents.

On the Korean government service page for extending the period of stay, the list of documents the authority verifies on the applicant's behalf includes the national tax payment certificate, and that entry applies to exactly four work-based residence categories:

Intra-Company Transferee (D-7), business investment (D-8), International Trade (D-9) and Special Occupation (E-7).

A D-8 holder's national tax standing is therefore checked by the authority during an extension, even though the applicant does not carry the certificate in themselves.

Set beside the Resident (F-2) real estate investment category, where the same entry records that no documents are registered, the difference is plain and measurable rather than inferred.

One limit of this cell must be stated: Korea's rules for determining tax residence have not been verified in full at the national law portal law.go.kr, and the corporate income tax obligations of the foreign-invested entity itself fall outside this measurement.

Mandatory costs beyond the investment

The striking item is not a figure but a waiver. Article 74(1)(3) of the Enforcement Rules of the Immigration Act exempts from fees any person holding status of stay No. 11, Corporate Investment (D-8) — placed in the same single provision as the diplomatic statuses, No. 1 Diplomacy (A-1) through No. 3 Agreement (A-3).

The scope must be read exactly: the waiver runs to a person who already holds that status, so it does not reach the visa application screening fee paid at a mission abroad, when the applicant holds no status yet.

That charge sits in Article 71 and is set in US dollars:

VisaScreening fee (USD)
Single-entry visa, stay of 91 days or more60
Multiple-entry visa, no limit on entries90
Single entry, up to 90 days40
Multiple entry, capped at two70

Missions collect in local currency at a base rate they set with exchange-rate movement in mind, and where a country has two or more missions the Ambassador fixes it; departing from these amounts on grounds of international practice or reciprocity requires the Minister of Justice's approval.

The waiver's worth is measured by what everyone else pays under Article 72, in won:

OperationFee (won)
Change of status of stay100,000
Change of status to permanent residence (F-5)200,000
Extension of the period of stay60,000
Issue and reissue of the alien registration card35,000
Change or addition of workplace120,000
Re-entry permit, single entry30,000
Re-entry permit, multiple entry50,000

Investment options

Option Threshold Type Status
Capital transferred from abroad to establish and run a legal entity, D-8 visa 100,000,000 KRW Business Open

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