South Korea

Immigrant Investor Scheme for Public Business (IISPB)

South Korea is a peaceful, safe, advanced, and high-income jurisdiction.

The country is atypical among Asian peers for its willingness to grant citizenship to foreigners. The South Korean Investor Visa allows foreigners to obtain permanent residency in the country either immediately (if the higher minimum investment option is chosen) or within five years. Permanent residents of South Korea are eligible to apply for citizenship, for which they qualify if they speak Korean.

South_Korea_on_the_globe_(South_Korea_centered)

Program at a glance

Program TypeGolden Visa Program
Time to citizenship5 to 6 years
Time to permanent residency5 years
Minimum investmentKRW 300m (about US$250,000)
Physical presence requirementVisit South Korea at least once a year
Application processing time20 days
Citizenship grants visa-free travel to190 destinations, including Schengen countries and the US
Contribution types availableFund investment, designated development projects

Want IMI to put you in touch with a trusted specialist for this program?

Talk to a Trusted Program Specialist

As the hub for investment migration professionals, IMI is regularly in touch with program specialists in every corner of the globe.

Tell us a little about your situation and what you need so that we may put you in touch with the right advisors.

Recent stories about this destination

Explore Programs

Direct Citizenship Programs

Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.

Semi-Direct Citizenship Programs

Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.

Independent Means Visas

Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.

Active Investor Visas

Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.

You can't buy investment migration expertise.

But in IMI Club, you can build it faster than anywhere else.


IMI Club members-only benefits:

  • ✓ Unlimited articles
  • ✓ Full access to the IMI Data Center
  • ✓ Full access to our databases
  • ✓ Full access to partner reports
  • ✓ Preferential access to IMI Research Unit reports

  • ✓ Free access to the Market Eligibility Index
  • ✓ Listing of your profile as an IMI Expert
  • ✓ Exclusive interviews
  • ✓ Read IMI on the iPhone and Android apps
  • ✓ Free access to our resume bank

“Thanks to IMI Club, I am never that one guy in the meeting that hasn’t heard about the latest RCBI program price cut or rule change. Getting those regular alerts is simply necessary for me to stay on top of this rapidly-changing market.”

Eric G. Major
CEO, Latitude Residency & Citizenship