D : Non-Professional

• D-8 : Investment
  • D-8-3 : Invest in a personal company
  • Invest in a personal company
    
    Essential professional personnel who intend to engage in management, administration, production, or technology fields of a company managed by a Korean citizen (individual) who is a foreign investment company in Korea are eligible for this visa. The requirements include: the investment target must be a company managed by a Korean citizen (individual), the investment amount must be 100% or more of the total capital contribution of a company with an investment of KRW 100 million or more and must be registered as a joint representative with a Korean citizen in the business registration certificate, and the business funds of the joint venture must be at least KRW 100 million.
    Required documents include: application form, passport and alien registration card (for the applicant), one photo, a copy of the business registration certificate showing the joint venture partner and the original joint venture agreement, a copy of the foreign investment company registration certificate, evidence of business funds for joint venture partners (proof of use), a dispatch order (specifying the dispatch period) and a certificate of employment for those engaged in local activities, evidence of investment funds (foreign exchange export permit from the relevant country's customs or home country bank, remittance confirmation, foreign exchange purchase certificate, customs declaration), proof of business performance (export/import performance), proof of residence (lease agreement for real estate), etc. However, investors with investment amounts of less than KRW 300 million must also submit proof of the existence of a business location (office lease agreement, photos of the office space, signboard, etc.) and proof of the use of capital (receipts for purchasing goods, interior decoration costs, domestic bank account statements, etc.).