Immigrant Investor Scheme for Public Business (IISPB)
South Korea
Last updated: December 29, 2025
1 to 3 years (renewable)
$95-100
2-4 weeks
Low
About this Visa
This is South Korea's 'Golden Visa.' You lend money to the government for 5 years to get residency. The government returns your full money after 5 years, but pays no interest. It is designed for wealthy individuals who want to live in Korea without a job offer. You do not need to speak Korean or have specific work experience. You can bring your family and live freely.
Key Benefits
- Live, work, and study anywhere in Korea without restrictions
- Bring your spouse and unmarried children
- No Korean language test is required
- Access National Health Insurance after 6 months
- Get your full investment back after 5 years
- Upgrade to permanent residency easily
Eligibility & Requirements
Eligibility Criteria
- Must be 18 years or older
- Must have a clean criminal record (no felonies)
- Must prove the money is legally yours
- Must pass a basic medical check
- No specific education or job experience needed
Financial Requirement
Deposit $1.02 million USD (Standard) or $2.04 million USD (Immediate Permanent Residency).
Documents
- Valid PassportOriginal and copy
- Proof of Funds TransferBank wire receipt showing investment deposit
- Criminal Record CheckGovernment-certified and Apostilled
- Family Relations CertificateMarriage and birth records, Apostilled and translated
- Tuberculosis TestRequired for citizens of high-risk countries
Disclaimer: The information on this page is for general informational purposes only and does not constitute legal or immigration advice. Visa requirements, fees, and processes change frequently. Please verify all information with official government sources and consult a qualified immigration attorney before making decisions.