1. Intellectual Property registered in Korea (yes registered in Korea-overseas is not good enough);
2. A Korean company; and a
3. University degree.
We suggest, also, having a business plan. We are not sure how this visa is more beneficial than the D-8 Investment visa. We assume the, only, advantage (since little information exists) is that you do not need the KRW 100,000,000 capitalization (Foreign-capital invested company).
We will update the reader when more information is known.
Other articles that may be of interest:
- Visa for Investors in Korea
- Korean Investor Visas for Foreigners
- Sean Hayes Quoted by Korean Times on D-8 Investment Visa
Sean Hayes is co-chair of the Korea Practice Team at IPG Legal. He is the first non-Korean attorney to have worked for the Korean court system (Constitutional Court of Korea) and one of the first non-Koreans to be a regular member of a Korean law faculty. He assists clients in their contentious, non-contentious and business developments needs in Korea and China. He has, recently, been ranked as one of only two non-Korean attorneys as a Top Attorney working in Korea by AsiaLaw.
- Minimum Capital Requirements for Setting Up a Corporation in Korea
- South Korea Offers a Variety of Business Visas for those Wishing to Conduct Business in Korea
- Tips for Start-up Success in Korea: Korean Business Basics
- Korean Act on Special Cases Concerning the Establishment and Operation of Internet Banks
- What are the Administrative Hurdles for Foreign Entrepreneurs to Start a Business in Korea?
- Amendment to the Korean Foreign Investment Promotion Act 2019 – Investment Incentives in Korea
- Starting a Company in Korea: Establishing a Foreign Capital-Invested Korean Company, Branch or Liaison Office
- Korea to Allow Visas for Foreign Restaurant Workers: Korean E-9 Visa Updates
- Company Car Expense Deductions in Korea: Korean Tax Law Updates
- How to Invest in Korean Free Economic Zones (KFEZs): Korean Market Entry