Migrating to South Korea through work
Generally, migration through work (labor migration) is divided into two parts. labor migration by having a job offer and labor migration through job seeker visas. Jobseeker visas are generally for countries around Deutschland (Germany)and South Korea does not have this type of visa. Applicants from South Korea who have been offered a job or have been selected to work in South Korea can apply for several types of South Korean work visas, each with different terms and conditions, including;
E-1 type visa (Master visa)
E-2 type visa (foreign language instructor)
E-3 visa (research)
E-4 type visa (technical guide in natural sciences or advanced technology)
E-5 type visa (special profession – architects, lawyers, doctors, accountants and other professionals)
E-6 type visa (culture and art)
E-7 type visa (special activities announced by the Ministry of Justice)
D-5 (for foreign media correspondents and reporters)
In the Comments section, you can also ask your questions and answer them in a short time.
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migrating to south Korea through education
South Korea has a large number of international students and Seoul the capital of this country is currently among the top 10 student cities in the world. Investment in education and research has made this country the 11th largest economy in the world and the fourth largest economy in Asia. It is this investment and the growth of innovation and technology that has made this country one of the top four Asian economies, along with Hong Kong, Singapore and Taiwan. More than 123,000 international students studied in South Korea in 2017 (more than half of them were Chinese), and the Korean government has set an even higher goal of 200,000 international students by the 2023 in Korea.
For people who want to get the permanent residence in Korea the important thing to know is that it is not possible to get permanent residence just by studying in South Korea. Therefore, students in this country, in order to convert their residence permits from study to work residence permit, must enter the labor market after graduation so that they can find an employer, conclude an employment contract, and be able to convert their study visa (D2) into a work visa. after 3 years of working in this country, it is possible for the applicant to obtain permanent residence.
Investment visa of South Korea
Investing in South Korea is another major way to enter and get a residence permit in South Korea. Investment has many points that we will examine in this section. Applicants for corporate or foreign investor visas may be categorized in three different types. All investor visa options require a minimum investment of 100 million Korean won or 90,000 thousand US dollars. The investor visa in South Korea is called D-8.
All of the ways you can get a D-8 visa are:
The first option
- 1-1 Work in a foreign investment company
the applicant who is considered an essential skilled worker and intends to participate in the management, administration, production or technology section of a foreign or new Korean investment company. by having some shares, sign a contract to send-out and appoint managers. Through this type of investment option, a visa is issued for 5 years.
- 1-2Job creation in the field of technology
Creating high-tech (advanced technology) jobs in South Korea. Using this investment option, a visa is issued for 2 years.
- 1-3 Investing in jobs that are run by a Korean citizen
Applicant who has invested in a company run by a Korean citizen according to the Foreign Investment Promotion Act, and as an essential skilled worker they want to participate in the management of the office, production or technology of the company. This investment must be at least 10% of the total capital of the company and the name of the applicant must be registered as a founder with other CEOs in the job registration certificate. Using this investment option, a visa is issued for 2 years.
Second option
- The Immigrant Investor Scheme for Real Estate
Applicants who invest at least 500 million (US $ 500,000) in real estate can get a permanent residence permit through the Immigrant Investor Scheme for Real Estate (IISRE). compared to the region, the required amount investment is between 500 and 700 million won. At first, an F2 visa will be issued to the applicant. F-5 (permanent residence) visa is granted if the applicant keeps investing for at least 5 years. In this method, the person’s family members also get permanent residence permits.
Third option
- Immigrant investor plan for public trade
IISPB is a government program that gives investors F2 (temporary residence).
This includes two investment options, both of which require a minimum investment of 500 million won ($ 500,000). For retired applicants who are over the age of 55, the minimum investment cost is 300 million won ($ 270,000).
- A Principal Protected Investments
This investment goes to a government fund run by a Korean finance company that gives a loan to (lend) smaller Korean businesses at low interest rates.
- B risk-based investment
This option requires a minimum investment cost of 500 million won, which is invested in a project to develop a less developed area announced by the Department of Justice. Access to permanent residence (F-5 visa) is possible if the investment is maintained for 5 years.
Answers to common questions about investment in Switzerland
✅ Is it possible to immigrate to South Korea through education?
Yes. Studying in Korea is possible for Iranians who have university admission. It is possible to study at universities in 3 levels. Universities in Korea have a high Scientific level and international students from most countries apply to these universities.
✅ Is it possible for Iranians to get a work visa in South Korea?
Generally, it is possible to get a work visa from South Korea, only if you get a job offer from the employers of this country. The process of job application must be checked by the employment agencies and the applicant must send his / her resume to such agencies in order to receive the job offer.
✅How can you get a permanent residence permit through studying in universities of South Korea?
Student residences will not lead to permanent residency and citizenship anywhere. In all countries, students are allowed to work temporarily so that they can work while studying. After graduation, students are also given a time to look for a job related to their degrees and field of study. Therefore, the student can find an employer at this time in order to be able to change the type of their visa.
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