🇰🇷 South Korea
South Korea's permanent residency visa allowing indefinite stay with renewal every 10 years. F-5-1 (General) requires 5+ years on E-7 or F-2 visa, annual income double GNI (~₩100 million), KIIP level 5 or permanent residence exam score 60+, and clean criminal record. F-5-2 for Korean spouses with 2+ years on F-6 visa. F-5-5 for investors with $500,000+ investment employing 5+ Korean citizens. F-5-9 for PhD holders in high-tech industries employed by Korean companies. F-5-16 for F-2-7 points-based residents after 3+ years. Benefits include unrestricted employment, access to government services including pensions and healthcare, and no job change restrictions. Must visit Korea once every 2 years to maintain status.
Processing Time
2-3 months
Cost
~$200-300 USD
Duration
Permanent (renew every 10 years)
Work Rights
Unrestricted - any occupation or business
Path to Permanent Residence
Yes
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