MigrantIQ

South Korea flagBusiness / Self-employed / Investor Long-stay Visa

Category: Business · Processing time: 3–9 months (business approval + visa)

Editorially reviewedLast updated 2026-05-29Reviewed by MigrantIQ Editorial TeamOfficial visa portal
3 min readCommunity feedback: open

Apply through official authority

Korea Immigration Service (HiKorea)

Always submit applications through the official source. Last verified 2026-05-06.

Apply on official site →

Visa type

Business

Processing time

3–9 months (business approval + visa)

Fees

GovernmentFee: Confirm on official portal

Validity

Confirm on official source

Stay duration

Confirm on official source

Entry type

Confirm single/multiple entry rules

Insurance

Confirm if required

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Overview

Long-stay permit for entrepreneurs starting a business, self-employed professionals, and investors meeting capital or job-creation thresholds.

  • Leads to permanent residency: Yes
  • Requires job offer: No
  • Language required: No
  • Minimum education: Not specified

Estimated Costs

  • - GovernmentFee: Confirm on official portal
  • - CapitalThreshold: Many countries require minimum investment or assets
  • - BusinessRegistration: Local company registration and tax fees

Required Documents

  • - Detailed business plan
  • - Proof of capital / investment funds
  • - Source-of-funds documentation
  • - Endorsement / approval letter from authorised body (where required)
  • - Valid passport and biometrics
  • - Police clearance and medical (where required)
  • - Tax records / financial statements (for established businesses)

Application Steps

  1. Confirm which business / investor visa pathway applies to you
  2. Secure endorsement or programme approval where required
  3. Prepare business plan, source-of-funds, and capital evidence
  4. Apply on the official portal and pay government fees
  5. Submit biometrics and supporting documents
  6. Attend interview if required
  7. On approval, register the business locally and meet ongoing reporting

Always confirm the latest steps and forms on the official portal: Korea Immigration Service (HiKorea)

Travel Insurance Requirement

  • Mandatory: Confirm with official source
  • Minimum coverage: Confirm current coverage rules
  • Valid regions: Confirm accepted regions
  • Approved providers: Use providers accepted by the official authority

Embassy, Consulate & Appointments

Embassy, consulate, jurisdiction, and appointment details vary by applicant location. Confirm the correct office before booking travel or paying fees.

Open appointment or official portal →

Browse foreign embassies in South Korea (MigrantIQ directory) →

Directory listings are for planning only — not legal advice. Confirm jurisdiction and appointment rules on the official portal.

Application checklist

Track your Business / Investor Visa preparation

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Benefits & What This Visa Allows

  • - Live in the destination while running your business
  • - Often allows family members to accompany you
  • - Pathway to permanent residency on meeting milestones
  • - Some destinations exempt qualifying applicants from labour-market tests

Trust & safety

Before you pay or submit documents

Use the official portal for applications and payments. Be careful with agents who guarantee approval, ask for personal-account transfers, or pressure you to send originals before a written contract.

Official portal →

Relevant laws

  • Immigration Status and Overstay Rules

    Immigration · Severity: Critical

    Your right to stay in Korea, Rep. depends on the exact visa, residence permit, entry stamp, or visa-free allowance you hold. Do not assume a pending application, job offer, or school admissio

  • Work Authorisation Rules

    Employment · Severity: Critical

    In Korea, Rep., a visa that allows entry does not always allow work. Paid employment, freelancing, remote work, internships, and trial shifts may each have different permission rules.

  • Tax Residency and Income Reporting

    Tax · Severity: High

    Living in Korea, Rep. for long enough, working locally, or registering as a resident may trigger tax-residency or income-reporting duties even if your income is paid from abroad.

Active scam alerts

  • Some agents overcharge newcomers for translations, notarisation, apostilles, or courier services for Korea, Rep., and may produce documents that are not accepted by official authorities.

  • Scammers impersonate airport staff, immigration officers, or travel agents and claim you must pay a special fee to enter Korea, Rep., avoid questioning, release documents, or fast-track borde

  • Fraudsters offer admission, scholarships, or student visa packages for Korea, Rep. through unofficial agents. Victims may receive fake acceptance letters that fail verification during visa pr

  • Scammers advertise fake apartments in Korea, Rep., pressure newcomers to transfer a deposit before viewing, and disappear after sending a fake lease or copied property photos.

Quick Eligibility Check

Use this self-check for Business / Investor Visa. It does not replace official legal assessment.

Result: Likely eligible baseline

Common Rejection Reasons

  • - Incomplete or inconsistent documents
  • - Insufficient financial evidence
  • - Unclear purpose of visit or weak ties to home country
  • - Missing translations, signatures, appointment confirmations, or required forms

Application Tips

  • - Start with the official checklist before paying any third party.
  • - Keep bank statements, employment letters, travel plans, and accommodation details consistent.
  • - Book appointments early and keep copies of every submitted form, receipt, and confirmation.
  • - Do not use agents who guarantee approval or request payment to personal accounts.

Sources & References

Use these references for verification. Official government and appointment portals override summary guidance on MigrantIQ.

  • Korea Immigration Service (HiKorea)

    Official source for forms, appointments, fees, and final requirements.

  • MigrantIQ visa record

    Summary record maintained for planning and source verification.

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Frequently Asked Questions

This visa is designed for applicants matching Business pathway criteria.

Typical processing time is 3–9 months (business approval + visa), subject to documentation quality and application volume.

Start with eligibility evidence, document checklists, and proof of funds before submitting.

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