Eligible Applicants

• A person who desires to engage in the administrative management of a foreign investment company prescribed by the “Foreign Investment Promotion Act.”

  The Foreign Investment Promotion Act-Investment by a Foreigner(Foreign investor promotion law section 2 article 1)

• Possessing stocks or shares of the corporation or the company in question with the purpose of establishing continuous economic relationship with the corporation or the company in concern such as participating in administrative activities of the ROK company or the company operated by an ROK national
• A loan of 5 years or longer where the overseas parent company or the company in a capital investment relationship with the parent company makes the loan to a foreign investment company in concern
• Investment procedure: The foreigner who wishes to invest must report to the head of Korean Trade and Investment Promotion Agency or the head of foreign exchange bank in advance (foreign investor promotion law section 5-8, section 2-5 of the Ministerial Ordinance of same law)
• Foreign investment by obtaining new stocks, etc (section 5 of the same law)
• Foreign investment by obtaining stocks, etc (section 6 of the same law)
• Obtaining stocks, etc due to merger, etc (section 7 of the same law)
• Foreign investment by way of long term loan method (section 8 of the same law)

Required Documents:

Individual Investors

1. Application Form
2. Valid Passport (Original and Copy of biopage)
3. Documents proving the source of funds
4. Business License (copy)
5. Shareholder Registration
6. Foreign-invested company registration certificate
7. Office Lease Agreement
8. Foreign Exchange Purchase Certificate
9. Telegraph
10. Bank Statement
11. Corporate Tax Documents
12. Corporate Entity Documents
13. Power of Attorney

Dispatched Visitors

1. Application Form
2. Valid Passport (Original and Copy)
3. Resume
4. Diploma (Copy)

Overseas Headquarters

1. Business License (Copy)
2. Dispatch Order/Letter of Invitation
3. Proof of Employment: Employment Certificate
4. Reason for Dispatch
5. Headquarter's introduction
6. Financial Documents

Korean Corporation

1. Business License
2. ID of CEO
3. Foreign-invested Company Registration Certificate
4. Office Lease Agreement
5. Foreign exchange purchase certificate
6. Telegraph
7. Bank Statement
8. Corporate Tax Documents
9. Corporate Entity Documents
10. Power of Attorney

Types of D-8 visas

D-8-1: Establishing a Local Corporation: 5 years

D-8-2: Business Venture Visa: 2 years

D-8-3: Unincorporated Enterprise Visa: 5 years

D-8-4: Technology and Business Startup Visa: 2 years