What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?
D-8 is granted for 5 years and is extendable. Longer-term: F-2 after investing more than USD 500,000 and staying more than 3 years with D-8 (or USD 300,000 and employing 2 or more Koreans); F-5 as a high-amount investor with USD 500,000 or more and 5 or more Korean employees; tech start-up investors can move to F-5 after more than 3 years with D-8, investing 300 million won or more and employing 2 or more Koreans. D-8 holders cannot file an extension of stay online. The official source does not state what happens to the investment.
See recorded sources
Limits of the record- What happens to the investment on exit is not stated.
- https://www.immigration.go.kr/bbs/immigration_eng/230/454085/download.do
D-8 Essential professional workers of foreign-invested companies under
5 years
(Corporate the Foreign Investment Promotion Act and founders of venture
(Extendable)
Investor) companies
- https://www.immigration.go.kr/bbs/immigration_eng/230/454085/download.do
- (F-2, Long-term Resident with High-amount Investment) ①A foreigner who has
invested more than USD 500,000 and has stayed in Korea for more than 3 years with D-8
status or ② Employees dispatched to a foreign-invested company in Korea under the
Foreign Investment Promotion Act by a foreign corporation which has invested more than
USD 500,000, and have stayed continuously for 3 years or more, or ③ Persons who have
invested more than USD 300,000 and have employed 2 or more Korean nationals
- https://www.immigration.go.kr/bbs/immigration_eng/230/454085/download.do
- (F-5, High-amount Investor) A foreign investor with investment of USD 500,000 or more
who has hired 5 or more Korean nationals
- https://www.immigration.go.kr/bbs/immigration_eng/230/454085/download.do
- (F-5, Tech Start-up Investor) A person who has stayed in Korea for more than 3 years
with Tech Start-up Investor (D-8) status investing 300 million won or more and employing
2 or more Korean nationals
- https://www.immigration.go.kr/bbs/immigration_eng/230/454085/download.do
- Registered foreign residents: Eligible for all visa holders, except for D-3, D-8, E-7, F-2, F-6, G-1, F-1
holders.