F-2 Real Estate Investment Visa
Residence visa through property investment in government-designated areas
Overview
The F-2 Real Estate Investment Visa is issued to foreigners who invest a certain amount or more in real estate (condos, resorts, etc.) in areas designated by the Ministry of Justice (Jeju Island, Gangwon Province, etc.). After maintaining the investment, holders can transition to F-5-17 permanent residency.
Target Applicants
- Foreigners looking to purchase real estate in designated areas in Korea
- Foreigners investing in condos or resorts in Jeju or Gangwon Province
- Foreigners aiming for residence and permanent residency through real estate investment
- Foreigners wishing to own property in Korea for long-term stay
Eligibility
- 1Real estate investment in a government-designated area (typically KRW 500 million / approx. USD 375,000 or more)
- 2Investment property meets Ministry of Justice requirements
- 3Proof of legitimate source of investment funds
- 4No criminal record or entry ban history
Required Documents
- Visa application form
- Passport copy
- Photo (3.5x4.5cm)
- Property purchase contract or property registry
- Investment fund remittance proof
- Property appraisal report
- Bank balance certificate
- Criminal background check
Process
Processing Time: Approximately 3-4 weeks
1
Identify Investment Target
Confirm designated areas and requirements from the Ministry of Justice
2
Property Purchase
Sign contract and complete payment for property in a designated area
3
Registration Complete
Complete property ownership transfer registration
4
Visa Application
Apply for F-2 Real Estate Investment at the immigration office
5
Visa Issuance
F-2 visa issued after review
Important Notes
- •Properties outside designated areas do not qualify for the investment immigration program.
- •Selling the investment property may result in revocation of residence status.
- •After maintaining the investment for 5+ years, you can apply for F-5-17 permanent residency.