F-5-21 Public Interest Investor
Permanent residency through sustained public interest project investment
Overview
F-5-21 is available to foreigners who have invested KRW 500 million (approx. USD 375,000) or more in a government-designated public interest project (government bonds, public funds, etc.) and maintained the investment for 5+ years. This is the pathway transitioning from the F-2 Public Interest Investment visa.
Target Applicants
- Foreigners who have maintained F-2 public interest investment for 5+ years
- Foreigners with KRW 500 million+ invested in a government-designated public interest project
- Investors aiming for permanent residency through stable investment
Eligibility
- 1Public interest project investment of KRW 500 million+ maintained for 5+ years
- 2Legitimate source of investment funds already verified
- 3No criminal record
- 4Basic aptitude requirements met
Required Documents
- Permanent residency application form
- Passport and alien registration card
- Public interest project investment maintenance confirmation
- Investment performance proof
- Criminal background check
- Medical examination certificate
Process
Processing Time: Approximately 3-6 months
1
Eligibility Check
Verify 5+ years of sustained public interest investment
2
Document Preparation
Prepare investment maintenance confirmation and proof
3
PR Application
Apply for F-5-21 at the immigration office
4
Review & Issuance
Permanent residency issued after review
Important Notes
- •Early withdrawal during the 5-year maintenance period will result in loss of status.
- •Maintaining the investment even after obtaining permanent residency is recommended.