South Korea Tourism Facility Investment vs UK Innovator Founder Visa
Residency program comparison: South Korea and United Kingdom. Income, fees, tax, duration, work rights and pathways.
Overview
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| Country | South Korea | United Kingdom |
| Program type | Golden visa | Startup |
| Status | Active | Active |
At a glance
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|---|---|---|
| Initial duration | 60 mo | 36 mo |
| Monthly income | — | — |
| Application fee | $74 | $1,795 |
| Tax regime | Remittance | Worldwide |
| Renewable | Yes | Yes |
Financial requirements
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|---|---|---|
| Savings requirement | — | $1,680 |
| Application fee | $74 | $1,795 |
| Dependent fee | — | $1,795 |
Duration and renewal
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|---|---|---|
| Initial duration | 60 months | 36 months |
| Renewal duration | 60 months | 36 months |
| Renewable | Yes | Yes |
Tax regime
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|---|---|---|
| Tax regime | Remittance | Worldwide |
| Tax regime name | Foreign resident, first five years | 2026-27 main rates 20%, 40% and 45% |
| Regime duration | 5 yrs | — |
| Foreign income taxed | Yes | Yes |
| Capital gains taxed | Yes | Yes |
Work rights
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| Employed work | Yes | Yes |
| Self-employed work | Yes | Yes |
| Own business | Yes | Yes |
| Work permit included | Yes | Yes |
Requirements
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| Criminal record check | Required | Not required |
| Health check | Not required | Not required |
| Degree | Not required | Not required |
| Professional experience | Not required | Not required |
| Language (for citizenship) | Required | Required |
| Endorsement | Not required | Required |
Family and dependents
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| Dependents allowed | Yes | Yes |
| Spouse included | Yes | Yes |
| Maximum child age | — | 18 |
| Dependent parents | No | No |
Pathways
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| Path to permanent residency | Yes(5 yrs) | Yes(3 yrs) |
| Path to citizenship | Yes(5 yrs) | Yes(5 yrs) |
| Grants direct citizenship | No | No |
| Dual citizenship allowed | No | Yes |
Benefits
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| Schengen access | No | No |
| Open a bank account | Yes | Yes |
| Buy property | Yes | Yes |
| Public healthcare access | Yes | Yes |
| Health insurance | Required | Not required |
Application
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|---|---|---|
| Method | In country | Online |
| Processing time | — | 21–56 days |
| Apply from abroad | No | Yes |
| Local representative | Not required | Not required |