Nomad Watch

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

Overview
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
Country South Korea United Kingdom
Program type Golden visa Startup
Status Active Active

At a glance

At a glance
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
Initial duration 60 mo 36 mo
Monthly income — —
Application fee $74 $1,795
Tax regime Remittance Worldwide
Renewable Yes Yes

Financial requirements

Financial requirements
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
Savings requirement — $1,680
Application fee $74 $1,795
Dependent fee — $1,795

Duration and renewal

Duration and renewal
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
Initial duration 60 months 36 months
Renewal duration 60 months 36 months
Renewable Yes Yes

Tax regime

Tax regime
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
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

Work rights
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
Employed work Yes Yes
Self-employed work Yes Yes
Own business Yes Yes
Work permit included Yes Yes

Requirements

Requirements
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
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

Family and dependents
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
Dependents allowed Yes Yes
Spouse included Yes Yes
Maximum child age — 18
Dependent parents No No

Pathways

Pathways
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
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

Benefits
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
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

Application
KR South Korea Tourism Facility Investment GB UK Innovator Founder Visa
Method In country Online
Processing time — 21–56 days
Apply from abroad No Yes
Local representative Not required Not required
Free views Sign up free