South Korea Tourism Facility Investment

1. Residence permit60 months
2. Renew60 months at a time
3. Permanent residencyafter 5 years
4. Citizenshipafter 5 years

• Permanent residency 5 years
• Citizenship 5 years
• Dual citizenship not allowed
• Language required for citizenship KIIP level 5

Country

South Korea

Program

South Korea Tourism Facility Investment

Local name

관광휴양시설 투자이민

Type

Golden visa

Status

Active

Initial duration

60 months

Renewable

Yes (60 mo)

Residence for a foreigner who invests at least KRW 1 billion in a designated tourism or leisure facility. The investor receives resident status F-2, with free economic activity. Permanent residence is available after the investment has been maintained for five years.

Tax regime

Remittance

Regime name

Foreign resident, first five years

Regime duration

5 years

Foreign income taxed

Yes

Capital gains taxed

Yes

Method

in country

Apply from abroad

No

From 1 May 2023 the Ministry of Justice renamed the old real-estate investor scheme and raised the threshold from KRW 500 million to KRW 1 billion for the five designated regions. The same release extended those regions for three years, which ran to 30 April 2026. The Ministry's stay-policy page still describes the scheme as operating and reports investment results through December 2024. The Dong-A Ilbo of 4 March 2026, citing the Ministry, says a notice of 8 February 2026 extended Jeju, Busan Osiria, Incheon (Yeongjong, Songdo and Cheongna), Gangwon (Pyeongchang and Donghae) and Yeosu (Gyeongdo and Hwayang) through 31 December 2027, at the same KRW 1 billion. The gazette text of that notice was not opened. The visa navigator says the spouse and underage children receive F-2 for the investor's period, and that five years of maintained investment leads to F-5. It also exempts this route from the Social Integration Program test at the permanent-residence stage. That booklet still prints the pre-2023 prices, including KRW 500 million and KRW 700 million by region, so those prices were not used. F-2's category maximum in the same booklet is five years. The stored fee is the KRW 100,000 change-of-status fee, about USD 74 at KRW 1,342.80 per USD on 9 October 2026. General naturalization remains five continuous years of address plus permanent residence.

• Workcation Visa (F-1-D)digital nomad visa

1. Oct 10, 2026

   Added

   added the tourism-facility investor route at KRW 1 billion, F-2 then F-5 after five years. The May 2023 release set the amount. The reported February 2026 notice extends the regions through 31 December 2027 (https://www.moj.go.kr/moj/221/subview.do?enc=Zm5jdDF8QEB8JTJGYmJzJTJGbW9qJTJGMTgyJTJGNTcwMjE0JTJGYXJ0Y2xWaWV3LmRvJTNG).