What are the requirements for obtaining permanent residence in Korea?

Eligibility to apply for Korean permanent residence:

1. Those who have lived in the Republic of Korea for more than five years;

2. Spouses of Korean citizens or permanent residents Spouses and minor children;

3. Investors with an amount of more than 500,000 US dollars;

4. Those who are compatriots abroad who have the residence qualification;

5. Those who have obtained nationality Qualified people;

6. Overseas Chinese in Korea born in the Republic of Korea;

7. People with a doctorate degree in high-tech fields;

8. People with high-tech skills People with a bachelor's degree and qualification certificates;

9. People with abilities in a specific range;

10. Visiting employment and stay qualifications.

Extended information:

To be eligible for employment, you must meet all the following conditions:

1. In addition to Seoul, you must be engaged in manufacturing, agriculture, Livestock industry or fishery and continue to work in the same company for more than 4 years.

2. Except for cases where the employee continues to work in the same industry while changing the work location due to unavoidable reasons such as salary arrears from the affiliated agency, suspension of employment, etc.

3. You or your family members working together in Korea must have a property of more than 30 million won to be able to maintain their livelihood.

4. Those who have passed the inspection conducted by the Korean Industrial Manpower Corporation and obtained the required technical and skill qualifications or whose average annual income must be above the average annual income of Korean individuals in the previous year announced by the Bank of Korea.

Residence qualifications for overseas compatriots must meet the following conditions:

1. Those who have overseas compatriots and have resided in the Republic of Korea for more than 2 years and meet the following conditions.

2. Those whose annual income reaches twice the gross national income of the previous year as announced by the Bank of Korea when applying for permanent residence.

3. People who are over 60 years old and whose one-year annuity amount received from overseas reaches more than one gross national income of the previous year as announced by the Bank of Korea.

4. Those who paid property tax of more than 500,000 won in the previous year or those who have no property tax performance but have rental deposits, etc., have a property tax equal to this amount (property tax of more than 500,000 won) in their own name ( or a person who owns the property of a household member).

Reference: Baidu Encyclopedia - Korean Permanent Residency