What is a Korean green card?

Green card is a general term. Your name means that you should still be in China and a resident of China.

Korean permanent residents only have the status of long-term residence in South Korea and are China citizens with China passports.

The requirements for naturalization are very high.

South Korea simplifies green card application procedures to attract huge investors.

June 28(th), 2003

China Daily News: On June 27th, the Ministry of Justice of South Korea held a meeting of "Director of the State Administration of Exit and Entry" and made the following decision: the conditions for foreigners who have made huge investments in South Korea to obtain green cards will be greatly relaxed to introduce investment immigrants; Amend the Entry and Exit Administration Law to protect the rights of foreigners who reside illegally and apply for asylum; Wait a minute.

According to Chosun Ilbo, the Ministry of Justice has decided that foreigners who invest more than 500,000 US dollars can get green cards if they stay in Korea for more than three years, whereas they originally need to stay for more than eight years.

The Ministry of Justice has decided that if foreigners who reside illegally are victims of sex trade, unpaid wages, industrial disasters, atrocities and other acts, the exit-entry management personnel can only notify the relevant departments after receiving assistance. The previous rule was that if you know the facts of illegal detention, you must report it immediately.

At the same time, the Ministry of Justice is actively studying a scheme: people who apply for refugee status will be allowed to work from the perspective of subsistence even if refugee status is not approved. At present, these people are not allowed to work in Korea.

In addition, South Korea no longer collects fingerprints of foreigners and experts from foreign enterprises with huge investments, but narrows the fingerprint collection object to "forced deportees or respondents" and changes the fingerprint collection method from ink to electronic.