BorderProofBorderProof
Explore VisasCompare VisasCountry GuidesNewsAbout
Sign InFind A Visa
F-2-99 — Long-term Resident Visa (Points-based/Duration)
South KoreaSouth Korea•Asia
Open

F-2-99 — Long-term Resident Visa (Points-based/Duration)

Skilled Migration PR PathwayThis visa can lead to permanent residency, the right to live and work here indefinitely without renewing your visa. Dependents Allowed Remote Work

At a Glance

Processing Time

Varies

Estimated Cost

KRW ₩35,000

Stay Duration

Long-term residency

Renewable

Renewal

Renewable

Family

Dependents allowed

PR Pathway

Yes

Sponsor

No job offer needed

Work

Remote work OK

Overview

Points-based long-term residency for Korea residents of 5+ years meeting 52.4M KRW income and KIIP Level 4; renewable to 5 years, bridging to permanent residency.

The F-2-99 is a points-based residency visa for long-term residents of South Korea who have established significant presence and stability. Applicants must have resided in Korea for at least 5 consecutive years on a qualifying work visa (E-1 to E-7) or 7 years on other categories (D-1 to F-3), with a minimum annual income of 33.6 million KRW and assets of at least 30 million KRW.

The visa grants residency for up to 5 years per grant and is renewable. Main fees include 30,000 KRW for the Alien Registration Card and 20,000 KRW for ARC application. Dependents may accompany the visa holder; spouses have restricted work rights. This status serves as a direct pathway to the F-5 Permanent Residency visa.

This visa is ideal for established foreign professionals who have successfully integrated into Korean society over multiple years and seek stable, long-term residency with expanded economic freedoms before pursuing permanent residence.

Conversion Paths

Visas you can typically switch to from this status.

F-5 — Permanent Residence (F-5)
South Korea flagSouth Korea

F-5 — Permanent Residence (F-5)

ValidityIndefinite
Processing2–3 months
View Visa Details

Requirements

PUBLISHED REQUIREMENTS

Resided in Korea for at least 5 consecutive years (E-1 to E-7) or 7 years (D-1 to F-3).

Meet income requirements linked to GNI per capita.

Possess assets of at least 30 million KRW.

Demonstrate Korean proficiency (TOPIK level 2 or KIIP completion).

Clean criminal record and no immigration violations.

KEY CRITERIA

Experience

5+ years

Min. Income

52,416,000 KRW/yr

Min. Savings

30,000,000 KRW

REQUIRED DOCUMENTS

Proof of income

Proof of assets (30 million KRW+)

TOPIK certificate or KIIP completion certificate

Criminal record check

Advantages & Considerations

Key Benefits

  • Pathway to permanent residency (F-5) after meeting duration and financial requirements
  • Broad economic activity authorization once approved
  • Renewable status up to 5 years per grant with no statutory cap
  • Long-term residency stability for family members and dependents
  • Spouse qualification for work under restricted terms
  • Remote work permitted; location flexibility within status constraints
  • Assets threshold at 30 million KRW; clear financial benchmarks

Worth Knowing

  • Requires 5–7 years prior residency in Korea on qualifying temporary visas
  • Minimum income of 52.416 million KRW per financial cycle; strict verification required
  • KIIP Social Integration Program Level 4 or pre-assessment score of 81+ mandatory
  • Criminal record and immigration violations will disqualify or delay approval
  • History of immigration violations or criminal convictions is an automatic deal-breaker
  • Must maintain minimum income and asset thresholds; failure forfeits renewal qualification

Application Process

1

Verify qualification based on residency duration and financial status.

2

Complete language requirements.

3

Apply for a change of status at the local Immigration Office via HiKorea.

Application Forms

HiKorea PortalFill online

Ready to see if the F-2-99 — Long-term Resident Visa (Points-based/Duration) is your visa path?

Discover how your answers compare with the published requirements. 2 minutes. Free to use.

Start Visa Discovery