The trade visa is a system that diversifies the requirements for obtaining a trade visa by evaluating professionalism and domestic sojourn experience in order to expand the convenience of staying in Korea for outstanding foreign traders and differentiates extension standards according to national employment and trade performance.
Foreigners who meet the point requirements according to the trade visa point system and have no grounds for disqualification are permitted to issue visas and change their status of residence after examination. In the case of long-term residents with abundant experience of staying in Korea, such as a study abroad (D-2) status, change of status of residence in Korea is actively permitted if they meet the requirements. However, in order to prevent abuse as a means of staying in Korea rather than actually operating a trade business, extension of the period of stay is permitted only if there is a trade record.
Korean Language Test TOPIK 3+ & 60 points+ out of 160 points,
an applicant who has a required item point of 10 or more and has obtained a business (individual) registration certificate
In the case of a co-representative with a foreigner with the same qualification, only the points obtained by dividing the sum of the relevant points by the number of foreigners are recognized
Business registration must be registered as a "trade business" and a lease contract for an independent business establishment under his/her name is required.
Items | Export Recode | Import+Export Recode | ||
USD $300K+ | USD $100K-$300K | USD $500K+ | USD $300K-$500K | |
Points | 30 | 20 | 15 | 10 |
Items | Working experience | University Major | Basic Trading Course (OASIS4+) Certificate |
Points | 20 | 15 | 10 |
Items | Continuing to stay in Korea after registering as a foreigner | Staying for more than 200 days for the last 2 years without alien registration |
||
5 years+ | 3 years - 5 years | 1 year - 3 years | ||
Points | 20 | 15 | 10 | 5 |
Items | Doctoral Degree | Master Degree | Bachelor Degree | College Degree |
Points | 20 | 15 | 10 | 5 |
Items | Korean Education Background(1) | KRW 100M+ won Capital(2) | TOPIK 3+ or Completion of KIIP |
Points | 30 | 15 | 10 |
Items | Export | Trade (Import+Export) USD $70K+ |
VISA Extension Recommendation Letter | |||
USD $500K+ | USD $300K-$500K | USD $100K-$300K | USD $50K-$100K | |||
Points | 30 | 20 | 15 | 8 | 5 | 5 |
Items | 3 Employees | 2 Employees | 1 Employee |
Points | 10 | 5 | 2 |
Items | KRW 5M won + | KRW 4M won-5M won | KRW 3M won-4M won | KRW 2M won-3M won |
Points | 7 | 5 | 3 | 1 |
Points | 5-10 Points(1) | 11-20 Points | 21 Points+ |
Permission period | 6 months | 1 year | 2 years |
Points | 0-10 Points | 11-30 Points | 31 Points+ |
Permission period | No extension allowed | 1 year | 2 years |
Day 1 (8 hours)
0.5h Orientation and course introduction
2.0h Understanding of immigration laws and regulations
3.0h Theory and practice of Import and export business process
3.0h Online trade concept
Day 2 (9 hours)
2.0h Understanding and practice of target marketing
2.0h Understanding of business management and tax system in trade
3.0h Theory and Practice of Trade Document Preparation
2.0h Understanding of Trade Payment
Day 3 (8 hours)
2.0h Advanced understanding of Korean society
3.0h Understanding of start-up and business management-related trade laws and regulations
3.0h Understanding of trade agreement
0.5h Survey and closing ceremony
-Join Classes(Apply)
* Unable to apply within 2 weeks of visa expiration
- Business registration certificate
- Certificate of Trade Business Code
- Office rental agreement
- Application for confirmation of export performance and issuance of a certificate
- Export declaration certificate
- Certificate of payment of national tax
- Certificate of complete local tax payment
- Copy of Passport
- Copy of Alien registration card (front and back)
- Business plan
- Evidence of import and export activities (e-mail, etc.)
- Application(Apply)
* Unable to apply within 2 weeks of visa expiration or no official trade recode