Applying for a visa in South Korea
Requirements for Visa Application:
- Valid passport (passport must be valid for more than six months at the time of application submission)
- Duplicate of the biographic data page of the applicant’s passport
- Completed visa application form
- One passport photograph
- Documents proving financial ability
- Personal bank statement
- Credit card
- Confirmed flight booking and hotel reservation
- Photocopy of National ID card or Driver’s license or Voter’s card which is issued within the last five years.
Citizenship by Birth
People automatically get South Korean citizenship at birth if one parent is a South Korean, regardless of the location of birth.
Citizenship by Naturalization
Foreigners with permanent residency, beyond 20 years old might naturalize as ROK citizens after living in South Korea for over five years and proved fluency in the Korean language. The residency prerequisite is decreased to three years for people with a South Korean parent who was not ROK citizens, and two years for candidates with South Korean life partners.
This is additionally decreased to one year for candidates who have been married to South Koreans for more than three years. Minor kids can’t naturalize freely, however may apply with a parent who is also naturalizing. Successfully naturalized candidates are to deny their former citizenship within one year, except if they naturalized through marriage.
Citizenship by Investment
People who are given citizenship by the Ministry of Justice for their outstanding investment capacity or commitments made to the nation are not to wait for five years. Again, these people are denied their former citizenship.
Benefits South Korea Citizenship
The South Korean passport is one of the most powerful passports to have, with its 2017 “Visa-Free Score” of 157 giving it a “Passport Power Rank” of 2 and making it one of the 4 best international passports to have in the world. Korea additionally has some more advantages for its residents, it has one of the best medical care frameworks in the world, incredible public libraries, free transportation for the old, and considerably more.
The economy of South Korea
Korea is one of the countries that has successfully changed itself from a low-income economy to a high-income economy and a renowned global leader in technology and has also attained remarkable success by combining rapid economic development with significant poverty reduction. Korea is an important development partner of the WBG and an important contributor (since 1977) to the International Development Association (IDA).
Korea’s policies resulted in real gross domestic product (GDP) growth averaging 5.45% yearly between 1988 and 2019. This remarkable performance was fueled by annual export growth averaging 9.27% about the same time.