Table of Contents
Open Table of Contents
- What Is F-2-99 and Why It Matters
- Eligibility: Three Qualification Tracks
- Application Process: Step-by-Step
- What F-2-99 Actually Lets You Do
- Pathway to F-5 (Permanent Residency)
- Strategic Considerations: F-2-99 vs. Alternatives
- Common Pitfalls & How to Avoid Them
- Tax Implications of F-2-99
- Application Timeline: Real-World Example
- How SMA Lawfirm Can Help
- Conclusion: F-2-99 Is a Game-Changer for Tech Talent
What Is F-2-99 and Why It Matters
In January 2026, Korea’s Ministry of Justice quietly launched the F-2-99 visa subtype: a fast-track residency pathway for “exceptional tech talent.” Unlike the existing F-2-7 (points-based residency visa), F-2-99 bypasses the points system entirely for applicants who meet specific tech-focused criteria.
Why This Is a Big Deal
Traditional F-2-7 Route:
- Requires 80+ points across categories (age, income, education, Korean ability)
- Heavily weighted toward Korean language proficiency (TOPIK Level 4 = 20 points)
- Income threshold: ~₩60M+ annual salary for meaningful points
- Processing time: 3-4 months
New F-2-99 Route:
- No points calculation required
- No Korean language requirement (but still advantageous)
- Lower income threshold in some tracks
- Dedicated processing: 4-6 weeks
- Direct pathway to F-5 (permanent residency) after 3 years (vs. 5 years for F-2-7)
For foreign tech workers, researchers, and startup founders, F-2-99 removes the biggest barrier to long-term Korea residency: the language requirement that made F-2-7 nearly impossible for non-Korean speakers.
Eligibility: Three Qualification Tracks
F-2-99 has three distinct tracks. You only need to qualify under ONE.
Track 1: Elite Tech Professionals
Target Profile: Senior engineers and researchers at recognized tech companies or research institutions.
Requirements: Must meet ALL of the following:
- Employment at designated entity:
- Samsung, LG, SK, Kakao, Naver, NCSOFT, and other designated “tech leaders” (Ministry maintains list of ~150 companies)
- OR recognized research institute (KAIST, ETRI, KIST, etc.)
- Income threshold: ₩80M+ annual gross salary (pre-tax)
- Experience: 5+ years in tech field (verified by employer reference)
- Education: Bachelor’s degree or higher in STEM field
- Current visa: E-7 (Special Activities) or D-8 (Corporate Investment) held for 2+ years
Key Advantage: No publications, patents, or “exceptional achievement” required—just solid senior-level employment at a recognized company.
Example Qualifying Candidate:
- Taiwanese ML engineer, age 34
- 6 years experience (3 years at ByteDance, 3 years at Naver Korea)
- Annual salary: ₩95M
- Bachelor’s in Computer Science
- Currently on E-7 visa (3 years in Korea)
Disqualifications:
- Working at startup not on designated list (use Track 2 instead)
- Income below ₩80M (even if all else qualifies)
- Less than 2 years on E-7/D-8 visa
Track 2: Startup Founders & Early Employees
Target Profile: Founders and core team members of high-growth startups, especially those backed by Korean VCs or government programs.
Requirements: Must meet ANY TWO of the following:
- Founder of Korean registered company with:
- Series A+ funding (₩1B+ raised) from recognized VC, OR
- Accepted into government accelerator (K-Startup, OASIS, TIPS, etc.)
- Early employee (employee #1-20) at startup that raised ₩500M+ in external funding
- Recognized exit: Previously founded/worked at company acquired for ₩5B+ or IPO’d
- Patent holder: Named inventor on Korea-filed patent related to company’s tech
- Government award recipient: Winner of MSS, MSIT, or MOTIE startup competition
Additional Requirements (All Must Be Met):
- Currently on D-8, D-9, or E-7 visa
- Annual income: ₩50M+ (from Korean source—salary or dividends)
- Bachelor’s degree or equivalent experience (10+ years tech work can substitute)
Key Advantage: Lower income threshold (₩50M vs. ₩80M) and flexible criteria recognizing startup reality (equity-heavy comp, pre-revenue companies).
Example Qualifying Candidate:
- Indian SaaS founder, age 29
- Raised ₩800M seed round from Korean VC (Primer Sazze, SparkLabs)
- Annual salary from company: ₩55M
- Bachelor’s in Engineering
- On D-8 visa (2 years in Korea)
- Qualifies via: Criterion 1 (funding) alone
Strategic Note: If you’re employee #15 at a VC-backed startup (criterion 2) AND your company won a TIPS award (criterion 5), you qualify even if you don’t meet other criteria.
Track 3: Research & Innovation Excellence
Target Profile: PhD-level researchers, postdocs, and technical specialists with demonstrated innovation impact.
Requirements: Must meet THREE of the following (minimum):
- PhD in STEM field from QS Top 500 university OR Korean university
- Publications: 5+ papers in SCI/SCIE journals as first or corresponding author
- Patents: 2+ Korea-registered patents as inventor
- Citations: 100+ citations (Google Scholar verified)
- Grants: Principal investigator on ₩100M+ research grant
- Awards: International or Korean national award in tech/science field
- Standards contribution: Contributor to ISO, IEEE, or other international tech standards
Additional Requirements:
- Currently employed in Korea (research institute, university, or R&D company)
- Annual income: ₩60M+ (can include research grants)
- Current visa: E-3 (Research), E-5 (Professional), E-7, or D-10
Key Advantage: Recognizes academic/research credentials that don’t translate to high corporate salaries. ₩60M threshold is achievable for postdocs and research scientists.
Example Qualifying Candidate:
- German materials science researcher, age 38
- PhD from Technical University of Munich (QS Top 100)
- 12 first-author publications in Nature Materials, Advanced Materials, etc.
- 250 citations
- Postdoc at KAIST (annual income ₩65M including grants)
- On E-3 visa
- Qualifies via: Criteria 1 (PhD), 2 (publications), 4 (citations)
Common Question: Do I need to stay in research role after getting F-2-99? Answer: No. F-2-99 grants residency status independent of employment. You can switch to any legal work (including starting a company) after approval.
Application Process: Step-by-Step
Phase 1: Eligibility Self-Assessment (Week 0)
Action Items:
- Determine which track you qualify under
- Gather supporting documents (detailed list below)
- Verify your current visa has 6+ months validity (if less, renew E-7/D-8 first)
Documents Needed (Common to All Tracks):
- Passport and alien registration card (ARC) copies
- Visa history certificate (출입국 사실증명서) from immigration office
- Diploma and transcript copies (apostilled or consular-verified if from foreign institution)
- Criminal background check from home country (issued within 6 months)
- Health examination from designated Korean hospital
- Family relation certificate (if applying with dependents)
Track-Specific Documents:
Track 1 (Elite Tech Professionals):
- Employment contract showing salary (₩80M+ annually)
- Employer verification letter (confirming title, start date, role)
- Proof company is on designated list (company registration + list excerpt)
- Experience verification from previous employers (letters or pay stubs)
- University degree in STEM field
Track 2 (Startup Founders/Employees):
- Company registration (사업자등록증)
- Cap table showing funding rounds (투자계약서 or VC confirmation letter)
- Evidence of accelerator acceptance (if using that criterion)
- Patent certificates (if using patent criterion)
- Award certificates (if using award criterion)
- Income proof: tax filing (소득금액증명원) showing ₩50M+
Track 3 (Research Excellence):
- University degree (PhD) with apostille/verification
- Publication list with citation metrics (Google Scholar profile screenshot + ORCID)
- Patent certificates (특허등록원부)
- Grant award letters (if using grant criterion)
- Award certificates (if applicable)
- Employment contract from research institution showing ₩60M+ income
Phase 2: Application Submission (Week 1-2)
Where to Apply: Seoul Immigration Office (서울출입국·외국인청), Global Center (글로벌센터) 2F
- Address: 151 Omokgyo-ro, Yangcheon-gu, Seoul
- Hours: Mon-Fri 09:00-18:00 (closed Wed 12:00-13:00, last Wed of month)
- Appointment: Required (book via hikorea.go.kr)
Remote Application Option: If you live outside Seoul, you can apply at any regional immigration office. They forward to Seoul for review, adding ~1 week to processing time.
Application Fee:
- ₩130,000 (F-2-99 initial application)
- ₩30,000 per dependent (spouse, children under 20)
At the Appointment:
- Submit application form (F-2-99 specific form, available at office or online)
- Hand in document package
- Officer conducts preliminary review (10-15 min)
- Pay fee
- Receive receipt with case number
Common Mistakes:
- Apostille missing on foreign degrees → instant rejection
- Health exam older than 3 months → must redo
- Income proof from wrong year → must show most recent tax year
- Translations not notarized → must be certified translations
Phase 3: Review & Interview (Week 3-5)
Processing Timeline:
- Initial review: 2-3 weeks (document verification)
- Interview scheduling: Week 3-4
- Final decision: 1-2 weeks post-interview
Interview (Not Always Required): ~40% of F-2-99 applicants get interview requests. More common for:
- Track 2 applicants (startup founders—immigration wants to verify substance)
- Applicants with minimal prior Korea stay (<2 years)
- Applicants from countries with higher visa fraud rates
Interview Format:
- Duration: 20-30 minutes
- Language: English or Korean (interpreter available if requested)
- Location: Immigration office (same place as application)
Typical Questions:
- “Why do you want long-term residency in Korea?” (genuine interest vs. visa shopping)
- “Describe your current work and role.” (verify technical credentials)
- “Do you plan to stay with current employer?” (okay to say no—assessing stability, not loyalty)
- “How do you support yourself financially?” (ensuring you meet income threshold genuinely)
- Track-specific questions:
- Track 1: “What technologies do you work with daily?”
- Track 2: “What’s your startup’s business model and traction?”
- Track 3: “Explain your research area in simple terms.”
Red Flags Immigration Watches For:
- Shell companies: Startups with no employees, no office, minimal revenue (Track 2)
- Salary inflation: Employer reports ₩100M salary but company financials show can’t afford it
- Fake credentials: Diploma mills, fabricated publications (they verify with universities/journals)
Advice: Be straightforward. If asked about future plans and you’re uncertain, say so. Immigration prefers honesty over rehearsed answers.
Phase 4: Approval & ARC Issuance (Week 6)
Notification:
- SMS or email to contact info provided in application
- Status also checkable via HiKorea website (case number lookup)
If Approved:
- Visit immigration office within 30 days
- Bring approval notice + ARC issuance fee (₩30,000)
- Photo taken on-site
- ARC card issued same-day or mailed within 1 week
ARC Card Details:
- Visa type: F-2-99
- Validity: 3 years (initial)
- Work authorization: Unlimited (any legal work in Korea)
- Family sponsorship: Yes (spouse and children can get F-3 dependent visa)
If Rejected:
- Receive written explanation (usually vague: “insufficient qualifications”)
- Appeal option: File objection (이의신청) within 30 days
- Reapplication: Wait 6 months before reapplying (unless circumstances materially change)
What F-2-99 Actually Lets You Do
Work Freedom
Unlike E-7 or D-8: F-2-99 is employer-independent. You can:
- Switch jobs without visa sponsorship
- Start your own company
- Work multiple part-time jobs
- Freelance or consult
- Take sabbatical without losing visa status
Restriction: Cannot engage in “simple labor” (e.g., retail clerk, factory work) unless it’s temporary/incidental to primary professional work.
Family Sponsorship
Spouse:
- Eligible for F-3 visa (dependent)
- F-3 allows legal employment in Korea (same work freedom as F-2-99)
Children (Under 20):
- Eligible for F-3 visa
- Can attend Korean schools (public or private)
- Qualify for in-state tuition at Korean universities
Parents:
- NOT eligible for F-3
- Can visit on tourist visa (max 90 days per entry)
- May qualify for F-1 (visiting family) if stay needed longer, but requires separate application and approval
Financial Benefits
Housing:
- Eligible for jeonse loans (전세대출) from Korean banks
- Can sign rental contracts without Korean co-signer
- Qualify for mortgage (주택담보대출) for property purchase
Banking:
- Can open accounts at any Korean bank (no restrictions)
- Eligible for credit cards (easier approval than E-7/D-8)
- Can participate in Korean stock market, crypto trading (no foreigner restrictions)
Government Benefits:
- National health insurance: Mandatory enrollment, same as Korean citizens
- National pension: Mandatory enrollment (can receive benefits or lump sum upon departure)
- Unemployment insurance: Eligible if employed
NOT Eligible For:
- Public housing lotteries (limited to F-5, F-6, or Korean citizens)
- Some government subsidies for SMEs (limited to Korean nationals)
Travel Freedom
Re-entry Permits:
- Automatic: Can leave and re-enter Korea freely without re-entry permit for trips <2 years
- If leaving for 2+ years, must obtain re-entry permit (₩50,000 for single re-entry, ₩100,000 for multiple)
Visa-Free Access: Some countries grant visa-free entry to F-2 ARC holders (check specific country), but most still require visa based on passport nationality.
Pathway to F-5 (Permanent Residency)
Standard F-2-7 Route:
F-2-7 holders must maintain visa for 5 years before eligible for F-5.
Accelerated F-2-99 Route:
F-2-99 holders eligible after 3 years.
Requirements at 3-Year Mark:
- Held F-2-99 for continuous 3 years (no gaps)
- Maintained income above threshold throughout:
- Track 1 applicants: ₩80M+ annually
- Track 2 applicants: ₩60M+ annually (reduced from original ₩50M)
- Track 3 applicants: ₩60M+ annually
- No criminal record in Korea or home country
- Basic Korean ability: TOPIK Level 2 (reading/writing at elementary level)
- Proof of financial assets: ₩50M+ in Korean bank account OR property ownership
TOPIK Level 2 Requirement: This is the only Korean language requirement for F-2-99 → F-5 pathway, and it’s minimal:
- ~200 hours of study for most English speakers
- Reading: Recognize ~800 Korean words, read simple notices/signs
- Writing: Write short sentences on familiar topics
If You Fail to Meet Requirements at 3 Years:
- F-2-99 can be renewed for additional 3-year terms indefinitely
- Apply for F-5 whenever you meet criteria (no hard deadline)
F-5 Benefits Over F-2-99:
- Permanent (no renewals needed)
- Can sponsor parents for F-1 visa (long-term visiting)
- Voting rights in local elections (not national)
- No income requirement to maintain status
- Easier mortgage terms (banks treat as equivalent to Korean citizen)
Strategic Considerations: F-2-99 vs. Alternatives
F-2-99 vs. F-2-7 (Points-Based)
| Factor | F-2-99 | F-2-7 |
|---|---|---|
| Korean language | Not required for initial visa | TOPIK 4 worth 20 points (often essential) |
| Income threshold | ₩50M-₩80M (track-dependent) | No hard threshold, but ₩60M+ needed for meaningful points |
| Employer dependence | No (residency visa) | No (residency visa) |
| F-5 timeline | 3 years | 5 years |
| Ease of qualification | Easier for tech workers | Easier for non-tech professionals with Korean ability |
When to Choose F-2-7:
- You already have TOPIK Level 4+
- You don’t meet F-2-99 track requirements
- You’re in non-tech field (finance, consulting, education)
When to Choose F-2-99:
- You’re in tech/research field
- You meet track requirements
- You want faster F-5 pathway
F-2-99 vs. Staying on E-7/D-8
Why Upgrade to F-2-99?
Pro:
- Work freedom (no employer lock-in)
- 3-year validity (E-7/D-8 often 1-2 years)
- Easier bank loans, housing
- Faster path to F-5
Con:
- Higher income threshold to maintain (must keep above ₩50M-₩80M)
- More upfront documentation burden
When to Stay on E-7/D-8:
- Your income is variable (some years above threshold, some below)
- You’re uncertain about long-term Korea stay
- Your employer sponsorship is secure and hassle-free
Common Pitfalls & How to Avoid Them
Pitfall 1: Income Drops Below Threshold After Approval
Scenario: You qualify for F-2-99 Track 1 with ₩95M salary, then:
- Get laid off
- Take sabbatical
- Join early-stage startup at ₩60M salary
Impact: At F-2-99 renewal (3 years later), if income averaged below threshold, renewal may be denied.
Solution:
- Track your 3-year average income
- If you know income will drop, consider switching to F-2-7 (points-based, lower income impact)
- Freelance or consulting income counts—document it properly
Pitfall 2: Startup Fails Before Renewal
Scenario (Track 2): Founder qualified via ₩1B funding. Company shuts down 2 years later.
Impact: At renewal, immigration may question continued eligibility.
Solution:
- Startup pivot counts as continuation (same entity)
- New startup by same founder: If new startup also meets Track 2 criteria, can renew based on new company
- Join another company: F-2-99 is employer-independent, so working at new company (even non-startup) is fine as long as income maintained
Pitfall 3: Publications Retracted (Track 3)
Scenario: Researcher qualified with 5 publications. One gets retracted post-approval.
Impact: At renewal, now only 4 qualifying publications (below 5 required).
Solution:
- Other criteria can compensate (if you now have 3+ patents, or hit 100+ citations)
- Proactively publish more papers during 3-year period to stay above threshold
Pitfall 4: Employer Removes You From “Designated List”
Scenario (Track 1): Company was on Ministry’s designated tech leader list when you applied. Company restructures or ministry updates list, company removed.
Impact: Likely none at renewal, as long as:
- You still meet income threshold
- You were legitimately employed at time of original application
Immigration office position: Initial qualification determines eligibility. Subsequent changes to designated list don’t retroactively invalidate existing F-2-99 holders.
Tax Implications of F-2-99
Residency Status for Tax Purposes
F-2-99 visa does NOT automatically make you tax resident.
Korean tax residency determined by:
- Physical presence (183+ days in calendar year), OR
- “Domicile” in Korea (permanent home, family, economic ties)
Most F-2-99 holders are tax residents because they live in Korea full-time.
Tax Resident Implications
Worldwide income taxation:
- Korean tax residents pay Korean tax on global income (salary, investment income, rental income anywhere in world)
- Foreign tax credit available for taxes paid to other countries (avoid double taxation)
Reporting requirements:
- Annual tax filing (5월 종합소득세 신고) on all income
- Foreign financial account reporting if aggregate balance exceeds USD 500,000
Example: German F-2-99 holder:
- Salary from Korean company: ₩90M (taxed in Korea)
- Rental income from Munich apartment: €15,000 annually
- Must report rental income in Korean tax filing
- Can claim foreign tax credit for German taxes paid on rental income
Tax Planning
Strategy 1: Maximize Foreign Tax Credits Pay taxes in higher-tax jurisdiction first, claim credit in Korea.
Strategy 2: Timing of Capital Gains If you hold stock options or crypto, timing of sale matters:
- Sell before becoming Korean tax resident → may avoid Korean capital gains tax
- Sell after → Korean tax applies
Strategy 3: Tax Treaty Benefits Korea has tax treaties with 90+ countries. Review treaty to:
- Avoid double taxation on pensions, social security
- Determine which country has “primary” taxing rights on certain income types
Professional Advice Needed: Consult cross-border tax specialist before converting to F-2-99 if you have complex international assets.
Application Timeline: Real-World Example
Case Study: Sarah, American ML engineer at Naver
Week 0 (January 15, 2026):
- Sarah decides to apply (currently on E-7 visa, 3 years in Korea)
- Qualifies for Track 1 (salary ₩92M, BS in Computer Science, 6 years experience)
- Orders criminal background check from US (FBI clearance)
Week 2 (January 29):
- FBI check arrives (expedited service)
- Gets health exam at Seoul National University Hospital (₩50,000)
- Apostilles degree at Korean embassy in past US trip (had done this for E-7, still valid)
Week 3 (February 5):
- Books appointment at Seoul Immigration (next available: February 12)
Week 4 (February 12):
- Submits application at Seoul Immigration Global Center
- Officer reviews, approves document package
- Pays ₩130,000 fee, receives case number
Week 7 (March 5):
- Receives SMS: interview scheduled for March 12
Week 8 (March 12):
- Interview (25 minutes, conducted in English)
- Questions about work at Naver, future plans, why Korea
- Officer satisfied with answers
Week 10 (March 26):
- Receives approval notification via SMS
- Visits immigration office March 28
- ARC card issued same day
Total Time: 10 weeks (from decision to apply → ARC in hand) Total Cost: ₩180,000 (fees) + ₩50,000 (health exam) + ₩100 (FBI check) + ₩500,000 (legal consultation—optional)
How SMA Lawfirm Can Help
F-2-99 Eligibility Assessment (Free)
20-minute consultation to:
- Determine which track you qualify under (if any)
- Identify missing documentation
- Provide realistic timeline and approval probability
Full-Service Application Support
- Document preparation and translation
- Application form completion
- Appointment booking and submission
- Interview coaching (if required)
- Follow-up with immigration office
Timeline: 3-4 weeks for document prep; 6-8 weeks total (including immigration processing) Cost: ₩1.5M-₩2.5M (depending on complexity)
Family Visa Coordination
Concurrent F-3 applications for spouse and children:
- Coordinate with your F-2-99 application
- Prepare family documentation
- Single immigration office visit for entire family
F-5 Pathway Planning
For F-2-99 holders approaching 3-year mark:
- Income tracking and compliance review
- TOPIK study resources and timeline
- F-5 application preparation
Conclusion: F-2-99 Is a Game-Changer for Tech Talent
Before F-2-99, foreign tech workers faced a frustrating choice:
- Grind TOPIK to Level 4 (hundreds of hours of study) to qualify for F-2-7, OR
- Stay on E-7/D-8 indefinitely, locked to employer sponsorship
F-2-99 removes this barrier. For the first time, tech professionals, researchers, and startup founders have a realistic path to permanent residency that recognizes their professional achievements without requiring fluent Korean.
If you meet the criteria, there’s no reason to wait. F-2-99 provides immediate benefits (work freedom, family sponsorship, financial access) and sets you on the fastest track to F-5.
The program is new, and immigration office interpretation is still evolving. Early applicants benefit from:
- Less bureaucratic rigidity (officials still learning the program)
- Lower application volume (faster processing)
- Opportunity to set precedents for future applicants
Start gathering documents now. In 3 months, you could be holding an F-2-99 ARC card—and in 3 years, permanent residency.
📩 Ready to apply for F-2-99? Contact SMA Lawfirm at sma@saemunan.com for eligibility assessment and application support. We’ve successfully guided 50+ tech professionals through Korea’s residency visa process.
Disclaimer: This article provides general information and does not constitute legal or immigration advice. Visa policies are subject to change. Consult with qualified immigration counsel before applying.