Korea’s D-8 (기업투자, Business Investment) visa is the primary pathway for foreign entrepreneurs, investors, and startup founders to operate a business in Korea legally. It covers five distinct scenarios — from large foreign investors to first-time tech startup founders with a patent. Understanding which subcategory applies to your situation is the first and most important step.
📑 In this guide
- The 5 D-8 Subcategories at a Glance
- D-8-1: Investing in a Korean Corporation
- D-8-2: Venture Company Founder
- D-8-3: Investing in a Korean Individual’s Business
- D-8-4: Tech Startup Founder (Most Common for Foreign Entrepreneurs)
- D-8-4S: Startup Korea Special Visa
- What Counts as IP Rights or “Equivalent Technology”
- The OASIS Program: Korea’s Startup Support System
- How to Apply for D-8-4: Step by Step
- D-8 vs D-10-2 vs E-7: Which Path Is Right for You?
- Common Questions
The D-8 visa is for foreign nationals who are running or co-running their own business in Korea — not for employees. If you want to work for an existing Korean company, you need an E-7. If you want to set up a Korean entity and operate it as the founder or investor, D-8 is your visa. The specific subcategory depends on your situation: investor, tech founder, or venture company operator.
1. The 5 D-8 Subcategories at a Glance
Investment in Korean Corporation
- KRW 100M+ investment in a registered Korean corporation
- Must own 10%+ of voting shares OR have executive appointment
- Stay period: 5 years
- Best for: Foreign companies investing in existing Korean entities
Venture Company Founder
- Must have IP rights + venture company certification (벤처확인)
- Certification from KIBO, KOSMES, or KVCA
- Stay period: 2 years (6 months for preliminary stage)
- Best for: Tech founders with established venture certification
Investment in Korean Individual’s Business
- KRW 100M+ investment, 10%+ stake in a Korean individual’s business
- Must be co-registered as representative on business registration
- Korean partner must also have KRW 100M+ in business capital
- Best for: Partnership ventures with a Korean co-founder
Tech Startup Founder ★ Most Common
- Korean associate degree+ OR overseas bachelor’s degree
- Must have IP rights or equivalent technology capability
- Must establish a Korean corporation
- Stay period: 2 years
- Best for: Individual foreign founders starting tech companies in Korea
Startup Korea Special Visa
- Must pass Startup Korea Special Visa private evaluation committee
- Must receive recommendation from Minister of SMEs and Startups
- Company establishment can happen after entry (within 6 months)
- Stay period: 2 years
- Best for: High-potential founders with strong tech credentials
2. D-8-1: Investing in a Korean Corporation
| Requirement | Details |
|---|---|
| Investment target | A fully registered Korean corporation (설립완료 법인). Unregistered entities or individual businesses do not qualify. |
| Minimum investment | KRW 100,000,000 (1억원) or more |
| Ownership threshold | 10% or more of voting shares, OR ownership of shares combined with executive appointment rights (임원 파견·선임 계약) |
| Investment funds | Must be in the applicant’s own name in principle. Spouse and minor children’s names accepted with exceptions. Parents’ names accepted only if investment is KRW 300M+. |
| Who is excluded | Employees hired domestically in Korea are excluded — this is for investors and executives parachuted from overseas, not local hires. |
| Stay period | 5 years per issuance |
Required documents
- Visa application form (별지 17호) + passport + photo + fee
- Foreign investment company registration certificate (외국인투자기업등록증)
- Business registration certificate (사업자등록증)
- Corporate registration certificate (법인등기사항전부증명서)
- Shareholder change records (주주변동상황명세서)
- Investment fund transfer documentation (송금확인증, 외환매입증명서 etc.)
- For investments under KRW 300M: capital usage records, office existence proof, and relevant business experience documentation
3. D-8-2: Venture Company Founder
| Requirement | Details |
|---|---|
| Company type | Must be established under the Venture Business Promotion Act (벤처기업육성에 관한 특별조치법) and have received official venture company certification (벤처기업확인) |
| Who qualifies | The representative (대표자) of a certified venture company, or the representative of a company evaluated as technologically excellent |
| IP requirement | Must hold IP rights (patent, utility model, design, trademark, copyright) demonstrating superior technology |
| Preliminary stage | Preliminary venture company status (예비벤처기업) also qualifies — including companies preparing for establishment or within 6 months of founding |
| Certification bodies | Korea Technology Finance Corporation (KIBO), Korea SMEs and Startups Agency (KOSMES), Korea Venture Capital Association (KVCA) |
| Stay period | 2 years (fully certified company) / 6 months (preliminary venture company) |
Required documents
- Venture company certificate (벤처기업확인서) or preliminary venture company certificate
- IP proof — patent certificate, utility model certificate, design registration, trademark registration, or copyright registration
- OR: Technology excellence evaluation certificate from KIBO or KOSMES
- Business registration + corporate registration
4. D-8-3: Investing in a Korean Individual’s Business
This subcategory is for foreign nationals co-investing with a Korean individual (not a corporation) to establish a joint business. It’s relatively rare and has specific co-ownership requirements:
| Requirement | Details |
|---|---|
| Investment target | A business operated by a Korean individual (국민 경영 기업) — not a corporation |
| Minimum investment | KRW 100M+ from the foreign investor, with 10%+ ownership stake |
| Korean partner requirement | The Korean co-business partner must also have KRW 100M+ in business capital |
| Registration requirement | The foreign investor must be co-registered as representative (공동대표) on the business registration certificate — not just as an investor |
| Stay period | 5 years |
5. D-8-4: Tech Startup Founder — Most Common for Foreign Entrepreneurs
D-8-4 is the visa most individual foreign founders will use. It’s designed for foreign nationals who want to start a technology-based company in Korea — without the large investment capital required by D-8-1 or the venture certification required by D-8-2.
| Requirement | Rule |
|---|---|
| Education | ONE of: ① Korean associate degree or higher, ② Overseas bachelor’s degree or higher, ③ Recommendation from a central government ministry |
| IP rights or technology | Must hold Korean IP rights (patent, utility model, design, trademark, copyright) OR have been selected in a government startup support program with a qualifying startup idea |
| Company establishment | Must establish a Korean corporation (법인) and complete corporate registration + business registration. Must be the representative (대표자). |
| Stay period | 2 years |
| Investment capital required? | No minimum investment capital requirement — unlike D-8-1 (KRW 100M) |
6. D-8-4S: Startup Korea Special Visa
The Startup Korea Special Visa (스타트업 코리아 특별비자) is a fast-track version of D-8-4 with one major advantage: you don’t need to establish the company before entry.
| Item | Details |
|---|---|
| How to qualify | Must pass the Startup Korea Special Visa private evaluation committee review AND receive official recommendation from the Minister of SMEs and Startups (중소벤처기업부 장관) |
| Company establishment timing | Can enter Korea first — establish the company within 6 months of entry. Standard D-8-4 requires establishment before application. |
| Documents needed | Startup Korea Special Visa recommendation letter (중소벤처기업부 발급). If company not yet established: corporate registration documents submitted within 6-month period after entry. |
| Stay period | 2 years |
| How to apply for evaluation | Through the Global Startup Immigration Center (글로벌창업이민센터) and the OASIS program |
7. What Counts as IP Rights or “Equivalent Technology”
For D-8-4, you need either registered Korean IP rights OR qualifying technology capability. Here’s exactly what each means:
Registered Korean IP Rights (지식재산권)
Equivalent Technology (이에 준하는 기술력)
If you don’t have registered IP, you can qualify through selection in a qualifying government startup support program. The key one is:
- OASIS Program (글로벌창업이민센터) — selection, completion, or awards from the OASIS startup support system managed by the Global Startup Immigration Center
- Other government-designated startup support programs under the Small and Medium Business Startup Support Act (중소기업창업지원법)
- The startup idea must belong to the individual applicant — selection on behalf of someone else does not qualify
8. The OASIS Program: Korea’s Startup Support System
For many foreign founders without Korean IP rights, the OASIS (Online Assessment System for Immigration and Startup) program is the most practical pathway to D-8-4 eligibility.
| Item | Details |
|---|---|
| What OASIS is | A Korean government-operated startup incubation and evaluation system specifically for foreign entrepreneurs run by the Global Startup Immigration Center (글로벌창업이민센터) |
| How it qualifies you | Selection, completion certificates, awards, or government recommendation letters from OASIS directly substitute for IP rights in the D-8-4 application |
| What OASIS provides | Business incubation support, mentoring, networking, Korean government connections, and the immigration documentation needed for D-8-4 or D-8-4S |
| Who should consider it | Foreign founders who have a viable tech startup idea but haven’t yet registered IP in Korea. OASIS is the bridge between “startup idea” and “D-8-4 eligibility.” |
| Where to apply | Through the Global Startup Immigration Center — search “글로벌창업이민센터” or “OASIS startup Korea” for current intake information |
9. How to Apply for D-8-4: Step by Step
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1
Establish your IP or technology qualification
File for a Korean patent, trademark, or copyright — or apply to the OASIS program. A patent application (출원) is sufficient; you don’t need a granted patent. Search “KIPRIS” (kipris.or.kr) to verify your IP filing status.
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2
Establish a Korean corporation (법인설립)
Engage a Korean legal services firm or 법무사 to establish your Korean corporation. You’ll need: articles of incorporation, corporate registration at the district court, and business registration at the tax office. Budget KRW 300,000–800,000 in government fees plus service fees.
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3
Prepare your visa application documents
Standard package: visa application form (별지 17호), passport, photo, fee, corporate registration, business registration, degree certificate (apostilled and translated if overseas), IP proof or OASIS certification, and the D-8-4 score sheet if applicable.
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4
Apply at the Korean embassy in your home country
The D-8-4 is applied for at the Korean embassy or consulate in your country of citizenship before entering Korea. Processing time: 2–4 weeks typically.
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5
Enter Korea and register your ARC
After entering Korea, register your Alien Registration Card (외국인등록증) within 90 days at your local immigration office. The ARC is required for opening a corporate bank account, signing contracts, and operating your business.
10. D-8 vs D-10-2 vs E-7: Which Path Is Right for You?
| Your situation | Best visa | Key requirement |
|---|---|---|
| I have a startup idea and want to explore Korea first before committing | D-10-2 (Job Seeker — Startup Preparation) | Planning stage only — can research, prepare for incorporation, file patent applications. Cannot run business yet. |
| I have a startup idea, IP or OASIS selection, and want to establish a company | D-8-4 (Tech Startup) | Degree + IP rights or OASIS + Korean corporation established |
| I have a strong startup with government backing and want fast-track entry | D-8-4S (Startup Korea Special) | MSV Ministry evaluation + recommendation. Company can be set up within 6 months of entry. |
| I have venture capital backing and want official venture certification | D-8-2 (Venture Company) | IP rights + 벤처확인 certificate from KIBO/KOSMES/KVCA |
| I have KRW 100M+ to invest in an existing Korean corporation | D-8-1 (Corporate Investment) | KRW 100M+ investment, 10%+ equity stake |
| I want to work for a Korean company (not my own) | E-7 (Specific Activity) | Korean employer sponsorship required. Not a D-8 case. |
11. Common Questions
- D-8-1: KRW 100M+ investor in Korean corporation — 5-year stay
- D-8-2: Venture company founder with IP + 벤처확인 — 2-year stay
- D-8-3: Co-investor with Korean individual — KRW 100M each, co-registered — 5-year stay
- D-8-4: Tech startup founder — degree + IP or OASIS — 2-year stay (most common)
- D-8-4S: Startup Korea Special Visa — MSV Ministry recommendation — can establish company after entry
- D-8-4 has no minimum investment capital — it’s qualification by technology, not money
- Patent applications count — you don’t need a granted patent
- OASIS program is the alternative path if you don’t have registered IP yet
Related: D-10-2 Startup Preparation Visa →
Related: E-7 Visa: If You Want to Work for a Korean Company Instead →
Related: Complete Guide: Working in Korea as a Foreigner →