D-8 Visa in Korea: A Guide for Foreign Business Representatives
The D-8 visa category in Korea offers a unique opportunity for foreign nationals to enter and work in the country as representatives of foreign businesses, without seeking permanent residence. This article provides an overview of the D-8 visa, including eligibility requirements, application process, and important considerations.
Overview of the D-8 Visa Category
The D-8 visa, also known as the "Corporate Investment Visa" or "Foreign Company Employee Visa," is issued to individuals employed by foreign businesses engaged in trade or investment activities with Korean businesses. It's intended for short-term business visits and does not lead to permanent residency or employment with Korean companies.
Eligibility Requirements for the D-8 Visa
To qualify for the D-8 visa, individuals must:
- Be employed by a foreign company engaged in trade or investment activities with Korean businesses.
- Obtain a letter of invitation from the foreign company specifying the purpose and duration of the visit.
- Plan to stay in Korea for less than six months.
- Have no criminal record in Korea or their home country.
- Have sufficient funds to cover their stay in Korea.
Application Process for the D-8 Visa
The application process involves obtaining a letter of invitation from the foreign company, completing the D-8 visa application form, and submitting supporting documents to a Korean embassy or consulate. Required documents include passport, photo, letter of invitation, business registration certificate, proof of employment, and financial documents.
Other Important Information
- D-8 visa holders are restricted to work for the sponsoring foreign company and must apply for a visa extension if needed.
- They are subject to Korean income tax on earnings in Korea and may face taxation in their home country.
- Violating visa conditions or engaging in illegal activities can result in visa revocation.
Conclusion
The D-8 visa facilitates short-term business activities in Korea for individuals employed by foreign companies. By meeting eligibility requirements and adhering to visa conditions, individuals can contribute to business opportunities between Korea and foreign countries. For assistance with D-8 visa applications, Pearson & Partners Korea offers expert guidance and support. Contact us to learn more about our services and achieve your business goals in Korea.
