South Korea
Permanent Residence for Overseas Pension Beneficiaries
The Permanent Residence for Overseas Pension Beneficiaries (F-5-13) allows foreign nationals aged 60 or older who receive qualifying pension income from abroad to reside indefinitely in South Korea. It is one of the more accessible permanent residence routes, as it does not require prior residence in Korea, completion of the Korea Immigration and Integration Program (KIIP), or a social integration assessment. The program grants unrestricted stay duration and freedom to engage in economic activities, including employment and business ownership. Only pension income from a foreign government or institution qualifies — other forms of passive income such as rental income, investment dividends, or private annuities are not accepted.
- Age 60 or older
- Annual overseas pension income of at least 2x South Korea's per capita GNI (approximately KRW 99,910,000/year or ~USD 73,000/year for 2025-2026)
- Must hold a lawful visa status in South Korea at the time of application (any valid sojourn status)
- Only the applicant's own pension income counts — spouse or family member income cannot be combined
- No educational, professional, or Korean language qualifications required
- Clean criminal record
- Integrated application form
- Passport and copy
- Alien Registration Card (ARC) and copy, or passport photo if no ARC
- Proof of residence (property lease agreement or residence registration certificate)
- Foreign criminal record certificate with apostille or consular authentication
- Letter of reference / identity guarantee
- Pension certificate from the foreign pension authority
- Bank account statements showing pension deposits for the preceding 12 months
- General information form
F-5-13 grants permanent residence with no expiration on the underlying status. The permanent residence card is valid for 10 years and must be renewed before expiration. Holders who remain outside Korea continuously for more than 2 years without obtaining a re-entry permit will lose their permanent residence status. There is no minimum days-in-country requirement per year, but the 2-year continuous absence rule effectively requires periodic return.
Permanent residence holders may sponsor their spouse and unmarried minor children for F-2 (Residence) status. Family members on F-2 status have the right to engage in economic activities. After maintaining F-2 status for at least 2 years, family members may apply for F-5-4 (Family of Permanent Resident) permanent residence. Separate applications are required for each family member, including proof of the family relationship (marriage certificate, birth certificates) with apostille or consular authentication.
F-5 permanent residents are considered tax residents of South Korea. Residents who have lived in Korea for more than 5 years within the preceding 10-year period are subject to income tax on all worldwide income. Otherwise, only Korean-source income and foreign-source income remitted to Korea are taxable. Overseas pension income may be subject to Korean income tax depending on applicable bilateral tax treaties. South Korea has progressive income tax rates ranging from 6% to 45%. Permanent residents are automatically enrolled in the National Health Insurance system from the date of obtaining F-5 status, with premiums calculated at the same rate as Korean citizens.
Applicants must first hold a lawful visa status in Korea, which means entering on a valid visa (such as a short-term visit C-3 or other appropriate status) before applying for the status change. Applications are submitted in person at the regional immigration office with jurisdiction over the applicant's registered address. Reservations must be made through the HiKorea portal (hikorea.go.kr). The pension income verification covers the 12 months preceding the application date, and only pension income actually received is evaluated. Processing takes approximately 3 to 6 months. Upon approval, the applicant receives a permanent residence card valid for 10 years.
F-5 holders may apply for naturalisation (Korean citizenship) after meeting additional requirements including 5 years of continuous residence and Korean language proficiency. Any change of address must be reported to the immigration office within 14 days.
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Other Digital Nomad Visas in Asia
Country↑ | Program↕ | Income↕ | Investment↕ | Funds Required↕ | Capital Required↕ | Duration↕ | Dependants↕ | |
|---|---|---|---|---|---|---|---|---|
🇦🇿 Azerbaijan | Highly Skilled Migrant Programme | — | — | — | — | |||
🇦🇿 Azerbaijan | Investor Temporary Residence Permit | — | — | — | ||||
🇧🇭 Bahrain | Golden Residency Visa for Property Owners | — | — | — | ||||
🇧🇭 Bahrain | Golden Residency Visa for Talented Individuals | — | — | — | — | |||
🇧🇭 Bahrain | Self-Sponsorship Residence Permit (Investor) | — | — | — | ||||
🇧🇭 Bahrain | Self-Sponsorship Residence Permit (Property Owner) | — | — | — | ||||
🇧🇭 Bahrain | Self-Sponsorship Residence Permit (Retired Foreigner) | — | — | — | ||||
🇧🇩 Bangladesh | Investor Visa | — | — | — | ||||
🇧🇹 Bhutan | Digital Nomad Residence Programme | — | — | — | ||||
🇧🇹 Bhutan | Investor Card | — | — | — | ||||
🇰🇭 Cambodia | Cambodia My 2nd Home (CM2H) | — | — | — | ||||
🇰🇭 Cambodia | Retirement Visa (ER Extension of Stay) | — | — | — | ||||
🇨🇳 China | Permanent Residence Permit (Investment Category) | — | — | — | ||||
🇨🇳 China | Private Affairs Residence Permit (Entrepreneurship) | — | — | — | ||||
🇬🇪 Georgia | Investment Residence Permit | — | — | — | ||||
🇬🇪 Georgia | IT Residence Permit | — | — | — | ||||
🇬🇪 Georgia | Remotely from Georgia | — | — | — | ||||
🇬🇪 Georgia | Short-Term Residence Permit (Property Ownership) | — | — | — | ||||
🇭🇰 Hong Kong | Entry for Investment as Entrepreneurs | — | — | — | ||||
🇭🇰 Hong Kong | New Capital Investment Entrant Scheme | — | — | — | ||||
🇭🇰 Hong Kong | Quality Migrant Admission Scheme | — | — | — | — | |||
🇭🇰 Hong Kong | Top Talent Pass Scheme | — | — | — | ||||
🇮🇳 India | Permanent Residency Status for Foreign Investors | — | — | — | ||||
🇮🇩 Indonesia | Golden Visa (Global Talent) | — | — | — | ||||
🇮🇩 Indonesia | Golden Visa (Investor) | — | — | — | ||||
🇮🇩 Indonesia | Remote Worker KITAS | — | — | — | ||||
🇮🇩 Indonesia | Retirement KITAS | — | — | — | ||||
🇮🇩 Indonesia | Silver Hair Visa | — | — | — | ||||
🇮🇷 Iran | Investor Residence Permit | — | — | — | ||||
🇮🇷 Iran | Special Residence Permit for Non-Iranian Elites | — | — | — | — | |||
🇮🇶 Iraq | Investment Residency | — | — | — | ||||
🇮🇱 Israel | B/5 Investor Visa | — | — | — | ||||
🇮🇱 Israel | Innovation Visa for Foreign Entrepreneurs | — | — | — | ||||
🇯🇵 Japan | Business Manager Visa | — | — | — | ||||
🇯🇵 Japan | Designated Activities (Long Stay for Sightseeing and Recreation) | — | — | — | ||||
🇯🇵 Japan | Digital Nomad Visa | — | — | — | ||||
🇯🇵 Japan | Future Creation Individual Visa (J-Find) | — | — | — | — | |||
🇯🇵 Japan | Startup Visa | — | — | — | ||||
🇯🇴 Jordan | Annual Residence Permit Based on Bank Deposit | — | — | — | ||||
🇯🇴 Jordan | Citizenship by Investment | — | — | — | ||||
🇯🇴 Jordan | Residency by Investment | — | — | — | ||||
🇰🇿 Kazakhstan | A6 Investor Visa (Golden Visa) | — | — | — | ||||
🇰🇿 Kazakhstan | C5 Business Immigrant Visa | — | — | — | ||||
🇰🇿 Kazakhstan | Digital Nomad Residency | — | — | — | ||||
🇰🇿 Kazakhstan | Neo Nomad Visa | — | — | — | ||||
🇰🇿 Kazakhstan | Permanent Residence Visa for In-Demand Professions | — | — | — | — | |||
🇰🇼 Kuwait | Investor Residency Permit | — | — | — | ||||
🇰🇬 Kyrgyzstan | Digital Nomad Status | — | — | — | ||||
🇰🇬 Kyrgyzstan | Investment Visa | — | — | — | ||||
🇱🇦 Laos | Investor Visa (NI-B2) | — | — | — | ||||
🇱🇧 Lebanon | Annual Residence Permit (Cash Bond Deposit) | — | — | — | ||||
🇱🇧 Lebanon | Permanent Residence Permit (Financial Independence) | — | — | — | ||||
🇲🇴 Macau | Major Investment Temporary Residency | — | — | — | ||||
🇲🇴 Macau | Talent Recruitment Residence Permit | — | — | — | — | |||
🇲🇾 Malaysia | DE Rantau Nomad Pass | — | — | — | ||||
🇲🇾 Malaysia | Malaysia My Second Home (MM2H) | — | — | — | ||||
🇲🇾 Malaysia | Malaysia Tech Entrepreneur Programme (MTEP) | — | — | — | ||||
🇲🇾 Malaysia | Premium Visa Programme (PVIP) | — | — | — | ||||
🇲🇾 Malaysia | Residence Pass-Talent (RP-T) | — | — | — | ||||
🇲🇻 Maldives | Corporate Resident Visa | — | — | — | ||||
🇲🇳 Mongolia | Investor Visa | — | — | — | ||||
🇳🇵 Nepal | Residential Visa for Investors | — | — | — | ||||
🇳🇵 Nepal | Residential Visa for Persons of Exceptional Merit | — | — | — | — | |||
🇳🇵 Nepal | Residential Visa for Retirees | — | — | — | ||||
🇴🇲 Oman | Golden Residency Program | — | — | — | ||||
🇴🇲 Oman | Retiree Residence Card | — | — | — | ||||
🇵🇰 Pakistan | Business-Investor Visa | — | — | — | ||||
🇵🇰 Pakistan | Long-Term Residency (LTR) | — | — | — | ||||
🇵🇭 Philippines | Digital Nomad Visa | — | — | — | ||||
🇵🇭 Philippines | Special Investor's Resident Visa (SIRV) | — | — | — | ||||
🇵🇭 Philippines | Special Resident Retiree's Visa (SRRV) | — | — | — | ||||
🇶🇦 Qatar | Mustaqel Visa (Entrepreneur) | — | — | — | ||||
🇶🇦 Qatar | Mustaqel Visa (Talent) | — | — | — | — | |||
🇶🇦 Qatar | Real Estate Investment Residency | — | — | — | ||||
🇸🇦 Saudi Arabia | Entrepreneur Residency | — | — | — | ||||
🇸🇦 Saudi Arabia | Gifted Premium Residency | — | — | — | — | |||
🇸🇦 Saudi Arabia | Investor Residency | — | — | — | ||||
🇸🇦 Saudi Arabia | Real Estate Owner Residency | — | — | — | ||||
🇸🇬 Singapore | EntrePass (Entrepreneur Pass) | — | — | — | ||||
🇸🇬 Singapore | Global Investor Programme (GIP) | — | — | — | ||||
🇸🇬 Singapore | Overseas Networks & Expertise Pass (ONE Pass) | — | — | — | ||||
🇸🇬 Singapore | Tech.Pass | — | — | — | ||||
🇰🇷 South Korea | D-10 Job Seeker Visa | — | — | — | ||||
🇰🇷 South Korea | Immigrant Investor Scheme for Public Business | — | — | — | ||||
🇰🇷 South Korea | Permanent Residence for Overseas Pension Beneficiaries | — | — | — | ||||
🇰🇷 South Korea | Technology Startup Visa | — | — | — | ||||
🇰🇷 South Korea | Tourism and Leisure Facility Investment Immigration | — | — | — | ||||
🇰🇷 South Korea | Workation (Digital Nomad) Visa | — | — | — | ||||
🇱🇰 Sri Lanka | Colombo Port City Investor Visa | — | — | — | ||||
🇱🇰 Sri Lanka | Condominium Investment Visa | — | — | — | ||||
🇱🇰 Sri Lanka | Digital Nomad Visa | — | — | — | ||||
🇱🇰 Sri Lanka | Golden Paradise Residence Visa | — | — | — | ||||
🇱🇰 Sri Lanka | Individual Investor Residence Visa | — | — | — | ||||
🇸🇾 Syria | Investment Residency Permit | — | — | — | ||||
🇹🇼 Taiwan | Digital Nomad Visitor Visa | — | — | — | ||||
🇹🇼 Taiwan | Employment Gold Card | — | — | — | — | |||
🇹🇼 Taiwan | Entrepreneur Visa | — | — | — | ||||
🇹🇼 Taiwan | Investor Resident Visa | — | — | — | ||||
🇹🇼 Taiwan | Plum Blossom Card (Investment APRC) | — | — | — | ||||
🇹🇯 Tajikistan | Investor Visa (Category C) | — | — | — | ||||
🇹🇭 Thailand | Destination Thailand Visa (DTV) | — | — | — | ||||
🇹🇭 Thailand | Long-Term Resident Visa (Work-from-Thailand Professionals) | — | — | — | ||||
🇹🇭 Thailand | LTR Visa (Wealthy Global Citizens) | — | — | — | ||||
🇹🇭 Thailand | LTR Visa (Wealthy Pensioners) | — | — | — | ||||
🇹🇭 Thailand | Non-Immigrant Visa (Investment) | — | — | — | ||||
🇹🇭 Thailand | Non-Immigrant Visa O-A (Long Stay) | — | — | — | ||||
🇹🇭 Thailand | Non-Immigrant Visa O-X (Long Stay 10 Years) | — | — | — | ||||
🇹🇭 Thailand | SMART Visa S (Startup) | — | — | — | ||||
🇹🇱 Timor-Leste | Business Visa Class II | — | — | — | ||||
🇹🇱 Timor-Leste | Investor Residence Authorization | — | — | — | ||||
🇹🇷 Turkey | Citizenship by Investment | — | — | — | ||||
🇹🇷 Turkey | Digital Nomad Visa | — | — | — | ||||
🇹🇷 Turkey | Short-Term Residence Permit (Tourism Purpose) | — | — | — | ||||
🇹🇷 Turkey | Turkiye TechVisa (Startup) | — | — | — | — | |||
🇹🇷 Turkey | Turquoise Card | — | — | — | — | |||
🇹🇲 Turkmenistan | Investor Residence Permit | — | — | — | ||||
🇦🇪 United Arab Emirates | Golden Visa (Entrepreneur) | — | — | — | ||||
🇦🇪 United Arab Emirates | Golden Visa (Investor) | — | — | — | ||||
🇦🇪 United Arab Emirates | Golden Visa (Talented Individuals) | — | — | — | — | |||
🇦🇪 United Arab Emirates | Green Visa (Freelancer / Self-Employed) | — | — | — | ||||
🇦🇪 United Arab Emirates | Green Visa (Investor/Partner) | — | — | — | ||||
🇦🇪 United Arab Emirates | Job Exploration Visa | — | — | — | ||||
🇦🇪 United Arab Emirates | Retirement Visa | — | — | — | ||||
🇦🇪 United Arab Emirates | Virtual Work Residence Permit | — | — | — | ||||
🇺🇿 Uzbekistan | Golden Visa | — | — | — | ||||
🇺🇿 Uzbekistan | Investment Visa | — | — | — | ||||
🇺🇿 Uzbekistan | IT Visa | — | — | — | ||||
🇻🇳 Vietnam | Investor Visa (DT1-DT4) | — | — | — | ||||
🇻🇳 Vietnam | Special Visa Exemption Card | — | — | — | — |