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Individuals
with foreign
nationality |
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| |
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Judicial
entities
incorporated
in accordance
with laws
of other
countries |
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| |
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Agencies
representing
foreign
governments
in international
economic
cooperation |
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International
organizations
extending
development
financing
or foreign
investment
(IBRD,
ADB, IFC,
etc.) |
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Purchase
by foreigners
of shares
or equities
of Korean
companies
worth
USD 4.17
million
or more
(share
purchase
price
or per
capital
investment
in case
of joint
investment
involving
more than
2 entities)
- Possession
of 10/100
or more
of issued
stocks
or equities
of corporations
- Appointment
or dispatch
of executives
by foreigners
holding
shares
of Korean
companies,
1 year
or
longer
material
or product
supply
(procurement)
agreements,
or technology
transfer
or joint
re- search
arrangements
(applicable
to entities
with less
than 10/100
equity
ownership) |
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Loan
due in
5 years
or longer
extended
by parent
companies
overseas
or other
companies
who have
more than
50/100
of the
shares
or equities
of the
parent
companies
to foreign-invested
firms |
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Companies
invested
by foreign
investors |
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Persons
operating
facilities
intended
to improve
foreign
investment
environment
such as
schools
or hospitals
for foreigners,
or startup
business
incubation
center
for foreign
investors |
|
Definition
of Foreigner(Article
2 of the Act on Foreign Investment
Promotion, Article 2 of the Enforcement
Decree thereto)
