The Ultimate Guide to the Startup Korea Special Visa (D-8-4(S)): Application & Evaluation Process

1. Background of the Startup Korea Special Visa

To actively attract promising global entrepreneurial talent and foreign startups, the Korean government has introduced the Technology and Business Startup Visa (D-8-4(S)), commonly known as the Startup Korea Special Visa.

Unlike traditional visas, the government issues this special visa based on an official recommendation from the Ministry of SMEs and Startups (MSS) following a thorough evaluation of a startup’s feasibility and innovativeness. The existing Technology Startup Visa (D-8-4) remains in place, with the new D-8-4(S) serving as a powerful, more accessible alternative.

2. Key Features of the D-8-4(S) Visa

① Recommendation-Based Issuance (No OASIS Required)

We are actively removing rigid quantitative barriers. A screening committee of private-sector experts evaluates your startup’s feasibility and innovativeness. If successful, the MSS issues a recommendation letter. Notably, applicants are entirely exempt from academic degree requirements and the complex OASIS point system.

② Pre-Incorporation Visa Issuance

Foreign founders can apply for and receive the visa before officially establishing an entity in Korea, provided they complete the incorporation within six (6) months of visa issuance.

③ Apply Directly from Overseas

There is no prior residency requirement. Overseas residents can conveniently apply for and receive this entry visa directly through their local Korean embassy or consulate.

3. Step-by-Step Issuance Process

StepItemSubmission / Evaluation MethodResponsible Party
1. ApplicationApplication form, business plan, etc.K-Startup Portal / GSC WebsiteApplicant
2. EvaluationEligibility, feasibility, innovativenessDocument & Presentation ReviewScreening Committee
3. RecommendationNotification via mobile/emailIssuance of Recommendation LetterMSS
4. Visa ApplicationSubmit required visa documentsVisit Immigration or Overseas EmbassyApplicant
5. Visa IssuanceFinal visa screeningImmigration Office / EmbassyMOJ (Immigration)

4. Qualifications and Exclusions

✅ Eligibility Requirements (Must meet all)

  • The applicant must be a non-Korean national serving as the Representative of a startup.
  • Note: Generally, only one representative may apply. However, up to three co-representatives may apply separately if they meet specific criteria (e.g., K-Scouter recommendation).
  • The startup must have been operating for seven (7) years or less (or ten (10) years or less for designated new industry startups).
  • The business must qualify as a technology or new industry startup. (General trade, distribution, and food services are strictly excluded).

❌ Exclusion Criteria

  • Business Types: General entertainment bars, gambling facilities, or businesses violating public morals.
  • Financial/Legal Issues: Individuals or entities in default, in arrears with national/local taxes, or listed as employers with unpaid wages.

5. Application Timeline and Submission

Applications are currently being accepted on a rolling basis (starting from December 2024), with evaluations typically conducted on a monthly basis.

  • How to Apply: Submit online via the official portal: https://airtable.com/appkd63wQDUOCZTXj/pagfG6KRvMhurBowl/form
  • Required Documents:
    • Recommendation application form & Business plan
    • Copy of passport or alien registration certificate
    • Corporate/Business registration certificate (if already established)
    • Consent to personal information collection
    • Note: These documents are for the MSS evaluation. Additional documents will be required by Immigration for the actual visa issuance.

6. Evaluation Metrics: How You Will Be Assessed

The screening committee conducts a comprehensive evaluation comprising a document review and a 10-minute presentation followed by a 5-minute Q&A (in-person or via video conference).

Here is exactly how your business plan will be scored (Total: 100 Points):

Evaluation IndexDescriptionPoints
1. Problem RecognitionBackground, necessity, and target market analysis.10
2. Feasibility & DifferentiationDevelopment status, technical realization, and competitive edge.20
3. Growth StrategyPast performance, scale-up strategy, and fund management plan.30
4. Team CapabilitiesStartup team formation, expertise, and sustainability.20
5. Korean Market EntryEntry strategy, incorporation plan, and economic contribution to Korea.20

📌 Appendix: Designated New Industry Sectors

Startups operating for 7 to 10 years are only eligible if they fall under one of these 27 high-tech sectors:

  1. Artificial Intelligence (AI)
  2. Big Data
  3. 5G+
  4. Blockchain
  5. Service Platform
  6. Immersive Content
  7. Intelligent Robots
  8. Smart Manufacturing
  9. System Semiconductor
  10. Autonomous Vehicles
  11. Hydrogen Fuel Cell Vehicles
  12. Biotechnology (Bio)
  13. Medical Devices
  14. Functional Food
  15. Drones / Personal Mobility
  16. Next-generation Ships
  17. Disaster / Safety Tech
  18. Smart City
  19. Smart Home
  20. Renewable Energy
  21. Secondary Battery
  22. Carbon Capture, Utilization, and Storage (CCUS)
  23. Resource Circulation & Energy Recycling
  24. Space Tech
  25. Next-Generation Nuclear Power
  26. Quantum Technology
  27. Cybersecurity

Please check the site below for accurate information.
https://www.startup-korea.com/programs/korea-startup-visa

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