Korea's first FDI advisory platform for Western investors
KoreaRoots connects foreign investors with affordable rural Korean properties and guides them through every step — from finding the right property to holding a D-8 business investment visa. No Korean experience required.
What we do
Find
Curated rural property listings — title-verified, D-8 assessed, and priced for foreign investors.
Structure
FDI declaration, Korean business entity setup, and full legal structuring through partner law firms.
Secure
D-8 visa application, STR launch, ongoing property management, and a pathway to permanent residency.
Why rural Korea?
South Korea has over 1.5 million abandoned rural properties. The government actively incentivizes their redevelopment through grants and subsidies. For foreign investors, these properties offer entry at a fraction of urban prices — often under $100K — while qualifying for a business investment visa. It's one of the most accessible paths to Korean residency that most people have never heard of.
Who's behind KoreaRoots
Foreign investor trust on one side, deep rural Korean access on the other. No other team holds both.
Steve Wagner
Co-Founder and CEO
- American entrepreneur, F-4 visa holder
- 6+ years continuous residence and business operation in Seoul
- Founded Shared Homies — Seoul's largest English-language international co-living network
- 750+ international residents housed over 6 years
- 50+ rooms under active management
- Consistent 90%+ occupancy rate
- Former Samsung executive English trainer
Danny Hong (\uD64D\uAD00\uD638)
Co-Founder and Korea Operations
- Korean serial entrepreneur
- Founded GMMC (주식회사 지엠엠씨) — medical device manufacturer with globally exported products
- Awarded by KITA, KICOX, and the Korean Parliament
- Featured in JoongAng Ilbo (Korea's second-largest national newspaper)
- Deep relationships with rural community centers (마을회관) across multiple provinces
- 2+ years living in rural Korea firsthand
- Fully bilingual (English and Korean)
Key terms explained
Korean property investment comes with unfamiliar terms. Here's everything in plain English.
FDI — Foreign Direct Investment
LegalThe legal framework that lets foreigners invest in Korea
Foreign Direct Investment (FDI) is the formal mechanism by which non-Korean citizens can invest money into a Korean business or property. Korea actively encourages FDI under the Foreign Investment Promotion Act (ìŸêµì¸í¬ìì´ì§ë²).
To qualify as FDI — and unlock visa eligibility — your investment must be: • At least ₩100,000,000 (approximately $75,000 USD) • Structured through a registered Korean business entity (법인) • Declared to the relevant government authority before the purchase closes
KoreaRoots handles the full FDI structuring process. You don’t need to understand the legal mechanics — that’s what we’re here for.
D-8 Visa — Business Investment Visa
VisaYour legal right to live in Korea as a foreign investor
The D-8 visa is South Korea’s business investment visa, issued to foreigners who make a qualifying FDI investment in a Korean company.
Key facts: • Requires a minimum ₩100,000,000 investment registered through government-approved channels • Grants 2-year residency in South Korea, renewable • Allows you to manage and operate your business in Korea • Family members can be added as dependents on an F-3 visa • After maintaining the visa, you can apply for F-2 long-term resident status
The D-8 is a legitimate, stable route to building a life in Korea as a business owner. Many of our clients use it as a stepping stone toward F-5 (permanent residency) over a 5–10 year horizon.
F-2 Visa — Long-Term Resident
VisaThe next step after the D-8 — more flexible, long-term Korean residency
The F-2 visa is South Korea’s long-term resident visa. It’s a significant upgrade from the D-8 because it isn’t tied to a specific business investment — you can work, run a business, or live in Korea without restrictions on the type of activity.
How you get there from a D-8: • Maintain your D-8 visa and registered business in good standing • Accumulate enough points under Korea’s points-based system — factors include Korean language ability, income, age, and time in the country • Most D-8 holders qualify for F-2 consideration after 3–5 years
Key advantages of F-2 over D-8: • Not tied to a minimum investment amount • Allows employment for any company, not just your own • Easier to renew — less dependent on business performance • Stepping stone to F-5 (permanent residency) after 5 years on F-2
STR — Short-Term Rental
BusinessYour property earns income while you're back home — keeping your visa alive
A Short-Term Rental (STR) means renting your renovated property to guests for short stays — nights, weekends, or weeks — on platforms like Airbnb, Booking.com, and Korean platform Wehome.
You don’t have to be in Korea to run it. KoreaRoots acts as your on-the-ground property management team. We handle listing management, guest communication, check-ins, cleaning, and maintenance. You receive a monthly income report and your share of the revenue.
Why STR? • Higher returns — nightly rates in scenic rural areas outperform long-term lease yields • Visa compliance — your D-8 renewal requires proof of business revenue within 2 years. STR creates a clean, verifiable paper trail • Flexibility — block off dates to visit and use the property yourself
STR in Korea requires a tourism business registration (관광사업자등록). KoreaRoots handles this as part of the launch process.
MOLIT — Ministry of Land, Infrastructure and Transport
GovernmentThe Korean government body that oversees property transactions
MOLIT (국토교통부) is the South Korean government ministry responsible for land ownership, property registration, construction permits, and real estate transactions.
When a foreigner buys property in Korea, MOLIT is where the title transfer is registered. They also oversee rural revitalization programs and issue renovation permits.
In practice, you won’t deal with MOLIT directly. Your Korean attorney and our advisory team submit the required filings on your behalf.
법인 (Beop-in) — Korean Business Entity
LegalPronounced: “bup-een”
The Korean company you'll own — required for FDI and your visa
A 법인 is a Korean corporation — the legal entity through which your investment is structured. Think of it as a Korean LLC.
Why you need one: • FDI must flow through a registered Korean business entity • The D-8 visa is issued to someone who owns/operates a Korean 법인 • STR revenue is earned by the 법인, creating the paper trail for visa renewal
KoreaRoots handles the full registration process — articles of incorporation, tax registration, and bank account setup guidance.
Legal & Compliance
- KoreaRoots does not operate as a licensed real estate agent (공인중개사). We are an FDI advisory and concierge platform.
- All property transactions are facilitated through partner law firms and licensed Korean entities.
- D-8 visa filing is coordinated through partner immigration law firms — KoreaRoots does not practice law directly.
- STR income for clients flows through Wehome (government-certified) to remain legally compliant for foreign owners.
Ready to explore?
Browse available properties or see the full process from search to visa.