Case: 

High Asset client looking for investment immigration option, which would work as a deposit program and allow him to apply for an immigration status.

Brief Facts: 

Investing in Korean Fund Program, the invested asset can be withdrawn at any point of the application. When the investment has completed a 6-year term, client will be granted with a F-5 permanent Visa. The investment capital will be held by Korean Government during the investment term, which means the financial information exchange will not be apply to that money.

Our Approach: 

GLOBEVISA assisted client set up 2 bank accounts including a USD account and a Korean Wan Account. And the investment fund of USD 450K was wired to the accounts. The bank then transfers the money to the Korean Government.

Result: 

Due to personal reasons, the client withdrawn his investment before the first year completed, therefore the total timeframe countdown had to be restart, but his asset was not affected by the exchange of information back in 2017-18. His resubmitted his investment to the government in Next year February and continue his visa status and program.