Indirect Investment

Korea's capital market opening and foreign exchange liberalization measures set the stage for more foreign
investors to invest in Korean stock market through domestic stock brokerage firms.

Foreign investors

  • Non-resident Korean national who has citizenship with a foreign country
  • Resident Foreigner guaranteed to remit investment fund overseas

Equities eligible for the investment

  • Non-resident Korean national who has citizenship with a foreign country
  • Commercial Paper
  • Commercial Bill Trade Bill
  • Certificate of Deposits
  • Cover Bill Bills issued by investment banks

Investment amount and rate

The copy of a certificate of investment registration (when investor open an account for the first time,
and change an account)
  • only for Securities prescribed in the Securities Transactions Act including stock index futures and options traded in the
    market opened by the Korea Stock Exchange.
  • Power-of-attorney (when a procurator open an account)
Declaration of foreign exchange
  • In case investor carried foreign currency into Korea
    A certificate of investment registration is issued by The Capital Market Supervision Department of the Financial Supervisory
    Service. (Passport, application for the issuance of a certificate of investment registration)

Flow chart

  • STEP 01.

    Foreign Investor

  • STEP 02.

    Financial Supervisory Service

    STEP 02.

    Brokerage Firm

  • STEP 03.

    IBK

  • STEP 04.

    Brokerage Firm

STEP 01.
  • Foreign Investor
    (Procurator)
STEP 02.
  • A certificate of investment
    registration open an
    account for stock bid &ask orders.
STEP 03.
  • Open foreign currency account
  • Open non-resident KRW account
  • Open foreign currency account under the name
    of a brokerage firm
STEP 04.
  • Stock buying and selling report

Foreign investors

  • Foreign Investment Center 82-2-729-7902, 7208