Investment in the stock and bond market in Korea is completely open to foreigners. In order to trade on the stock market, the following procedure must be followed:
– Contract with a permanent agent of a security company;
– Issuance of an individual foreign investor number from the Financial Supervisory
Service;
(needed documents: copy of passport of the individual, company description and
company registration documents [corporate entity] );
– Opening of an account for securities in Korean and foreign currency at a foreign
exchange bank;
– Account at the security company.