What is the procedure for foreigners? investment in stocks and bonds in Korea?

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.