There is another visa called the F2-99 which is specifically for E2 visa holders that have been here for longer than 5 years, on the same visa.
I talked to immigration recently about who qualifies and this is what I can remember:
- 5 or more years on the same E2 visa.
- W30 million won in the bank (Your rental deposit counts towards that amount)
- A contract or proof of income (W25 million a year)
- Korean Criminal background check
- Level 2 or higher on the Korean Language Proficiency test
Note that this is NOT the same as the point system under the F2-7, so you don't need a Korean sponsor. Bad news is that a friend of mine tried applying last year, and the rumors he heard was that Immigration was already clamping down because of too many applications.
They made him jump through all kinds of hoops (Employer financial records and letters by sponsors and the like) before the officer in charge of his application eventually decided not to submit it. Nice.....
Andre - Thanks for this info. I hadn't heard of it. I'd be interested to know of others who've tried to get this visa... It surprises me how much current visa information is only available through hearsay...
You're welcome. I would also be interested in other people who have applied. I am preparing to apply at the end of this year, so any information would be helpful.