Point System Items and Point
■ Requirements for Start-Up Visa
◦ (Previous) Bachelor degree + corporation establishment + intellectual property ownership or equivalent
technology
◦ (Revised) Bachelor degree + corporation establishment + people with 80 or more out of total 340 points
(at least one prerequisite item should be included)
■ Details
① Prerequisite Items and Points (210 Points) : At least one item is required
② Selective Items and Points (130 Points)
<Exemplification>
① Complete the intellectual property class (basic course) (OASIS-1)
② Complete the intellectual property class (advanced class) (OASIS-2)
③ Complete the start-up class (OASIS-4)
④ Complete the start-up coaching and mentoring (OASIS-5)
⑤ receive first through third prize at invention, start-up exhibitions (OASIS-6)
⑥ graduat from start-up incubator (OASIS-7)
⑦ foreigner's business start-up item recognized by the Minister of Justice or selected as a central or local government-supported
business(OASIS-9)
<Reference>
When more than two people own, (registers), applies for intellectual property or participates (are selected) in OASIS-6 and OASIS-9
the points divided by the number of participants are recognized
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Overall Assistance for Startup Immigration System(OASIS)
■ OASIS-1 Intellectual Property Class (Basic Course)
◦ (Objectives) Provide basic courses required toacquire (apply for) intellectual property rights and required
to stay in Korea
◦ (Details) Total of 18 hours (2-3 hours a day, 2 weeks) all courses are provided in Englich and a minimum 80% of attendance is required for course completion
◦ Schedule in 2014
■ OASIS-2 Intellectual Property Class (Advanced Course)
◦ (Objectives) Provide the advanced courses necessary to acqure (apply for) intellectual property rights and
required to stay in Korea
◦ (Details) total of 18 hours (2-3 hours a day, 12 days) all courses are provided in English and a minimum 80%
of attendance is required for course completion
■ OASIS-3 Intellectual Property Application Support
◦ (Objectives) Support of the intellectual property application fee for outstanding items with creativity among
those who complete the basic courses
◦ (Details) provide within the fee range for application and written opinion submission within the entire
application procedure (50%), one time per person, and only for patent, utility model and design(except for
trademark)
* ①, ② is supported and ③, ④ is at private expense (support within 50% of the total application fee)
■ OASIS-4 Start-up Class
◦ (Objectives) Basic start-up course for foreigners who are equipped with basic technologies for business
start-up
◦ (Details) total 20 hours (two hours a day, 3 weeks), all lectures are provided in English, and a minimum 80%
of attendance is required for course completion
■ OASIS-5 Start-up Coaching and Mentoring
◦ (Objectives) expert coaching and mentoring on those issues required for start-up including location
selection, market survey, and consumer analysis
◦ (Details) minimize start-up failure rate early on through one-on-one coaching from start-up
immigration mentor or experts, experience sharing and site visit
☞ Minimum 3 month long mentoring and one-on-one coaching is recognized as points
■ OASIS-6 Invention, Start-up Exhibition
◦ (Objectives) find opportunities to identify foreigner creative intellectual property ideas and start-
up items, open sales channels and connect invstors, etc.
◦ (Details) find opportunities to identify immigrant preliminary technology-related start-up
outstanding invention and start-up items, and for technology transaction and investment
counseling etc.
■ OASIS-7 Graduation from Start-up Incubation (Provide a Space for Start-up)
◦ (Objectives) Provide stable start-up environment by giving the required space to individuals who
are prepared for start-up.
◦ (Details) provide a space for initial start-up to individuals who have completed creation of
intellectual property, start-up support programs with outstanding performance or those who have
received awards at invention, start-up exhibitions.
☞ The six-month time period after moving in the start-up incubation is considered graduation.
■ OASIS-8 Graduation from Start-up Incubation (Provide a Space for Start-up)
◦ (Objectives) Support establishment of corporation, imperative to achieve start-up visa for
successful start-up immigration.
◦ (Details) Support preparation procedure and administrative affairs for corporation establishment
to help foreigners obtain a start-up visa.
☞ Comprehensive assistance in administration and corporate registration required to establish
corporation.
■ OASIS-9 Support Start-up Item Commercialization
◦ (Objectives) promote successful start-up immigration with policy support of those issues required
early on.
◦ (Details) provide initial commercialization expenses, connet with R&D, post management, etc .
☞ Select individuals who are to start up a business or who have at least one year in business after a
start-up among those with start-up visas