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. Who are 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 Securities prescribed in the Securities Transactions Act including stock index futures and options traded in the market opened by the Korea Stock Exchange. Commercial Paper Commercial Bill Trade Bill Certificate of Deposits Cover Bill Bills issued by investment banks Investment Procedure KRW Stock Investment Please follow the directions below : Please apply for the issuance of a certificate of investment registration. --> Where to go to apply for it? The Capital Market Supervision Department of the Financial Supervisory Service or the Brokerage Firm you have an account with. (* A resident-alien doesn't have to issue a certificate of investment registration) Please sign a standing agent deal with a brokerage firm and then open an account for stock bid & ask orders. Please open an account with Korea Exchange Bank. Open two accounts for stock buying and selling: Foreign Currency Account and 'Non-resident KRW Account'. Remittance of Investment Fund Are you foreign investors willing to invest in Korean stock market? If you say "Yes", please open and remit investment fund into a foreign currency account with KEB for stock buying and selling. Bid Orders to A Brokerage Firm Do you intend to remit fund to acquire stocks? Please submit 'Stock buying and selling report ', 'Notification Form for the Acquisition of Newly-Issued Stock' or other documents verifying reasons of stock acquisitions and amount. Ask Orders to A Brokerage Firm Do you intend to remit fund accrued from the sale of stocks? Please first deposit the fund into the 'Non-resident KRW Account' you opened for stock buying and selling transactions. Overseas Remittance of Proceeds on Stock Investment If you want to make an overseas remittance of proceeds on stock investment, please transfer the fund from a 'Non-resident KRW Account' to a 'Non-resident Foreign Currency Account' and then make an overseas remittance.