Movement of Business Persons  
     
 

The Chapter lays out the terms and extent to which citizens and permanent residents of one country can enter into the other country's territory for the purpose of doing business. It will facilitate the movement of 4 major categories of businesspersons:

(a) Service sellers;
(b) Short-term service suppliers;
(c) Traders and investors who are managers, executives or specialists; or
(d) Intra-corporate transferees who are employed as managers, executives or specialists.

Under the Chapter, citizens from the Korea and Singapore in all the above categories will be granted 90 days upfront stay when they visit each other's country.

Intra-corporate transferees, traders and investors will be granted entry for a period of up to two years, which may be extended for subsequent periods up to a total of eight years. Further extensions beyond eight years may be possible.