Question for F5 visa holders

I have a question for F5 visa holders.

Is it true that now the policy has changed and F5 visa has to be renewed every 10 years?

If yes, do you know the reason of such new policy?

Thanks

No- just the ID card.I have done it already.

My understanding that the new policy is mostly about keeping tabs on which F visa holders are still alive and in country...and making sure they photo isn't 40 years old :)

Article here: https://news.v.daum.net/v/20180911134043131

Google autotranslation

2 million won penalty for not renewing