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What are the regulations for entry and exit supervision in Korea?
What are the regulations for entry and exit supervision in Korea?
1. What are the regulations on immigration supervision?
Immigrants who buy a house in Jeju Island have no immigration supervision, as long as investors have a record of going to South Korea once a year.
2. What are the requirements for the amount, source and investment method of investment funds?
You can get an F2 residence visa if you buy a property of more than $500,000 in Jeju Island, South Korea. It should be noted that the purchased real estate must be the real estate in the development area approved by the Governor of Jeju according to Article 229 of the Special Law on the Establishment of Jeju Special Autonomous Road and the Development of International Free City. Most of these properties are leisure apartments, resorts, family hotels, villas and so on.
Property purchased in Jeju Island must be kept for 5 years. During these five years, the property shall not be rented for a long time or sold at will. You can apply for a permanent residence visa through F5 after holding the property for 5 years.
Housing immigrants in Jeju Island do not need proof of assets and sources of funds.
Why is Jeju Island real estate hot?
Jeju Island is the region with the most significant growth of foreign residents in Korea. On the one hand, it benefits from the attraction of superior natural conditions, and more importantly, the successful implementation of Korean real estate investment immigrants here since 20 12.
The growing population has driven the sustained and rapid development of Jeju Island's economy and real estate. With the growth of residential self-occupation and investment demand, the residential price in Jeju Island has increased by 44% compared with 2008, which is twice the average increase in South Korea, and the premium rate of land auction is the first in South Korea.
Customers who own Korean investment immigrant real estate in Jeju Island will invest in other real estate projects with more convenient status and conditions.
As of the end of September this year, statistics show that foreigners hold * * * 242 1 apartment in Jeju Island, covering an area of about 352,937 ㎡.
From the perspective of countries and regions, China people hold 1786 sets (267,000 square meters), accounting for 73.8% of the total foreign ownership, ranking first. Followed by 290 sets in the United States (12%), 79 sets in Taiwan Province Province of China (3.3%) and 73 sets in Japan (3%).
According to the type of property held, apartments and other accommodation facilities 1.496 sets, accounting for 6 1.8%. Followed by * * * apartment 45 1, single apartment 262, attached living facilities 102, commercial and residential 78, others 32.
In particular, 1 and 42 1 apartments, which account for 95% of the accommodation facilities, are all properties that can obtain Korean immigration status.
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