The process and cost of Korean immigrants buying Jeju Island real estate.

Hello, the following information is for your reference.

Conditions for applying for immigration:

1. Invest 500,000 US dollars or more than 500 million won to purchase Jeju Island real estate located in the development area approved by the governor according to Article 229 of the Special Law on the Establishment of Jeju Special Autonomous Road and the Development of International Free Cities, as well as accommodation facilities such as holiday-style holiday apartments, resorts, family hotels and villas for the purpose of recuperation.

2. No business background, no age limit, no education and language ability limit, no asset certificate, no source certificate and no physical examination.

3. If one person applies, both spouse and children (unmarried) can enjoy the right of abode.

Immigration materials:

Passport, 2-inch photo, proof of kinship (notarized), marriage certificate, birth certificate of children, proof of payment (UnionPay card statement).

Processing flow:

After signing the house purchase contract (the total price exceeds 700 million won), you can apply for Korean immigration immediately without waiting for the real estate license. Customers who exceed 500 million but not more than 700 million need to wait until they get the real estate license (it takes about 2-3 weeks) to apply for immigration. The whole process was entrusted by Warwick Company.

First apply for a three-year F2 visa, then extend it for two years, and finally change the permanent residence right of F5.

Cost required:

The F2 visa was applied for 60,000 won for the first time and extended by 30,000 won.

Apply for F5 visa 50,000 won.

The above information comes from Fang Tao Jeju Island. If you want to see the latest real estate policies and news, you can also pay attention to it.

I hope I can help you.