Real Estate Immigration
Guide to obtaining Korean permanent residency (F-5) through real estate investment
Real Estate Investment Immigration System
The real estate investment immigration system grants Korean residency status to foreigners who invest above a certain amount in designated real estate (resort condos, resorts, pensions, etc.) in specific areas designated by the Ministry of Justice, and grants permanent residency (F-5) after maintaining the investment for 5 years.
Since there are no separate business operation or employment requirements, it is a suitable immigration route even for investors without business experience.
Investment Requirements
Investment Amount
KRW 500 million+ in designated real estate (KRW 700M or 1.5B depending on region)
Investment Target
Resort condominiums, resort memberships, tourist pensions in areas designated by the Ministry of Justice
Investment Maintenance
Minimum 5-year investment maintenance (no sale or transfer)
Residency Status
F-2 (Residency) status upon investment, F-5 (Permanent) conversion after 5 years
Designated Investment Regions
The following are regions designated for real estate investment immigration by the Ministry of Justice. (Regions and amounts are subject to change.)
Jeju Special Self-Governing Province
KRW 500M+
Gangwon-do (Pyeongchang, Jeongseon, etc.)
KRW 500M+
Jeonnam (Yeosu, Haenam, etc.)
KRW 500M+
Gyeongbuk (Yeongdeok, Uljin, etc.)
KRW 500M+
Chungnam (Taean, Boryeong, etc.)
KRW 500M+
Incheon (Jung-gu, Yeongjongdo)
KRW 700M+
Procedure
Consultation & Property Selection
Select and contract investment property in designated area
Fund Transfer & Property Acquisition
Transfer investment funds from overseas, sign purchase agreement and register
Residency Status Application
Apply for F-2 (Residency) status change at immigration office
5-Year Investment Maintenance
Maintain investment status and annual stay extension
F-5 PR Application
Apply for F-5 permanent residency status change after 5 years
Important Notes
- - Selling the property within 5 years may result in revocation of residency status.
- - Investment maintenance obligation remains even if the property value declines.
- - Designated regions and minimum investment amounts may change per Ministry of Justice notices.
- - Property acquisition taxes (acquisition tax, property tax, etc.) are separate.
Related Services
Real Estate Immigration Consultation
From investment region selection to PR acquisition, our professional agents guide you.
Request ConsultationFrequently Asked Questions
Which regions qualify for real estate investment immigration?
Designated regions include Jeju Island, Pyeongchang Alpensia, Yeosu Gyeongdo, Incheon Yeongjongdo, and Busan Haeundae, among other government-designated investment immigration zones.
What is the minimum investment amount?
An investment of KRW 500 million or more (based on Jeju Island) in designated real estate such as resort condominiums is required. The minimum amount may vary by region.
Is permanent residency maintained if the property is sold?
If the property is sold during the F-2 residence visa stage, the visa may be revoked. After obtaining F-5 permanent residency, the investment maintenance obligation is relaxed.