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
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