Jeju Island to Improve Real Estate Investment Immigration System to Revitalize Investment

Jeju Island is considering introducing a new real estate investment immigration system called the Real Estate and Local Development Bond Investment Immigration System to revitalize the real estate investment immigration market, which has been sluggish since the investment amount was increased from 500 million won (USD365,000) to 1 billion won (USD730,000) last May. Under the new system, foreign investors will be required to invest 500 million won in real estate and 500 million won in local development bonds, for a total investment of 1 billion won. This is a way to maintain the total investmen

• Jay (Min Jae) Kang 기자
• 2024-06-05 19:47