What is real estate investment green card system?
Qualify the residence for the foreigners who invested more than 500 million Won at the resort facilities noticed by the minister of Justice and grant the green card (F-5) for maintaining the investment for 5 years
Objects designated by Yeosu City
Area | Object | Implementation term |
---|---|---|
Maritime tourism complex Kyung-do, Yeosu City, Cheonnam [Proximities of Daekyung-do, Kyungho-dong, Yeosu City, Cheonnam] |
|
01.04.2013 - 30.04.2023 |
Hwayang District Yeosu City, Cheonnam [Proximities of Jangsu-ri, Hwayang-myeon, Yeosu City, Cheonnam] |
|
11.07.2016-10.07.2021 |
Investment procedure
Step 1, Pre evaluation
Support the investment procedures by evaluating the investor's qualification of residing beforehand
Step 2, Agreement·Acquisition of investment product
Should be verified for investment with foreign capital
Step 3, Investment confirm and change to F-2 residential qualification
Need to change F-2 after investment completion
Step 4, Investment attraction condition
Not allowed for investment maintaining in case of putting security, seizure and loan
Query on real estate investment green card system
- Website: www.visa.go.kr
- Investment immigration center in Ministry of Justice: +82)32-740-7888
- Foreigner general information center: Direct, 1345
- Yeosu Immigration control‧foreigner office in Ministry of Justice: +82)61-689-5511
- e-government for foreigners:www.hikorea.go.kr