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
여수시 지정현황 정보를 제공하며 대상지역, 투자대상, 시행기간 항목으로 구성된 표
Area Object Implementation term
Maritime tourism complex Kyung-do, Yeosu City, Cheonnam [Proximities of Daekyung-do, Kyungho-dong, Yeosu City, Cheonnam]
  • Resort condominium according to implementation enactment of Construction Law (Phrase 'B' Section 15 in Appendix 1) and Tourism promotion law(Clause 1 and 2 of Article 3)
  • General accommodation facility and living accommodation facility according to implementation enactment of Construction Law (Phrase 'A' Section 15 in Appendix 1)
01.04.2013 - 30.04.2023
Hwayang District Yeosu City, Cheonnam [Proximities of Jangsu-ri, Hwayang-myeon, Yeosu City, Cheonnam]
  • Resort condominium according to implementation enactment of Construction Law (Phrase 'B' Section 15 in Appendix 1) and Tourism promotion law(Section 2 Clause 1 of Article 3)
  • General accommodation facility and living accommodation facility according to implementation enactment of Construction Law (Phrase 'A' Section 15 in Appendix 1)
  • Tourism pension according to implementation enactment of Construction Law (Phrase 'D' Section 15 in Appendix 1) and Tourism promotion law(Section 7 of Article 3)
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

다음

Step 2, Agreement·Acquisition of investment product

Should be verified for investment with foreign capital

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Step 3, Investment confirm and change to F-2 residential qualification

Need to change F-2 after investment completion

다음

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