Jeju Island is a self-governing island located in the Korea Strait. Foreigners mainly get attracted to its waterfalls, clear water, low crime rates, peaceful atmosphere, and UNESCO World Heritage Sites.
With a population of only around 660,000 people, this small island attracts more than 15 million visitors a year, which is kind of astonishing.
Thanks to its visa-friendly policies and the ease of getting permanent residency, Jeju Island has sprung to become the top choice for foreign investors in Asia.
In this article, I explain the basics you need to know when buying real estate as a foreigner on Jeju Island.
- Jeju Island’s Real Estate Market
- Political Issues
- Where should I buy property on Jeju Island?
- Jeju Island Visa Regulations
- Property Prices
Jeju Island’s Real Estate Market
Jeju Island was previously considered a great market for investments in hospitality properties, including resorts, villas, and vacation homes. Continue reading Buying an Apartment or House on Jeju Island: A Foreigner’s Guide