Buying property in South Korea

Member since 29 September 2008

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ChristineViP02 December 2011 09:20:03

42879

Hi,

can a foreigner buy property in South Korea?

If so, is it complicated? What is the process of purchasing a property in South Korea?

Any tips for buying property, such as a check-list of items to verify ?

Thanks in advance for participating!

Christine

naghma New member

Member since 22 January 2010

naghmaNew member06 December 2011 15:21:02

I would love to read responses to this query! Actually I've been working on a project that involves buying land and renovating a traditional house to make a music center. When I started in 2005 with the idea it was possible and relatively easy for a foreigner to buy. But, I heard a rumor of some laws changing related to foreigners buying. Sorry to not be of much help at this point, but wishing you all the best with your venture!