Legal Service for Foreign Corporations
Foreign-Invested Enterprises
Foreigners can possess general real estate (such as land, buildings, apartments, etc.) except for certain special types of real estate that are restricted from possession. If a foreigner invests a certain amount in specific types of real estate in designated areas, they can obtain a Resident (F-2) visa to stay in Korea.
If a foreigner who is not registered wishes to own real estate, they can obtain a registration number for foreign real estate registration to complete the registration. KIM & ASSOCIATES provides comprehensive services related to foreign real estate investment and registration.
KIM & ASSOCIATES has experience in handling various tasks, including the transfer of ownership registration and business registration for rental properties for overseas Korean buyers who are U.S. citizens, as well as the ongoing property retention reporting and registration of personal details changes for overseas Koreans who lost their Korean nationality upon acquiring Australian citizenship.