F-2/F-5 real estate investment scheme (Jeju/Incheon)
Standard Korean rates. No CGT on Jeju/Incheon property for qualifying investments Limited to specific development zones. Jeju free international city has special rules.
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Key Details
Stay Requirements
Jeju/Incheon real-estate investment scheme: F-2 holding the qualifying property has no fixed minimum stay; F-5 PR after 5 yrs needs residence
medium confidenceHighlights
- No capital gains tax on Jeju/Incheon properties
- Fast processing time of 4 months
- Investment limited to designated development zones
- Pathway to permanent residency
- Minimum stay requirement is 0 days
What could change
Changes in local government policies could affect investment zones.
Tax Notes
South Korea employs a worldwide tax system. No capital gains tax on Jeju/Incheon properties for qualifying investments.