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      Chinese top foreign property buyers in ROK  

      “中國大媽”掀韓國購房熱潮 成為最大手筆買主

      以“中國大媽”為首的投資者轉戰韓國,尤其是在濟州島購房獲永居政策的吸引下,中國已成為韓國土地市場最大手筆的買主,韓國房市上的缺口正由中國投資者彌補。 [查看全文]
      2013-09-22 15:59 Ecns.cn Web Editor: Yao Lan
      1

      (ECNS) -- Chinese people have emerged as the largest group of foreign buyers of real estate in the Republic of Korea (ROK), according to a report released Sunday by local media.

      The overseas house-buying spree initiated by Chinese housewives has swept the world, and the ROK, with its favorable investment immigration policy, has emerged as a fresh destination for Chinese property buyers.

      Official statistics show that in the first quarter of this year, buyers from China acquired a total of 5.70 million square meters of land in South Korea.

      According to an ROK immigration policy launched in 2010, foreigners who invest at least 500 million South Korean Won (461,000 US dollars) in leisure properties on Jeju Island can be granted permanent residency. The policy has attracted huge amounts of investment from China.

      As of March this year, the land area acquired by Chinese people on Jeju Island has jumped from 9,000 square meters in 2010 to 485,000 square meters.

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