BUYING GUIDE

A foreign buyer’s route to Korean ownership.

The practical order matters: eligibility, funding, contract, reporting, registration and post-closing tax.

Define buyer status

Residence, nationality, intended use and restricted-zone checks.

Prove the funding route

Bankability, overseas remittance and source-of-funds documents.

Verify before signing

Registry, seller authority, liens, occupancy and contract clauses.

Report the transaction

Real-estate and foreign-exchange reporting depends on buyer status.

Close and register

Coordinate settlement, acquisition tax, registration and ongoing tax.

OFFICIAL SOURCES

Start with the rulebook.

Invest Korea · Acquisition procedures Easy Law · Foreign acquisition MOLIT · Foreign transaction reporting update

General information only. Rules vary by nationality, residence, property and transaction structure. Confirm legal, tax, reporting, remittance and financing requirements with qualified Korean professionals before signing or transferring funds.