Community Guide

Useful information and guides about Korean real estate and living

Living Guides

Check all the information you need for real estate transactions and living in Korea

Korean Real Estate Contract Guide
Contract Information10 min

Korean Real Estate Contract Guide

Essential information and precautions for Jeonse, monthly rent, and purchase contracts.

Seoul Area Living Guide
Area Information15 min

Seoul Area Living Guide

Information on characteristics and living amenities of major areas like Gangnam, Hongdae, and Itaewon.

Living Tips for Foreigners
Living Tips8 min

Living Tips for Foreigners

Useful living tips and cultural differences to know when residing in Korea.

Real Estate Investment Guide
Investment Information20 min

Real Estate Investment Guide

Investment strategies and return analysis methods for the Korean real estate market.

Moving Checklist
Moving Information12 min

Moving Checklist

Step-by-step organization of procedures and preparations needed when moving in Korea.

Deposit Management Guide
Financial Information18 min

Deposit Management Guide

Detailed guide on managing Jeonse and deposits, and refund procedures.

Frequently Asked Questions

What's the difference between Jeonse and monthly rent?

Jeonse involves paying a large deposit with no monthly rent, while monthly rent requires both a deposit and monthly rental payments.

Can foreigners purchase real estate in Korea?

Yes, foreigners can purchase real estate in Korea. However, there may be reporting obligations in certain areas.

What are the real estate brokerage fees?

Generally, the legal maximum is 0.5% for rentals and 0.6% or less for sales.

What documents are needed for contracts?

ID, Alien Registration Card, income certificate, employment certificate, etc. Additional documents may be required depending on the case.

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