Land Ownership Registration for Foreigners
Report | Approval | ||||
---|---|---|---|---|---|
Acquisition by Contract | Acquisition by Cause other than Contract | Continued Ownership | |||
Subject | Land outside the permitted area | Areas for military facility protection, naval base, military air base protection, cultural property protection, ecological environment preservation and wild animal/plant special protection | |||
Application and Procedure | Application by visit to competent city/gun/gu office for the subject land or online application using real estate trade management system | ||||
Required Documents | Land acquisition contract | Document verifying the cause other than contract | Document verifying the change of nationality | Land acquisition contract agreement | |
ID card | ID card | ID card | ID card | ||
Report | Within 60days from the date of entering the contract | Within 6months from the date of acquisition | Within 6months from the date of change of nationality to foreigner or foreign corporation | Before entering the contract(before preparing the contract) | |
Processing time | Immediately (within 3 hours) | 15 days |
informationWhen applied by a proxy, the proxy’s ID card needed.