Real Estate Investment Immigration Program in Donghae, Korea

South Korea offers a special immigration program that allows foreign nationals to obtain long-term residency through qualifying real estate investments in government-designated tourism and leisure facilities.

Under this program, a foreign investor who purchases an approved property with a minimum investment of KRW 1 billion (approximately USD 68,700 at today’s exchange rate) may obtain an F-2 long-term resident visa.

After maintaining the investment for five years, the investor may apply for F-5 permanent residency, subject to applicable immigration requirements.

Key Features of the Program

• Minimum investment: KRW 1 billion or more in designated properties

• Investment must be in government-approved tourism or leisure facilities

• Eligible for F-2 resident status upon investment

• Possible transition to F-5 permanent residency after five years

• Residency status may extend to the investor’s immediate family

• No requirement to reside in the region of the investment; investors may live anywhere in Korea

Investment Opportunity in Donghae

Donghae is one of the government-designated regions where foreign investors can qualify for the real estate investment immigration program.

Located on Korea’s east coast in Gangwon Province, Donghae is a coastal city known for its clean beaches, scenic cliffs, and growing marine tourism industry. With its natural beauty and relatively low population density, Donghae offers a quiet, resort-style environment suitable for long-term stays and leisure-oriented investments.

Why Donghae?

1. Scenic East Coast Location

Donghae features some of the most beautiful coastal landscapes in Korea, including sandy beaches, rocky shorelines, and clear waters along the East Sea (Sea of Japan).

2. Emerging Tourism and Leisure Market

The city is developing as a marine tourism destination, with growing interest in resort facilities, vacation properties, and leisure-oriented developments.

3. Government-Designated Investment Zone

Selected properties in Donghae are officially designated for the real estate investment immigration program, making them eligible for visa-linked investments.

4. Quiet Coastal Lifestyle

Donghae offers:

• A clean and relaxed living environment

• Scenic ocean views and outdoor recreation opportunities

• Less congestion compared to major metropolitan areas

• Access to nearby tourist destinations in Gangwon Province

Important Note

Only specific, government-designated properties qualify for the investment immigration program. Ordinary residential apartments or non-designated properties are generally not eligible.

Our office can assist foreign investors in identifying eligible properties and guiding them through the real estate and immigration process to ensure compliance with all applicable requirements.