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Investment Immigration Law to Be Revised after Causing Development Rush in Jeju

Investment Immigration Law to Be Revised after Causing Development Rush in Jeju

SEOUL, Sept. 1 (Korea Bizwire) – The government will revise the rules on the immigration law related to real estate investment, as the law to allow foreign investors to get permanent residence permits has caused real estate speculation in Jeju Island. According to the 2010 law, any foreign investor spending more than 500 million won (US$493,000) in [...]