More than 1% of Jeju Land Sold to Foreigners

SEOUL, July 28 (Korea Bizwire) – Riding the tourism boom on Jeju, more than 1 percent of the island’s land has been sold to foreigners or foreign corporations. According to the Jeju provincial government, as of June, 2015, a total of 20.78㎢ of land or 1.12 percent of the island’s total area was owned by [...]