Feature IslandRegional InformationA beautiful Asian country with dramatic rocky scenery, a favorably warm climate and exciting urban centres, South Korea is regarded as an excellent region for international property investment. The presence of major financial centres such as Seoul and Busan have made for unparalled economic growth and a comparatively wealthy citizenry, and the country is regarded as one of the world's largest economic powers. This quick, concentrated development in the country's urban areas has left a large portion of the countryside preserved, with untouched forests and ancient fortresses, shrines and Buddist statuary. South Korean islands are a rarity on the international market, and the sweeping views of rocky cliffs and mist-covered mountains offered by the coastal region would make for very desirable residential or resort developments. The Korean people are adventerous and have a deep appreciation for the natural world, presenting the possibility of sports lodges or climbing resorts, and the country's large numbers of Japanese, Russian and Chinese visitors would provide a steady influx of tourist revenue. A very unique opportunity is presented by the rare South Korean isle to hit the market, and they will not last long... South Korea, Asia
Foreign Ownership of Islands in South Korea, AsiaIn 1999, the doors of the real estate sector in South Korea swung open to foreign investment, adding to the significant market growth that makes this country one of the hottest property markets in Asia. Foreigners may own land with a freehold title, and the process of acquisition is relatively unencumbered. Rental income must be processed through a South Korean company to be repatriated, which makes land ownership through such a company a popular option for foreigner investors. Regional Statistics for South Korea, Asia
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