Chinese at home, American at home...Real Estate 'Meat and Little' The number of foreigners buying land and houses in Korea seems to be gradually increasing, right?
[Reporter]
That's right.As the title of the
pick, Americans are the most active buyers of Korean land and Chinese houses.
First of all, looking at the land, one of the elements that make up the country, as of the end of June this year, the total land owned by foreigners is 265 million square meters, or 0.26% of the total land area.
You might think it's weak in terms of the ratio, but this ratio is not small in terms of territory, and it's gradually increasing.
It increased every year from 190 million square meters in 2011 except for only one year in 2013, increasing by 40% in 13 years and 6 months.
When looking at foreigners who own Korean land by nationality, the U.S. has the largest share of 53.3%, followed by China, Europe, and Japan.
By region, Gyeonggi Province was the largest with 18.4%, followed by South Jeolla Province with 14.7% and North Gyeongsang Province with 13.7%.
Among foreigners who own land, 55.5% are ethnic Koreans, and as a result, the percentage of Americans' possession seems to have increased due to the large number of ethnic Koreans who have immigrated to the United States.
[Anchor]
Yes, I heard that there are a lot of houses and houses owned by Chinese people, so how much is it?
[Reporter]
Yes, as of the end of June this year, there were 95,078 Korean houses owned by foreigners, which is 0.49% of the total number of houses.
When looking at foreigners who own domestic homes by nationality, China accounted for 55.5%, the U.S. 22.5%, followed by Canada, Taiwan, and Australia.
In terms of the types of houses they own, apartments such as apartments accounted for 91%, and the metropolitan area overwhelmingly accounted for 73%.
The way you owned a house is a little different from the land,
In the case of
land, the second generation of U.S. citizens is often the holder of the land automatically because they immigrate leaving their family or land in Korea,
It is analyzed that
houses are bought by pure foreigners as a concept of investment.
Under the current law, foreigners cannot be legally prevented from buying our real estate in accordance with FTA or WTO reciprocity, and there is no limit on the upper limit.
However, if the weight grows enough to threaten the country's security or economic foundation, a separate measure must be taken.
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