A change in immigration rules on South Korea's Jeju Island means investors can secure permanent residency after five years if they buy property. Photo: Alamy A change in immigration rules on South Korea's Jeju Island means investors can secure permanent residency after five years if they buy property. Photo: Alamy
A change in immigration rules on South Korea's Jeju Island means investors can secure permanent residency after five years if they buy property. Photo: Alamy

Surge in Chinese investors in South Korea’s Jeju Island since 2009 may be to secure residency

Land owned by Chinese property investors reached 5.92 million sq m in June – an increase of 296 times since 2009 - as they view island as convenient base for commuting to mainland.

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A change in immigration rules on South Korea's Jeju Island means investors can secure permanent residency after five years if they buy property. Photo: Alamy A change in immigration rules on South Korea's Jeju Island means investors can secure permanent residency after five years if they buy property. Photo: Alamy
A change in immigration rules on South Korea's Jeju Island means investors can secure permanent residency after five years if they buy property. Photo: Alamy
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