English · 경제 ·
Hanam City extends foreigners' land transaction permit zone until August next year
AI 3-line summary
- Hanam City has extended the designation period of its foreigners' land transaction permit zone by one year, from 26 August 2026 to 25 August 2027.
- For residential property, foreigners must obtain a permit before signing a contract for transactions over 6㎡ in residential areas or over 15㎡ in commercial areas.
- Buyers must move in within four months of obtaining the permit and live there for two years; contracts concluded without a permit are not legally valid.
Summary written by AI from the original article · 88 languages
Read the full article (machine translation) → Original article (Korean): 하남시, 외국인 토지거래허가구역 내년 8월까지 연장
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