South Korea offshore property investment

The government may remove all restrictions on overseas property purchases by next year after moving up its schedule to liberalize foreign cu...

The government may remove all restrictions on overseas property purchases by next year after moving up its schedule to liberalize foreign currency transactions, officials at the Finance Ministry said yesterday. At the moment, Koreans are banned from purchasing commercial-use property outside the country. Those purchasing property for residential purposes are subject to a ceiling. But after

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