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Chinese people who come to Jeju with 1 billion won each…”I want to live in Korea”

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image text translation

(1)Chinese people who come to Jeju with 1 billion won each…I’m going to live in Korea

image text translation

(1)The news is that Chinese people are coming to Jeju Island with 1 billion won each
(2)He’s coming to live in Jeju
(3)Jeju is issuing resident visas to foreigners who have invested more than 1 billion won
(4)Five years later, they’ll give you permanent residency, which was introduced more than a decade ago to attract foreign capital
(5)At that time, the investment was 500 million won
(6)However, various side effects such as reckless development and overheating of real estate have occurred, and the so-called “eat and run controversy” of only obtaining permanent residency and withdrawing investments has also erupted
(7)Then the Ministry of Justice raised the investment to 1 billion won in May
(8)But regardless of that, the big-handed Chinese are bringing in cash
(9)Until August of this year, 54 people received resident visas
(10)Yes, 11

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