As Chinese buy more Korean land



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The growth rate of Chinese land ownership is declining year by year.

According to the Ministry of Lands, Infrastructure and Transport, the total area of ​​foreigners belonging to foreigners in the first half of this year was 243.25 million million, up 1.8% (4.3 million) compared to the end of last year.

It represents 0.2% of the total area of ​​the country and 84 times the area of ​​Yeoido (2.9㎢).

The value of the official price of 30.28 billion won has increased by 0.5% over the end of last year.

Foreign domestic property holdings grew strongly in 2014 and 2015, but have slowed since 2016.

The growth rate from one year to the next rose from 0.5% in 2013 to 6.0% in 2014, then to 9.6% in 2015, compared to 1.8% in the first half. this year, after 2.3% in 2016 and 2001.

This is because the Chinese do not buy as much land as our country.

Chinese land holdings, especially on Jeju Island, showed strong growth until 2014, but the growth rate has slowed significantly since 2015.

The growth rate of Chinese land holdings in Korea rose from 37.9 percent in 2013 to 98.1 percent in 2014, but fell to 23.0 percent in 2015, falling to 13.1 percent in 2016 and to 11 percent. 8% the year before.

The foreigner with the largest number of lands in Korea by nationality is American and has 122.46 million, or 52.4% of total foreign land. Next are Japan (7.7%), China (7.6%) and Europe (7.2%).

By region, Gyeonggi Province accounted for 18.0% of Gyeonggi Province with a total of 46.99 million euros, up 2.3% from the previous year.

Followed by Jeonnam 37.92 million (15.6%), Gyeongbuk 30.62 million (14.8%), Jeju 23.11 million 9.0% and Gangwon 21.12 million ㎡ 8.7% Respectively.

The number of foreigners living in the forests was highest with forests and farmland of 150.22 million ㎡ (65.0%), followed by a plant occupation of 58.77 million (24.1%). %), recreation of 12.2 million (5.0%), (4.2%) for residential use and 395 million square meters (1.6%) for commercial use.

Foreigners with land in Korea represent the largest number of foreigners, with a nationality of 135.55 million (55.8%), a joint venture with 7.86 million (29.1%), a foreign company pure with 19.42 million (7.9%) The number of foreigners rises to 17,040,000 (7.0%) and the government and organizations to 550,000 (0.2%) .

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