Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 11/12/2023
Author Seoul Law Group
Published By Seoul Law Group
Edited By Saba Bilquis
Uncategorized

Housing Deposit in Korea

So, you want to rent a house in Korea? There are a few key phrases you’ll need to learn before you do, and it’s always important to understand what kind of real estate market you’re working with. First, the good news! Foreigners are able to rent apartments in Korea. However, with  rental prices increasing every year and houses in Seoul flying off the listings almost as soon as they’re posted, it’s not always easy to find the place of your dreams. The most important decision is choosing which kind of rental system you’re going to follow: wolse or jeonse.

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