• 최종편집 2022-08-17(수)

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  • Intensive guidance and inspection to improve the living environment of foreign workers will be implemented
    Recently, as the number of corona infections has decreased, the number of foreign workers entering the country is increasing significantly, with 6,208 entering the country in June alone due to increased flights. These are mostly workers who were issued employment permits in 2020 and 2021 but were unable to enter the country. The government is actively attracting foreign workers with the goal of allowing 10,000 people to enter Korea every month in the second half of this year. However, in some areas, foreign workers are still living in temporary buildings such as containers, which is a problem. Accordingly, the Ministry of Employment and Labor announced that, since last year, in order to improve the residential environment of foreign workers, it has been disallowing employment permits to local governments if illegal temporary buildings are provided as accommodations for foreign workers. If a temporary building needs to be used as a lodging facility depending on the working conditions such as a rural area, they must obtain a construction report certificate (temporary accommodation) from the local government, and it is illegal if they do not receive it.  In addition, the Ministry of Employment and Labor makes it mandatory for all industries to submit visual data (photos and videos) other than the dormitory facility table when applying for an employment permit so that foreign workers can fully understand information about housing facilities. Furthermore, if a foreign worker residing in an illegal temporary building wants to, it is allowed to change the workplace, even without the consent of the employer,  which would also not be counted as official workplace changes (3 times in 3 years, 2 times in 1 year and 10 months). Also, the Ministry of Employment and Labor conducts on-site inspections of 3,000 workplaces every year, intensively inspecting the living conditions of foreign workers in dormitories. In the inspection of foreign workers' housing conditions, it is necessary to check the type of accommodation, whether residential facilities are recognized by law, compliance with facilities such as firefighting facilities, wash bath facilities, and conditions of heating and cooling facilities, etc. Inquiries: Ministry of Employment and Labor (044-202-7148) Reporter Hasung Song
    • 한국어
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    2022-07-14
  • Government announced on June 21 of real estate measures... Will the Korean real estate market be stabilized?
    The Yun Seok-yeol government announced its first real estate measures on June 21. This measure, which has attracted the attention of many Koreans, is of great interest to foreigners living in Korea for a long time. The core of this announcement is largely divided into ‘reorganization of the method of calculating the sale price’ and ‘stabilizing the rental market’. Expansion of disposal period by 2 years If you purchase an apartment with a mortgage loan in a real estate transaction regulated area, you must dispose of the house you used to live in. This disposition period has been extended from six months to two years. Until the existing house is disposed of, it can temporarily become two houses, which gives time for this. The government also abolished the obligation to change the address written in the resident registration to the newly purchased house. In this case, the house owner does not have to move to the newly purchased house immediately, so the rent would be given. Thus, the government expects that the Jeonsei and monthly rent market will be stabilized. Eliminate residency obligations In order to stabilize the Jeonsei and monthly rental market, the government has increased the benefits for “win-win landlords” who have raised the rental price to less than 5%. Since August 3, 2017, when transferring (selling) a house acquired in a real estate regulated area such as Seoul, in order to be exempt from tax, the actual residence requirement must be met for at least two years. However, this will be exempted for win-win landlords. The purpose is to prevent landlords from sending out tenants to meet the actual residence requirements and encourage them to refrain from raising rental prices. Acquisition tax reduction for the first time in life The government is planning to allow any first-time home buyer to receive a reduction in acquisition tax without restrictions on house price and annual income. However, the maximum reduction is limited to 2 million won. Also, Korea required a lot of tax on two houses per household, but if one house is a low-cost house of 300 million won or less in a local area, it will be considered as one house per household. Reorganization of the price ceiling system The government partially reorganized the price ceiling system to stimulate the supply of apartments. The price ceiling system is a system that the government prevents from raising the sale price above a certain level when setting the sale price of an apartment. Because of this, the supply of apartments contracted because they thought that even if they built apartments, there would not be enough profit left. The government reorganized the sale price ceiling system, allowing the reconstruction and redevelopment associations to broadly recognize the costs used in their maintenance projects so that the sale price could be slightly higher. Maintenance business refers to demolishing old apartments and building new ones. Through this, the rate of increase in the sale in lots of apartments subject to the price ceiling system, which the government expected, varies depending on the size, location, and sale in lots of the complex, but is approximately 1.5 to 4%. Reporter Hasung Song
    • 한국어
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    2022-06-23
  • Real estate agent advises landlord to raise monthly rent
      In Korea, there is a right to request a renewal of the contract and a cheonsei monthly rent cap, so I am aware that the landlord cannot release the tenant at will or raise the cheonsei and monthly rent more than 5% within a certain period. However, there are cases when real estate agents know that I am a foreigner and think that I would not know well. So they either ignore the tenant's right to apply for contract renewal or tell the landlord to raise the monthly rent a lot. It is very unfortunate to be deceived by a real estate agent like this. Where should I report this? The right to request a renewal of the contract refers to the right to request the landlord to renew the contract only once if the tenant wants to continue living in the building after the contract period (usually two years) of the housing lease. However, if the landlord wants to live in that house, the tenant cannot exercise the right to apply for contract renewal. The cheonsei monthly rent cap allows the landlord to raise the cheonsei monthly rent by only 5% if the tenant exercises the right to renew the contract and decides to live for two more years. If the landlord disregards the right to request a renewal of the contract and the cheonsei monthly rent cap, in case the landlord is doing a rental business, you can report it to the local government. The landlord will then face penalties such as fines for negligence. However, if the landlord is not doing a rental business, you can apply for mediation with the Housing Lease Dispute Conciliation Committee. However, in this case, the landlord will not be penalized for negligence. The Housing Lease Dispute Conciliation Committee can only mediate between the tenant and the landlord. If mediation by the Housing Lease Dispute Mediation Committee does not work, you can file a civil lawsuit with the court. For one thing, like the questioner, many foreign residents seem to feel that real estate agents raise rents in the middle. However, given the nature of the real estate market in Korea, this is a natural act. For example, if you put your house up for sale to a real estate agent yesterday, and a buyer shows up today and wants to buy the house right away, the real estate agent can advise the landlord to raise the price of the house. Conversely, if you put your house up for sale and no buyers show up after several months, your real estate agent may advise the landlord to lower the price of your home. It doesn't matter if the landlord takes the profit after raising the house price or monthly rent. It becomes a problem if the real estate agent intercepts the profit without letting the landlord know. Therefore, if a real estate agent asks the landlord to raise the rent in front of a person who comes to see the house, it is very rude and you can protest strongly. However, that in itself is not punishable. Legal Consultation for Foreign Residents ‘Papaya Story Living Legal Visa Support Center’ English 031-8001-0211 / Law Firm (Limited) Min ‘Immigration Legal Support Team’ 02-3477-5550, email beobil2002@lawmin.net
    • 한국어
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    2022-06-02
  • Real estate speculation by foreigners, what would you do?
    A Chinese permanent resident residing in Ansan, purchased a villa-type house located on the beach in Ansan City for the purpose of real residence after obtaining a land transaction permit and even changed the place of stay. However, he violated the Immigration Control Act and the Act on Real Estate Transaction Reporting, such as not living in the house for even a single day. Person A disguisedly moved into the land transaction permission zone and acquired the land. This is real estate speculation. It was discovered that a Korean-Chinese living in Seoul, B, bought an apartment by submitting a land use plan, saying that he needed a place to live in the area after receiving a false certificate of employment at a restaurant run by an acquaintance. In addition, Korean-Chinese C, to acquire a house in Ansan-si, submitted a financing plan with 100% of his own funds and received permission. After reporting that he would live in the house, he rented the house and received monthly rent. Mr. C received the house purchase funds from his younger brother, and it was confirmed that the contact information and account number written in the lease agreement were also owned by his younger brother, and it was confirmed that the younger brother would receive the monthly rent. 34 foreigners and corporations, including Korean-Chinese from China, who engaged in illegal speculation worth 10.4 billion won in illegal methods such as disguised transfer or title trust within the land transaction permission zone, were caught by the Gyeonggi-do Special Judicial Police Corps. Gyeonggi Province designated all 23 cities and counties in the province as areas for permission to trade land for foreigners and corporations in October of last year to block foreign and corporations from trading in real estate for speculative purposes. This investigation is for the first time since the designation of the land transaction permission zone to detect illegal speculation in the land transaction permission zone for foreigners and corporations. Kim Young-soo, head of the Gyeonggi Provincial Justice Special Judicial Police Unit, held a press conference at the Gyeonggi Provincial Office on the 22nd and said, “From last October, among the land transaction permit zones, Ansan and Siheung were intensively investigated for illegality. A case has been filed, and 29 people are under investigation.” By crime type, 31 persons were foreigners, including ▲26 persons who obtained permission through fraudulent methods such as disguised transfer, ▲3 persons obtained illegally using false documents, and ▲2 persons who obtained illegal permission through a title trust, etc. There are ▲ 3 illegal speculation activities. According to the current law, if permission is not obtained within the land transaction permission zone or permission is obtained by illegal means, it is subject to imprisonment for not more than two years or a fine equivalent to 30% of the officially announced individual land price at the time of signing the contract. Reporter Song Hasung
    • 한국어
    • 행사
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    2021-12-24
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