Buying a house in Korea?

LTC Private RallyPoint Member — Mon, 27 Jul 2015 20:47:11 -0400

Will be PCS'ing to USAG Humphreys later this year with my family; command sponsored. I expect to extend so will be there for 36 months. I suspect the majority of people rent, but was wondering how feasible buying a home in Korea would be with OHA. Does anyone have any experience with this, good/bad, indifferent?

Response by 1st Lt Private RallyPoint Member made Jul 28 at 2015 5:21 PM

1st Lt Private RallyPoint Member — Tue, 28 Jul 2015 17:21:04 -0400

http://southkorea.angloinfo.com/housing/buying-property/procedure-for-foreigners/

Looks like it's feasible...but why would you want to buy for only 3 years? Or are you wanting to turn something into an income property?

Response by 1SG Mitchell Smith made Aug 24 at 2021 9:57 PM

1SG Mitchell Smith — Tue, 24 Aug 2021 21:57:16 -0400

Wow,

This is a new one. Im not sure of this because even with soldiers that's married to a Korean spouse they've even rented - unless they were ETS'ing in Korea then 'maybe' buy a house.

However, I wouldn't advise this at all. I can only amagin the red tape selling, renting after you PCS.

Good luck.