Nomad Capitalist Audio Experience South Korea Restricts Foreign Buyers, Oman Rebrands Golden Visa, Dubai’s Creator Boom
14 snips
Aug 29, 2025 South Korea is tightening its grip on foreign property buyers, introducing strict residency rules in Seoul. Meanwhile, Oman is relaunching its Golden Visa as part of its Vision 2040 initiative, aiming to attract global investors. In Dubai, there's a surge of over 2,400 creators gaining 10-year residencies through a new content visa program, marking a significant shift in the region's economic strategy to welcome talent and investment.
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Seoul Limits Foreign Property Speculation
- South Korea introduced permit requirements and mandatory residency to curb foreign speculative home purchases in Seoul and nearby cities.
- The rules include moving in within four months and living at least two years or facing fines up to 10% and possible contract nullification.
Loan Caps Gave Foreign Buyers An Edge
- Domestic mortgage caps created a competitive advantage for foreigners using foreign-source loans, driving a 26% annual growth in foreign purchases.
- The government aims to level the playing field after foreigners bought thousands of Seoul-area residences in short order.
Attend NCL To Learn Residency Paths
- Consider attending Nomad Capitalist Live to learn directly from experienced global citizens about residency and citizenship options.
- Act quickly if interested because tickets are limited for the September event in Kuala Lumpur.