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Rental Guide

Understanding Korea’s Prepaid Rental System 1–2 year Upfront Rent

Understanding Korea’s Prepaid Rental System : 1–2 year Upfront Rent

Prepaid Rental System - A Preferred Option for Diplomats, Corporate Expats and International Tenants If you’re moving to Seoul as a diplomat, corporate employee, or member of an international organization, you may encounter Korea’s unique rental system—prepaid rent. While Korea’s typical rental structure is based on a high deposit (보증금) plus monthly rent (월세 - Wolsae), in...