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Living in Korea: Key Terms

보증금

bojeunggeum · Security deposit

What it is

Money held by the landlord for the length of the lease and returned when you move out.

Where newcomers get stuck

To protect it, register your move-in (전입신고) and get a fixed-date stamp on the lease as soon as you move in.

What you need

The lease, your ID, and move-in registration (for foreigners, the change-of-address report).

Useful sentence

보증금은 언제 돌려받을 수 있어요?bojeunggeumeun eonje dollyeobadeul su isseoyo?When can I get my deposit back?

Rules and costs change and vary by district and building — no prices here. Check with your agent, building office or the official sites before you decide.

Try yours