I&GUAM Corp., a local corporation of Guam in the U.S (I&GUAM below) accelerates the promotion of a profitable housing project called ‘GUAM-PRe(Profitable real estate)’.

I&GUAM has formed a task force team since January with its partner company Sisamagazine in Korea.

The Task Force(TF) team conducted field trips and preliminary inspections for about 3 months.

And I&GUAM announced that it will start the first round of application for ‘GUAM-PRe’ from May 18.

The total population of Guam has grown since the late 2000s due to the migration of about 30,000+ Americans.

In addition, the real estate market in Guam has enjoyed a steady boom due to a variety of factors, including the booming Japanese economy, have led to the influx of huge capital from corporate and individual investors from around the world.

According to the Guam Government Tourism Administration, the number of Korean tourists, which was around 380,000 in 2015 (based on the fiscal year), nearly doubled to 730,000 as of 2019 the previous year, making it one of the most popular tourist destinations.

It is also true that it has been showing some signs of slowing down in the recent international recession triggered by ‘COVID-19’.

Local experts, however, said the return on investment in Guam's real estate for commercial and residential purposes, which is in line with the mainland U.S. system, is a good condition.

The representative of I&GUAM said “The project includes not only the residential complex construction project but also the commercial district construction project.”

And he emphasized “For investors of South Korea's individual or small- and medium-sized enterprises, they can buy small businesses at an affordable level to generate profits. It is also possible to obtain a E-2 Treaty Investors or permanent residency based on it.”

‘GUAM-PRe’, the project of I&GUAM, plans to create 128 households located on Mangilao Beach on the central east coast of Guam Island in the Western Pacific. Also it plans to create 450 households located in Tangison Beach, near Tumon Bay, northwest coast of Guam.

I&GUAM plans to recruit on-site pre-surveyer, provisional contract and investors on a first-come, first-served basis from May 18. Other inquiries can be consulted by the representative phone.