In exchange for the investment of $500,000, a family can lead a safe and happy life in a futuristic, ultramodern space city to be built in an island of 1.5 times the size of Seoul in Ecuador.  This new city of 8 million residents will become the manufacturing, trade, and financial hub like Hong Kong where the politics, economy, and culture of the 18 Latin American countries will be jointly shared.  The following benefits will be guaranteed to the investors:

  1. Free quality education from kindergarten through college.
  2. Free high-standard medical care for all family members.
  3. Free, first-class apartment of more than 130 square meters.
  4. Subsidy of living expenses in the amount of $2,000 per month. (A family offive can make a middle-class living with the amount of $2,000 a month.)
  5. Guaranteed jobs for all family members.
  6. Return of the initial investment of $500,000 after 15 years without deduction.
  7. Return of the initial investment will be guaranteed jointly by reliable banks and insurance companies.
  8. When requested by the investor, the initial investment of $500,00 will be returned within a week.
  9. A loan with 5% p.a. interest is available up to $450,000.

*** The official languages in this city will be Korean, English and Spanish.  Korean laws will be applied to Koreans and Korean people will be employed for 50% of the public officials of the city.  Therefore, Koreans will have no problems in living in the city even if they do not speak foreign languages.

  1. Applications will be received on a first-come-first-served basis.  Each of the applicants whose application has been accepted will be required to pay an application fee of $10,000 in June 2020.
  2. Immigrants will move in after three years in stages.
  3. Only limited number of families (200,000 households) will be accepted
  4. Development plan of this city and the names of the accepted families will be announced in June 2020.

Applications can be submitted online (