Property calculator

Korea Home Acquisition Tax Calculator

Estimates acquisition tax, local education tax and rural special tax for a standard home purchase in South Korea.

STEP 1

Enter your values

RESULT

Estimated taxes at acquisition

₩12,833,590

Estimated Korean purchase-stage taxes under the selected conditions.

Acquisition tax₩11,666,900
Local education tax₩1,166,690
Rural special tax₩0
Home purchase price₩700,000,000

Multiple-home and corporate surcharges, first-home relief, regulated areas and partial ownership are not included.

How it works

Korea Home Acquisition Tax Calculator formula

Purchase price × acquisition tax rate + local education tax + rural special tax

Applies standard home rates: 1% up to KRW 600m, the statutory formula from KRW 600m–900m, and 3% above KRW 900m.

Example

Example calculation

A KRW 700m, 84㎡ home uses the mid-band rate and local education tax; rural special tax is excluded.

Standard
2026 South Korea Local Tax Act; standard paid home purchase
Last reviewed
August 10, 2026

Standards and sources

Calculated from official or reliable reference material.

Questions

Korea Home Acquisition Tax Calculator FAQ

What should I enter in the Korea Home Acquisition Tax Calculator?

Enter the requested values and the result will update immediately. Review the formula, assumptions and exclusions below the result.

Is the result an official amount?

No. It is an estimate based on the entered conditions and stated assumptions. Confirm important tax, insurance, employment or financial decisions with the relevant institution or a qualified professional.

Are Korean rules used?

Yes. This calculator applies commonly applicable South Korean rules reviewed for 2026.

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