How it works
Korea Annual Home Holding Tax Calculator formula
Property tax is calculated per home; official values are then combined for comprehensive holding tax.
Property calculator
Calculates property tax for each home and combines it with estimated comprehensive real estate holding tax.
Estimated annual home holding tax
Combined estimate for the entered homes after selected credits.
Tax-burden caps, regional resource tax, exclusions, joint ownership and local ordinances are not included.
How it works
Property tax is calculated per home; official values are then combined for comprehensive holding tax.
Example
Two homes valued at KRW 400m each are taxed separately for property tax, not as one KRW 800m home.
Calculated from official or reliable reference material.
Questions
Enter the requested values and the result will update immediately. Review the formula, assumptions and exclusions below the result.
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.
Yes. This calculator applies commonly applicable South Korean rules reviewed for 2026.
Useful next steps