Property calculator

Korea Annual Home Holding Tax Calculator

Calculates property tax for each home and combines it with estimated comprehensive real estate holding tax.

STEP 1

Enter your values

RESULT

Estimated annual home holding tax

₩4,509,000

Combined estimate for the entered homes after selected credits.

Total property tax₩2,070,000
Local education & urban-area taxes₩1,359,000
Comprehensive tax before credits₩900,000
Property & one-home credits−₩0
Comprehensive tax after credits₩900,000
Rural special tax₩180,000

Tax-burden caps, regional resource tax, exclusions, joint ownership and local ordinances are not included.

How it works

Korea Annual Home Holding Tax Calculator formula

Property tax for each home + comprehensive holding tax after credits + rural special tax

Property tax is calculated per home; official values are then combined for comprehensive holding tax.

Example

Example calculation

Two homes valued at KRW 400m each are taxed separately for property tax, not as one KRW 800m home.

Standard
2026 South Korea per-home property tax and comprehensive holding tax
Last reviewed
August 10, 2026

Standards and sources

Calculated from official or reliable reference material.

Questions

Korea Annual Home Holding Tax Calculator FAQ

What should I enter in the Korea Annual Home Holding 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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