Property in Korea guide

Taxes When Buying, Holding and Selling a Korean Home

Korean property taxes use different tax bases and conditions at each stage. Work from purchase to annual ownership and sale.

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A practical order

Calculate in three steps

  1. 01

    At purchase

    Estimate acquisition, local education and any rural special tax from the purchase price and floor area.

  2. 02

    During ownership

    Use official assessed values to estimate property and comprehensive real estate holding taxes.

  3. 03

    At sale

    Estimate taxable capital gain after purchase cost, eligible expenses, exemptions and deductions.

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Calculators you need

5 calculators

Results are estimates based on your inputs. For Korean tax, insurance and employment items, review each calculator’s rules and exclusions and confirm important decisions with the relevant institution or a qualified professional.

Before you calculate

Frequently asked questions

Which price should I enter?

Acquisition tax uses purchase price; annual holding taxes generally use the official assessed value.

Why does the number of homes matter?

Household home count can affect deductions, rates, credits and surcharges under Korean law.

Can I use the estimate to file?

No. Use it for planning and confirm material filings with an official authority or Korean tax professional.