2025 Korean Real Estate Acquisition Tax Guide
When buying property in Korea, you must pay an acquisition tax. The rate varies significantly depending on the number of homes you own and the property value.
Tax Rates for First-Time Homeowners
| Property Value | Tax Rate |
|---|
| Under 600M KRW | 1% |
|---|---|
| 600M - 900M KRW | 1-3% |
| Over 900M KRW | 3% |
Additional taxes: Rural Special Tax (0.2%) + Local Education Tax (0.1-0.3%)
Multi-Home Owner Rates
| Homes Owned | Regulated Area | Non-regulated Area |
|---|
| 2nd home | 8% | 1-3% |
|---|---|---|
| 3rd home | 12% | 6% |
| 4th+ home | 12% | 6% |
Reduction Benefits
Calculation Example
First home, 500M KRW apartment in Seoul:Use our acquisition tax calculator for exact figures.