Korean Tax Blog

Can Foreign Residents Benefit from Korea’s New High-Dividend Tax Rules? “I am a foreign resident investing in Korean stocks. Can I benefit from Korea’s new tax rules for high-dividend companies?” Potentially, yes. Starting with qualifying dividends paid in 2026, Korea introduced a special tax treatment for dividends received from certain designated high-dividend Korean companies. Importantly, the rule is based on Korean tax residency, not nationality. Therefore, a foreign ind

Do Foreign Residents Need to Report Overseas Trusts in Korea? “I live in Korea but have a family trust or other trust arrangement overseas. Do I need to report it?” Starting in 2026, Korea introduced a new reporting requirement for certain overseas trusts. This rule may also apply to foreign residents living in Korea. However, the reporting obligation depends on individual circumstances, including Korean tax residency and the nature of the overseas trust. What Is the New Over

Do Foreigners Have to Pay Inheritance Tax in Korea? “I inherited property or money connected to Korea. Do I have to pay inheritance tax?” Foreigners can also become involved in Korean inheritance tax when they inherit money, real estate, stocks, or other assets connected to Korea. Whether Korean inheritance tax applies is not determined simply by nationality. The deceased person’s tax residency and the location of the inherited property are important factors. When Can Korean

Do Foreigners Have to Pay Gift Tax in Korea? “My family sent me money from overseas. Do I have to pay gift tax in Korea?” If you are a foreigner living in Korea, money or property received from family members may, in some cases, be subject to Korean gift tax. Being a foreigner does not automatically exempt you from gift tax. Whether tax applies can depend on factors such as your residency status, the type of property received, and your relationship with the person giving the