Understanding Inheritance Tax in Korea: Assets, Gifts, and Deemed Inheritance In Korea
In Korea, the inheritance tax system is designed to levy taxes on the transfer of assets upon the death of an individual. This tax...
Regarding the meaning, procedure and effect of the “Limited Approval” for a Foreign heirs
Limited approval (Limited Recognition, Qualified approval) means an expression of intent by an heir who approves inheritance on the...
Resident ID for Inheritance Estate Registration for an Expat
Expat heirs need a Korean ID(13 digits) for the estate registration in Korea. So your agency can apply this number at the immigration...
