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🇰🇷 Retire in South Korea

Tax rates, cost of living, special programs, and top cities for international investors and retirees.

Tax system

worldwide

Cheapest city

Seoul ~$1,945/mo

Tax System Overview

South Korea taxes CG on listed shares at 22% (for gains above KRW 2.5M exemption, deferred to 2027 for domestic shares). Dividends/interest at 15.4% withholding. No wealth tax.

  • ✓No wealth tax

What Would You Pay?

Estimated annual tax on different levels of investment income (capital gains + dividends + interest):

Annual Investment IncomeEstimated TaxEffective Rate
$50,000$9,68019.4%
$100,000$19,36019.4%
$200,000$38,72019.4%

Assumes 60% capital gains, 25% dividends, 15% interest. Actual tax depends on your specific income mix.

Sources — South Korea tax data

Last verified 2026-04-12

Top Cities in South Korea

Seoul

$1,945/month

Tax Calculator

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Tax rates and programs are subject to change. Information is current as of 2026. Always consult a qualified tax professional before making relocation decisions.