🇰🇷 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 Income | Estimated Tax | Effective Rate |
|---|---|---|
| $50,000 | $9,680 | 19.4% |
| $100,000 | $19,360 | 19.4% |
| $200,000 | $38,720 | 19.4% |
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
- Grounded: santandertrade.comaccessed 2026-04-12
- Grounded: pwc.comaccessed 2026-04-12
Top Cities in South Korea
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.