Non-Resident Korean Property Capital Gains Tax Calculator

Withheld at source

0원

Total assessed tax

128,766,000원

How it was calculated

1. 01Capital gain

   1,000,000,000 − 600,000,000

   400,000,000원
2. 02Long-term holding deduction (10%)

   Held 5 years → 10% (general table: 0% under 3y, up to 30% at 15y+)

   Basis: 소득세법 제95조 제2항

   40,000,000원
   Show details (2)
3. 03Primary-residence exemption & 80% special deduction do not apply

   Non-residents are excluded from the one-home exemption (Art. 89) and the 80% long-term deduction (Art. 95(2) proviso) by Art. 121(2) proviso. Exception: if the whole household left Korea for emigration, or for study or work abroad of one year or more, and the seller sells the one home held at departure within 2 years, the exemption applies (Enforcement Decree Art. 180-2(1) proviso)

   Basis: 소득세법 제121조 제2항 단서, 시행령 제180조의2 제1항

4. 04Capital gains tax (Standard rate 40%)

   357,500,000 × 40% − 25,940,000

   Basis: 소득세법 제104조

   117,060,000원
5. 05Local income tax

   117,060,000 × 10%

   11,706,000원
6. 06No withholding (individual buyer)

   When the buyer is an individual, withholding is waived — the seller must self-file and pay the full amount

   Basis: 소득세법 제156조

7. 07Final settlement (credited at filing)

   Balance due after crediting withholding: 128,766,000 KRW

   Basis: Preliminary return and payment due within 2 months of the end of the month of transfer

   128,766,000원
8. 08Not reflected — multi-home surcharge

   The heavy capital gains surcharge on multiple homes in regulated areas (+20%p for 2 homes, +30%p for 3 or more, with the long-term holding deduction disallowed) resumed for disposals on or after 10 May 2026 and applies to non-residents as well. Counting homes for a non-resident depends on domestic holdings, so this calculator does not apply it — check with the tax office if you hold more than one home in Korea.

   Basis: 소득세법 제104조 제7항 — 2022.5.10~2026.5.9 한시 유예 종료