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Korea Property Acquisition Tax Calculator

Calculate acquisition tax, rural tax, and education tax when buying a Korean home

💡 Acquisition Tax Rates (2024)

  • 1st home: ≤ KRW 600M → 1%; 600M–900M → 1–3% (linear); > 900M → 3%
  • 2nd home (regulated zone): 8% / non-regulated: same as 1st home
  • 3rd+ home (regulated): 12% / non-regulated: 8%
  • Corporation: 12%

Frequently Asked Questions

What is the acquisition tax rate for a first home?

1% for prices up to KRW 600M; linearly sliding 1–3% for KRW 600M–900M; 3% above KRW 900M. Homes under 85㎡ are exempt from the rural special tax.

What is a "regulated zone" in Korea?

The Ministry of Land designates areas with rapid price growth as regulated zones. Purchasing a 2nd+ home in a regulated zone triggers much higher acquisition tax rates. Check the current list on the MOLIT website.

How is the local education tax calculated?

Local education tax equals 10% of the acquisition tax amount. E.g. if acquisition tax rate is 1%, education tax adds 0.1% of purchase price.

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