Do immigrants who buy a house in Korea have to pay taxes?

Hello, you have to pay taxes. You can refer to the following information.

The property tax in Korea is actually a real estate tax. Before the property tax was levied, Korean real estate already had a property tax. For example, a property tax of 0.5% is levied on a set of Korean properties of more than 654.38 billion won every year. However, the actual tax rate is only about 0 .2%, because the target price of the tax is lower than 50% of the market price.

South Korea's property tax is levied on top of the property tax, mainly for high-end housing, aiming at curbing high housing prices and promoting wealth redistribution.

Although the comprehensive real estate tax is a national tax, the Korean government distributes the tax to local governments to help narrow the economic development gap between regions. According to the report given by Fang Tao of Jeju Island. In 2005, the Korean government began to comprehensively levy real estate tax. The tax target is the housing with more than 600 million won, and the tax rate is 1% to 3%. However, since the target house price is 60% to 70% of the market price, the actual tax rate is much lower.

After Lee Myung-bak took office, he began to implement the tax reduction policy in 2008, adjusted the comprehensive real estate tax, raised the tax target to houses worth more than 900 million won, and lowered the tax rate to 0.5% to 1%.

In addition, Jeju Island real estate projects that can invest in immigrants are also within the scope of collection. However, as long as you invest 500 million won, you are eligible for immigration, less than 900 million won, so it has little impact in essence.

I hope it helps you. :-D