KakaoBank announced Oct 12 a new account for foreign residents in Korea, waiving transfer and ATM fees unconditionally and overseas-remittance sending fees to major countries, with receiving fees fully waived.
Seoul's land-transaction permit zones have cut suspected gap-investment deals 67.8% since Oct. 15, 2025, while a KB Kookmin Bank simulation finds average Seoul apartment property tax could rise 53.5% by ...
The Bank of Korea reaffirms in a National Assembly submission that won stablecoin issuance should stay bank-only, proposing a bank-led consortium model as legislation remains delayed.
South Korean industry participants are urging regulators to build liquidity safeguards into forthcoming won-stablecoin rules after several foreign stablecoins showed sharp price distortions on domestic exchanges in September.
South Korea's Ministry of Land, Infrastructure and Transport (MOLIT) unveiled a "Housing Stability Plan" on September 21 that aims to supply about 1.19 million public homes through 2030, an average ...
South Korea's financial authorities plan to issue an official interpretation clarifying what counts as an "unavoidable circumstance" under rules that let first-time home buyers borrow more, after banks struggled to ...
Edaily's analysis of registry records shows Seoul lease contracts with a foreign landlord reached 6,189 in the first eight months of 2026, more than four times the 2021 total, with ...
Seoul's September property tax bill reached a record ₩4.8236 trillion across 4.43 million notices, up 8.9% year-on-year, with payment due by 30 September 2026 or a 3% late surcharge applies.
Seoul apartment land transaction permit filings fell 34.8% to 3,012 in August, the lowest since citywide designation.
South Korea's Ministry of Economy and Finance shifts the nonresident property-tax deduction basis to residency, raising bills.
