Tag: South Korea

Seoul pressed ahead with a property tax overhaul despite its own survey showing a near-even split, as a petition against the plan nears 40,000 signatures.

South Korea's FSC raised construction financing support and unveiled new policy loans for young, owner-occupier homebuyers.

South Korea's government announced its 2026 tax reform plan on August 3, raising both holding and transaction taxes on non-resident single-home owners and owners of high-value homes. Just two days ...

Reuters reported on 3 August that South Korea’s finance ministry has proposed changes to property-tax rules that would place more of the burden on multiple-home

A reported proposal in Korea would make it easier, on paper, to qualify for deferring a housing-related tax bill — by lifting the salary ceiling that gates elig

Standard Chartered Korea has suspended new applications for general home-backed mortgage loans at all branches, according to a 21 July report by Seoul Economic

Korea's housing assets were valued at 7,710 trillion won in the 2025 National Balance Sheet, an 8% increase from a year earlier, according to the country's offi

Foreign nationals purchasing residential property in Seoul currently face a significant regulatory framework, including mandatory permit approvals and new disclosure rules. Based on MOLIT Notification No. 2025-1058 and legal analysis ...