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.
Democratic Party policy chief Kwon Chil-seung signaled on Sept 6 the property tax overhaul could still change, as Seoul Economic Daily reported a projection that 22 of Seoul's 25 districts ...
On 1 September, South Korea's cabinet approved a property tax package that is milder than the one announced a month earlier. On 3 September, Seoul rep
South Korea's President Lee Jae-myung has announced simultaneous financial reform, tax reform, and a housing-supply expansion, vowing to break the cycle of real estate speculation.
South Korea's ruling party is walking back a tax hike on non-resident homeowners as the tax agency cracks down on corporate-owned 'company mansions'.
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.
International property & global living
Independent reporting, expert analysis and research on overseas property, residency and life abroad.