https://barun-tax.com/en/categories/capital-gains-tax/Recent content in Capital Gains Tax on Barun Tax & AccountingHugoen-USWed, 21 Oct 2026 00:00:00 +0000https://barun-tax.com/en/blog/2026-10-15-exit-tax/Thu, 15 Oct 2026 19:00:00 +0900https://barun-tax.com/en/blog/2026-10-15-exit-tax/<p>If you emigrate and become a non-resident, you pay capital gains tax as if you <strong>sold your Korean shares at their market value on the departure date</strong>. This is called the exit tax (국외전출세). You are subject to it if you lived in Korea for <strong>5 years or more</strong> in the 10 years before departure and are a <strong>large shareholder</strong> as of the end of the prior year. You must file twice: <strong>by the day before departure</strong> and <strong>within 3 months after departure</strong>.</p>https://barun-tax.com/en/blog/2026-10-15-one-house-exemption/Thu, 15 Oct 2026 00:00:00 +0000https://barun-tax.com/en/blog/2026-10-15-one-house-exemption/<p>The one-household one-home capital gains tax (양도소득세) exemption applies when the <strong>household owns only one home in Korea</strong> and has <strong>held it for 2 years or more</strong>. If the area was a regulated area (조정대상지역) when you acquired the home, you must also have <strong>lived there for 2 years or more</strong>. If the sale price is <strong>over KRW 1.2 billion</strong>, tax applies to the part of the gain above that amount. If you temporarily own two homes because of a move, the temporary 2-home rule can still give you the exemption.</p>