https://barun-tax.com/en/tags/korea-exit-tax-deadline/Recent content in Korea Exit Tax Deadline 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>