Korean Home Acquisition Tax — Ordinary Purchase Estimate
Estimate ordinary Korean home acquisition tax, education tax, rural tax and contract stamp duty before relief. Separate rules apply to special transactions.
This calculator is for reference only and may differ from actual amounts due to law changes or individual circumstances. Please consult a licensed professional (tax accountant, labor attorney, etc.) for accurate calculations.
Estimate an ordinary individual purchase of a Korean home, before relief. This is acquisition tax, not annual property tax or capital gains tax. Full ownership and no surcharge are assumed.
Tax plus the full contract stamp: ₩5,650,000. Brokerage, bonds and registration service fees are not included.
Example and limits
For KRW 700 million and 84 m², the rounded acquisition rate is 1.67%: acquisition tax KRW 11,690,000, education tax KRW 1,169,000 and rural tax zero. The subtotal is KRW 12,859,000. A 150,000-won contract stamp is separate.
For ordinary housing, education tax is 10% of acquisition tax. Rural tax is 0.2% of the price only above the applicable national-housing area threshold. Exact assessment, relief, fractional interests and payment rounding can differ. Inputs are calculated in this browser and not sent to a tax service.
Rule checked: 2026-09-08. Sources: Local Tax Act, Article 11 · Contract stamp duty
Frequently Asked Questions
Q. Which purchases are supported?
Ordinary individual purchases of full ownership of a home without surcharges or relief. Multiple-home surcharges, relief, corporate purchases, gifts, inheritance, land, commercial and luxury property need separate checks.
Q. Is the rate for a KRW 700 million home 2%?
No. The KRW 600–900 million band uses a variable statutory formula. After rounding, KRW 700 million has a rate of 1.67% and acquisition tax of KRW 11,690,000.
Q. How is education tax calculated?
For the ordinary home purchase modeled here, it is 10% of acquisition tax. Do not apply that ratio to surcharges or other property types.
Q. Why enter floor area?
The ordinary rural-tax exemption depends on national-housing size: usually up to 85 m², or 100 m² for qualifying non-urban eup/myeon outside the capital region. Above it, this model adds 0.2% of price.
Q. What does the stamp amount mean?
A residential ownership-transfer contract is exempt up to KRW 100 million, charged KRW 150,000 above 100 million up to 1 billion, and KRW 350,000 above 1 billion. This is the whole contract duty, not your share.
Q. Is the result the final bill?
No. Assessment, relief, partial ownership and rounding can differ. Brokerage, bond discount and registration service fees are excluded. Confirm the filing requirements with your local tax office.
How to Use
Confirm this is an ordinary residential purchase. Unsupported conditions do not produce a misleading ordinary-rate total.
Use whole KRW and exclusive floor area from the building record.
Read tax and stamp amounts separately, then budget for brokerage and registration costs.
Worked example: Korean Home Acquisition Tax — Ordinary Purchase Estimate
The purchase tax base is not the publicly assessed property value. This tool estimates acquisition tax when buying a home, not the annual property-tax bill. A KRW 700 million, 84 m² ordinary purchase has a KRW 12,859,000 tax subtotal plus KRW 150,000 contract stamp duty. At 86 m² in an ordinary area, rural tax adds KRW 1,400,000.
Related Tools
Guides that go with this calculator
- 2026年韩国住宅持有税：把财产税与综合不动产税分开算
用官方公示价格、2026年比例和两套住宅的具体例子，区分按住宅的财产税与按个人的综合不动产税，并标明抵免前计算的限制。
- 2026年9月韩国财产税：核对一宅账单与缴纳步骤
追算符合条件的KRW 500 000 000住宅44%比例、主税、教育税与城市地区部分，并区分条件小计和实际9月账单。
- 韩国一户一住宅出售：免税条件与高价住宅应税收益
核对家庭、持有与居住及12亿韩元门槛。用例子计算高价住宅纳入征税的收益比例，区分最终税额，并整理费用证明与例外条件。
- 韩国房产中介费：买卖、租赁上限与协商费用
计算月租换算门槛与KRW 700 000 000买卖中介费，区分协商价格、适用地区、金额上限、增值税及付款证据。
- 韩国继承税与赠与税：计算流程及赠与税实例
从估值、债务、历史赠与和扣除条件出发，复算KRW 600,000,000赠与的税额，并说明为何不能直接套用到继承税比较。