Taxes on Foreigners' Real Estate Rental Income in South Korea
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Tax on property income in South Korea
Taxation Researcher |
October 25, 2019
A nonresident foreigner can hold Korean property through a ´limited liability company´ (YooHan hoesa). This requires no company registration, only tax registration with the tax authority. Rental income can be taken out of the country after taxes have been paid.
Income is classif…
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