Moving to South Korea: taxes, residence and life
How to become tax resident in South Korea: personal, dividend and corporate tax, 7 residence programmes, tax-residency requirements and climate. Explore the basics and compare residence routes.
Taxes
In South Korea the top income tax rate is 49.5%, dividends are taxed at up to 49.5% and companies pay 27.5% corporate tax.
How to move and become tax resident
You can become tax resident in South Korea from arrival once you take up residence (Domicile (family/assets in Korea, job expected ≥183 days) → resident from arrival; or 183 days). The typical route is Immigrant investor – public fund KRW 500m (F-2 → F-5): Invest KRW 500m in public business fund (or Jeju/resort real estate ≥KRW 500m) held 5 yrs; clean record There are 6 open residence programmes in South Korea — see the list below.
Living there
Seoul has a monsoon continental (hot summer) climate with winter highs around 1.6 °C and summer highs around 30.3 °C.
Key facts
| Top income tax | 49.5% |
|---|---|
| Dividend tax | 49.5% |
| Corporate tax | 27.5% |
| Skattemæssig bopæl | fra ankomst — Domicile (family/assets in Korea, job expected ≥183 days) → resident from arrival; or 183 days |
| Deres vej | Immigrant investor – public fund KRW 500m (F-2 → F-5) — Invest KRW 500m in public business fund (or Jeju/resort real estate ≥KRW 500m) held 5 yrs; clean record |
| Klimatype | monsoon continental (hot summer) · 1.6° / 30.3° (Seoul) |
Residence programmes in South Korea
Active programmes
- Immigrant Investor Scheme for Public Business (IISPB, F-2-12 → F-5) — Investering CHF 862'500 · 2026-10
Thresholds raised 2023 (KRW 500m → 1.5bn); sources conflict
- Immediate Permanent Residence by Investment (F-5) — Investering CHF 1'725'000 · 2026-10
- Corporate Investor Visa (D-8) — Investering CHF 57'500 · 2026-10
- Workation (Digital Nomad) Visa (F-1-D) — Indkomst / år CHF 50'600 · 2026-10
- Professional Employment (E-7) / Top-Tier Visa — employment · 2026-10
- Family Visas (F-3 Dependant / F-6 Marriage Migrant) — family · 2026-10
Changes or availability under review
- Real Estate (Tourism & Recreational Facility) Investment Immigration (F-2-8) — Investering CHF 575'000 · 2026-10
Scheme extended to 30 Apr 2026; renewal beyond uncertain
Plan your residence route
Frequently asked questions
How many days do I need to spend in South Korea to become tax resident?
fra ankomst. Domicile (family/assets in Korea, job expected ≥183 days) → resident from arrival; or 183 days Foreigners <5 of 10 yrs: foreign income taxed only if remitted
How much tax will I pay in South Korea?
In South Korea the top income tax rate is 49.5%, dividends are taxed at up to 49.5% and companies pay 27.5% corporate tax.
Which residence programmes does South Korea offer?
Immigrant Investor Scheme for Public Business (IISPB, F-2-12 → F-5) (CHF 862'500); Immediate Permanent Residence by Investment (F-5) (CHF 1'725'000); Corporate Investor Visa (D-8) (CHF 57'500); Workation (Digital Nomad) Visa (F-1-D); Professional Employment (E-7) / Top-Tier Visa
What is the usual way to move to South Korea?
Immigrant investor – public fund KRW 500m (F-2 → F-5). Invest KRW 500m in public business fund (or Jeju/resort real estate ≥KRW 500m) held 5 yrs; clean record
Compare with nearby countries
Afghanistan · Armenia · Australia · Azerbaijan · Bangladesh · Bhutan · Cambodia · China · Fiji · Georgia · Hong Kong · India
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