The government unveiled its 2026 tax revision plan. At its core is a 'pinpoint' increase in the comprehensive real-estate tax that falls heavily only on ultra-expensive and non-resident homes. Single-home owner-occupiers pay no such tax up to a market value of 2 billion won, while the burden is concentrated on high-priced, multiple-home and non-resident holdings.
According to the plan announced by the finance ministry, the comprehensive real-estate tax burden diverges sharply by whether a home is owner-occupied and by its price bracket. A single-home owner-occupier pays no such tax up to a market value of 2 billion won, regardless of residence status.
광고 문의 · 300×250By contrast, the burden rises for ultra-expensive homes and non-resident holdings. In one example, the tax on a unit in Lidsentz, Jamsil, would jump from 2.13 million won for an owner-occupier to 7.47 million won for a non-resident—more than triple.
Still, the so-called 'Ma-Yong-Seong' districts (Mapo, Yongsan, Seongdong) in the 3-billion-won range also escape the increase, drawing assessments that the aim of curbing the 'one prime home' trend has faded somewhat.
Experts said the housing market could see more listings in the short term. Forecasts for prices were mixed, and some warned that residence-centered benefits could reduce the supply of rental units.
Hwagyo Sibo reports Korea's property and tax policy as a structure of gains and losses by generation and asset type. For Chinese families with assets in Korea, the difference in tax burden by residence status is a real factor to weigh—though tax rules can change in implementation, and each individual bears responsibility for their own judgment.
