Korean bunyanggwon capital gains tax: still 60% past two years
A bunyanggwon is taxed at 70% under one year and 60% thereafter, however long it is held. On a 100 million won premium, 61.05 million goes to tax and 33.95 million is left.
Tag
#분양권 4 posts
Ipjugwon vs Bunyangkwon: 2.8% Tax and House-Count Rules
Acquiring a completed home through an ipjugwon (redevelopment membership right) carries a flat 2.8% acquisition tax regardless of how many homes you own. The same home via a bunyangkwon can reach 8%.
Ipjugwon vs Bunyanggwon: How Korea Taxes Each Differently
Held past two years, a bunyanggwon (presale right) is taxed at a flat 60% while an ipjugwon (redevelopment member's right) drops to the 6-45% basic rates. On a 200 million won gain that is a 70 million won gap. Here is the full comparison.
Apartment Resale Restriction Periods by Region and Type
Resale restrictions on apartment pre-sale rights run within a 10-year cap, split by region and type. Metro-area speculation zones and price-cap public land face 3 years, metro-city urban areas 6 months, and elsewhere none.