Please feel free to add to the community any information regarding houses abroad, whether it is tax legal, financial, commercial or social.
South Korea
1. The tax rate for transferring real estate in South Korea is 6% of the assessed value.
2. The tax rate for renting out a house in South Korea is 15% of the rental income.
3. The top 5 most popular regions to live in South Korea are:
- Seoul
- Busan
- Incheon
- Daegu
- Daejeon
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