Property Acquisition Tax Calculator
Last updated: 2026-06-25
For a single home, the acquisition tax rate is 1% up to 600M, 1-3% linear for 600-900M, and 3% above 900M KRW. Added on top are local education tax (10% of acquisition tax) and, if the exclusive area exceeds 85 square meters, special rural development tax (0.2% of the price).
Total acquisition tax = acquisition tax + local education tax + special rural development tax. Multi-home or adjustment-area acquisitions may trigger heavy rates (8-12%).
Acquisition Tax Calculation
Total tax payable (acquisition tax + surtaxes)
0 KRW
| Item | Amount |
|---|---|
| Acquisition price | |
| Acquisition tax (base) | |
| Local education tax (10% of acq. tax) | |
| Special rural development tax (0.2%) | |
| Total |
This calculator estimates based on the base single-home rate. Multi-home, adjustment-target-area, and corporate acquisitions may be subject to heavy rates; for exact figures, check Wetax.
How to use
- Enter the home price — Enter the acquisition price (sale price) in KRW.
- Choose the area — Select whether the exclusive area exceeds 85 square meters (the surtax threshold).
- View the result — Click Calculate to see acquisition tax, local education tax, special rural development tax, and the total in a table.
How property acquisition tax is calculated
When you acquire a home for consideration, acquisition tax is levied based on the acquisition price. For a single home, the rate is a flat 1% up to 600 million KRW and a flat 3% above 900 million, with a linear increase from 1% to 3% in the 600-900 million range. On top of the base acquisition tax, local education tax and (when applicable) the special rural development tax are added as surtaxes.
| Acquisition price | Acq. tax rate | Local education tax | Rural development tax |
|---|---|---|---|
| 600 million KRW or less | 1.0% | Acq. tax × 10% | Over 85 m²: 0.2% |
| 600 – 900 million | 1-3% linear | Acq. tax × 10% | Over 85 m²: 0.2% |
| Above 900 million | 3.0% | Acq. tax × 10% | Over 85 m²: 0.2% |
The rate in the 600-900 million range is computed with the formula (acquisition price × 2 ÷ 300M − 3) ÷ 100. For example, at 750 million KRW the rate is 2%. Local education tax is levied at 10% of the acquisition tax on the 1-3% housing range, and the special rural development tax of 0.2% of the acquisition price applies only to homes whose exclusive area exceeds 85 square meters (national-housing size and under is exempt).
If you own 2 or more homes, or acquire an additional home in an adjustment target area, a heavy rate of 8% or 12% may apply. For other costs in a home transaction, see the guide Taxes and Costs When Buying a Home in Korea.
Frequently Asked Questions (FAQ)
What are the property acquisition tax rates?
For a single home (paid acquisition), the acquisition tax rate is 1% up to 600 million KRW, a 1-3% linear range from 600 to 900 million, and 3% above 900 million. Added on top are local education tax (10% of acquisition tax) and, if the exclusive area exceeds 85 square meters, the special rural development tax (0.2% of the acquisition price).
How is the tax rate computed in the 600-900 million range?
In the 600-900 million range, the rate increases linearly as '(acquisition price × 2/300M − 3) ÷ 100'. For example, at 750 million the rate is about 2%. It is rounded to the fifth decimal place.
How is it different for multiple homeowners or adjustment target areas?
Acquiring an additional home as a 2+ home owner, or a home in an adjustment target area, may trigger a heavy rate of 8% or 12%. Corporate acquisitions are also subject to heavy rates. This calculator uses the base single-home rate, so check separately if a heavy rate applies.
What are the special rural development tax and local education tax?
Local education tax is levied at 10% of the acquisition tax (on the 1-3% housing range). The special rural development tax is 0.2% of the acquisition price only for homes whose exclusive area exceeds 85 square meters. National-housing-size homes of 85 square meters or less are exempt from it.
Related calculators and guides
Last updated: 2026-06-25