A foreign buyer can face more than one filing clock after signing a Korean property contract. InvestKOREA describes a 30-day transaction report for a contract and a separate foreign-acquisition notice that can have a different deadline; confirm which filings apply to your status, property and funding route before signing.
간단 요약
- Contract-based transaction reporting is generally due within 30 days.
- A separate foreign-acquisition notice may use a different deadline and trigger.
- Budget acquisition and holding taxes separately; rates depend on the property and buyer.
1. Which report is due within 30 days?
InvestKOREA says parties to a real-estate transaction, including a foreign buyer, generally report a contract to the relevant authority within 30 days from the contract date. This transaction report is separate from a foreigner’s acquisition notification and from title registration.
2. Why can the foreigner notice have a different deadline?
InvestKOREA’s current procedure page distinguishes resident and nonresident foreign buyers and describes additional steps for funds brought from abroad. The exact filing route depends on residence status, how the property was acquired and how the purchase money is sourced.
Do not combine the 30-day transaction report with a separate notice and assume one filing completes both. Ask the city, county or district office and the foreign-exchange bank for a dated checklist before transferring funds.
3. What taxes should you price before an offer?
A purchase can involve acquisition tax and later property-related taxes. The amount depends on property type, value, ownership structure, location and the buyer’s other holdings. Get a written estimate from a qualified Korean tax professional using the actual contract and ownership plan.
A general online percentage can mislead when surcharges, exemptions or multiple-home rules apply. Keep purchase price, payment schedule, transaction costs, tax estimate and expected filing dates in one worksheet.
5. Official sources
- InvestKOREA real-estate acquisition procedures
- InvestKOREA FAQ on foreign property acquisition reports
- Bank of Korea foreign-exchange FAQ
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✅ 결론
Confirm your buyer classification, passport and residence documents, property registration extract, contract report route, acquisition notice route, funds source and title-registration documents.
FAQ — 자주 묻는 질문
Q1. Is every foreign property purchase reported within 30 days?
A contract-based transaction report is generally due within 30 days, but foreigner-acquisition reporting and nonresident foreign-exchange filings are separate. Check the rules for the exact acquisition method and buyer status.
※ Checked October 1, 2026. Terms can change and vary by person, provider or transaction; confirm the current rule with the linked official source before acting.
