Korea NPS Lump-Sum Refund for Expats: How to Claim Your Pension Contributions
If you are an expat who has contributed to the National Pension System (NPS) in Korea and are planning to leave the country, you might...
Korea National Pension System for Expats: What You Need to Know
The National Pension System (NPS) in Korea plays a vital role in providing retirement, disability, and survivor benefits to workers. For...
Understanding the Deathbed Gift (사인증여) and Its Conditions in Korea
A "gift effective upon death," or 사인증여 (sainjeungyeo), is a unique form of asset transfer that becomes valid only upon the donor's death....
Korea Social Security Programs for Expats: A Complete Guide
As an expat living and working in Korea, it’s essential to understand the country’s social security programs. These programs cover a...
Korean Tax Guide for Expat Individuals: What You Need to Know
Navigating the tax system in a foreign country can be overwhelming, especially if you’re an expat living in Korea. Whether you’re working...
2024 Foreign Financial Account Reporting System: Key Changes and Essential Guide
A comprehensive overview of this year's updates to help you meet your obligations and avoid penalties. With the implementation of the...
Understanding Gift Tax for Foreigners in Korea: A Simple Guide
If you're a foreigner living in Korea or planning to give gifts here, it's important to know how gift taxes work. This guide will help...
Inheritance Tax for Foreigners' Owned Property in Korea
Introduction If you’re a foreigner who owns property in Korea, understanding the inheritance tax is crucial. Korea imposes inheritance...
Understanding Gifts Effective Upon Death in Korea: Death-Bed Gift Agreement 사인증여
A "gift effective upon death," or 사인증여 (sainjeungyeo), refers to a special type of gift contract that only takes effect once the donor...
Top 10 Rules for Doing Business in Korea
October 17, 2024 Sean Hayes www.thekoreanlawblog.com I read this 10 rules once upon a time, but I think some of rules are still valid...