When a Korean national residing abroad as defined in subparagraph 1 of Article 2 of the Act on the Immigration and Legal Status of Overseas Koreans or a foreigner as defined in subparagraph 2 of Article 2 of the Immigration Act applies for registration with the head of the registrar’s office to transfer assets specified in Article 94 (1) 1 and transfer the ownership thereof, they shall submit a real estate transfer notification certificate as prescribed by Presidential Decree.[This Article Newly Inserted on Dec. 31, 2019]
Laws › Income Tax Act › SECTION 7 Preliminary Return on Tax Base of Capital Gains and Payment
Income Tax Act — Article 108 (Submission of Real Estate Transfer Notification Certificate by Korean National Residing Abroad and Foreigner)
소득세법 제108조
This English translation is based on the Korean text effective 2024-05-17. The Korean law has since been amended (current version effective 2026-07-01) — check the Korean original.