Rural House Tax Exemption Calculator

Rural House Tax Exemption Calculator helps estimate Korea-related property tax, capital gains, gift, inheritance, exemption, or transfer scenarios in English.

Rural house tax exemption checker

Uses the Korean rural-house exemption model for acquisition window, location, standard value, three-year holding, order, and high-value house taxation.

Korean source inputs

Verdict

Qualified

Rural house excluded from house count.

Tax saving

₩142,846,000

Price cap ₩300,000,000.

Special-rule tax

₩0

Taxable gain ₩0.

Without rule tax

₩142,846,000

Tax base ₩389,500,000.

Acquisition start

2003

Rural and hometown windows start in different years.

Checks passed

7/7

0 warnings, 3 tips.

This English calculator calls the same pure Korean calculation function used by the Korean page. Inputs and labels are translated; the formula is not replaced by a generic stub.

Related calculators

Rural house tax exemption checker

This page translates the Korean rural-house and hometown-house exemption checker for excluding one qualifying countryside house from the owner house count when the ordinary city house is sold.

Legal basis and acquisition windows

The Korean source follows Special Tax Treatment Restriction Act Article 99-4. The rule is often called the rural house, countryside house, hometown house, or second-home special rule, but its effect is specific: it excludes the qualifying rural house from the house count when the ordinary general house is sold.

For a rural house, the acquisition window is 2003-08-01 to 2028-12-31. For a hometown house, the hometown house window is 2009-01-01 to 2028-12-31. The 2025 tax-law revision extended the sunset from 2025-12-31 to 2028-12-31.

Location and value conditions

The house must generally be in an eup or myeon area, a dong in a city with population of 200,000 or fewer, or a population-decline area. Population-decline areas were added from 2024 transfers, which widened the rule beyond older countryside-only explanations.

The standard value cap is KRW 300 million, or KRW 400 million for hanok, measured at acquisition and based on official individual house price or apartment price, not market transaction price. The older KRW 200 million limit is outdated for current 2026 screening.

Holding, exclusions, and recapture

A 3-year holding requirement applies to the rural or hometown house. The ordinary general house must have been owned first, and if the rural house is sold or fails the 3-year holding requirement after exemption was claimed, the previously saved capital gains tax can be recaptured.

The area requirement was removed from 2021 transfers, so old limits such as 660 sqm of land or 150 sqm of house area no longer decide the special rule. Exclusions still matter: Seoul, Incheon, Gyeonggi except limited exceptions, urban land-use zones, regulated areas, land transaction permit zones, tourism complexes, and same or adjacent eup, myeon, or dong as the general house can block the rule.