Money
Money and taxes
Year-end tax, severance, pension refunds, credit, child benefits, remittance. The financial side of living in Korea.
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Start here. The 5 guides our readers open the most in this pillar.
Daily lifeKorean Child Benefits for Foreign Residents: What You Actually Qualify For (2026)
Most foreign parents in Korea assume child benefits track their visa type. They don't. The decisive variable is the child's Korean ์ฃผ๋ฏผ๋ฑ๋ก๋ฒํธ. This guide explains the 2026 rules for ์๋์๋น, ๋ถ๋ชจ๊ธ์ฌ, ๋ณด์ก๋ฃ, ์์ก์๋น, ๊ตญ๋ฏผํ๋ณต์นด๋, ์ฒซ๋ง๋จ์ด์ฉ๊ถ, and district ์ถ์ฐ์ฅ๋ ค๊ธ, with what changed in 2025 and 2026.
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MoneySeverance Pay (ํด์ง๊ธ) in Korea for Foreign Workers
What foreign workers in Korea need to know about severance pay: who qualifies, how the 30-day formula works, DB vs DC vs IRP plans, the 14-day payment rule, common employer traps, and how to claim unpaid severance through the Ministry of Employment & Labor.
Read guideMoneyKorea Income Tax for Foreign Residents: May 31 Filing Deadline (์ข ํฉ์๋์ธ)
Korean income tax (์ข ํฉ์๋์ธ) for foreign residents: who must file by May 31, the 19% flat rate option, double-taxation treaties, and what to settle before leaving Korea.
Read guideMoneyYear-End Tax Settlement (์ฐ๋ง์ ์ฐ) for Foreign Residents in Korea
How Korea's year-end tax settlement works for foreign residents: the January-February timeline, the 19% flat rate vs. progressive brackets decision, deductions most foreigners miss (including overseas dependents), and what to do if you leave Korea mid-year.
Read guideMoneyKorea Pension Refund Guide: Claiming Your NPS Lump Sum When Leaving
How to claim your National Pension Service (NPS) lump-sum refund when leaving Korea. Who qualifies via visa, treaty, or reciprocity; how to apply; airport-desk option; and the 5-year claim deadline.
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MoneyBuilding Korean Credit as a Foreign Resident
How Korean credit scores actually work for foreigners: which bureaus matter (KCB, NICE), how to check your score, how to build credit from scratch, why many banks reject foreigners with good home-country credit, and practical steps that move your score in 6 to 12 months.
Read guideMoneyKorea Income Tax for Foreign Residents: May 31 Filing Deadline (์ข ํฉ์๋์ธ)
Korean income tax (์ข ํฉ์๋์ธ) for foreign residents: who must file by May 31, the 19% flat rate option, double-taxation treaties, and what to settle before leaving Korea.
Read guideMoneyKorea Pension Refund Guide: Claiming Your NPS Lump Sum When Leaving
How to claim your National Pension Service (NPS) lump-sum refund when leaving Korea. Who qualifies via visa, treaty, or reciprocity; how to apply; airport-desk option; and the 5-year claim deadline.
Read guideMoneySeverance Pay (ํด์ง๊ธ) in Korea for Foreign Workers
What foreign workers in Korea need to know about severance pay: who qualifies, how the 30-day formula works, DB vs DC vs IRP plans, the 14-day payment rule, common employer traps, and how to claim unpaid severance through the Ministry of Employment & Labor.
Read guideMoneyYear-End Tax Settlement (์ฐ๋ง์ ์ฐ) for Foreign Residents in Korea
How Korea's year-end tax settlement works for foreign residents: the January-February timeline, the 19% flat rate vs. progressive brackets decision, deductions most foreigners miss (including overseas dependents), and what to do if you leave Korea mid-year.
Read guideMoneyLeaving Korea: The Complete Departure Checklist for Foreign Residents
A month-by-month timeline for leaving Korea: pension refund, severance, final taxes, bank accounts, lease termination, shipping, ARC cancellation, pets, and the order things must happen in to avoid costly mistakes.
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