Transfer tax on Korean apartments when acquiring overseas (Australian) citizenship
Among the permanent residents who have settled overseas, there must be many who have left their real estate, including apartments, in Korea. I have been living in Australia for over 10 years, and I got permanent residency 5 years ago. As my permanent residency renewal is approaching, I received an email from the Australian Immigration Service asking me to apply for a RRV (Resident Return Visa) or citizenship, or both. I suddenly wondered, 'If I get overseas citizenship, can I later leave my apartment in Korea? Read more
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