Tax Appeal of South Korean Immigration

Our neighbor South Korea offers a Residence By Investment (RBI) program. For applicants under 55, a minimum deposit of 500 million Korean Won (approximately 2.66 million RMB) is required, while those 55 and above need 300 million Korean Won (about 1.59 million RMB). After five years, participants can obtain permanent residency, and upon meeting additional requirements, they become eligible for South Korean citizenship.

But does South Korea's tax system hold any appeal for Chinese high-net-worth individuals? Let's dive in.