Relocating to South Korea
Statutory tax and social-security figures for South Korea, each quoted from the official publication cited under it. Tax year 2026; last verified 9 Oct 2026.
Tax and social security
Employer-provided company housing (사택)
Source: Income Tax Act Enforcement Decree, Art. 17-4, and Enforcement Rule, Art. 9-2; Restriction of Special Taxation Act, Art. 18-2(3), and its Enforcement Decree, Art. 16-2(5) (law.go.kr)
National Pension, NPS
- Employee contribution rate
- 4.75%
Source: Ministry of Health and Welfare (MOHW) press release, 29 December 2025: 2026 National Pension contribution rate
National Pension income ceiling
- Monthly income ceiling for contributions
- KRW 6,590,000
Source: National Pension Service (NPS), standard monthly income upper and lower limits, July 2026 to June 2027
National Health Insurance, NHIS
- Premium rate for employed members, shared equally by employee and employer
- 7.19%
Source: National Health Insurance Service (NHIS), Contribution: 2026 employee-insured premium rate
Health and long-term care insurance, premium cap and care-insurance ratio
- Monthly health insurance premium cap
- KRW 9,183,480
- Long-term care insurance premium, as a share of the health insurance premium
- 13.14%
Source: Ministry of Government Legislation, Easy to Find Practical Law (easylaw.go.kr): National Health Insurance premium assessment; MOHW press release, 4 November 2025 (long-term care insurance rate)
Employment Insurance
- Unemployment benefit contribution rate, employee share
- 0.9%
Source: Enforcement Decree of the Act on the Collection of Insurance Premiums, etc. for Employment Insurance and Industrial Accident Compensation Insurance, Article 12 (law.go.kr)
Cost of living
Groceries benchmark, per month, reference household of 4
2 adults and 2 children
KRW 525,000
Source: World Bank ICP 2021 food spending per person, calibrated to household surveys (consumer price index 2025)
Go further
Rent and school fees are published city by city. A personal report applies these figures to your own salary, family and employer benefits.