Before moving your RIA account, you must check this to avoid losses | Kim Ji-yeon, Yeo Do-eun, Heo Jae-mu

Summary

The episode focuses on Korean tax and policy-driven investment considerations. A tax accountant explains the May 9 expiration of the capital gains tax surcharge suspension for multi-home owners, the new RIA account that provides tax deductions for selling overseas stocks and reinvesting in Korean equities or equity funds, and the upcoming National Growth Fund with strong income-deduction and dividend-tax benefits. The discussion highlights deadlines, eligibility rules, and execution details that can materially affect after-tax returns.

• Capital gains tax surcharge suspension for multi-home owners ends May 9, requiring careful sale timing.
• RIA account allows up to KRW 50 million of overseas stock sales to be reinvested in Korean equities or equity funds for tax deduction.
• RIA deduction rate declines from 100% in Q1 to 80% in Q2 and 50% in H2 2026.
• Additional overseas stock purchases in ordinary accounts in 2026 reduce the RIA deduction.
• National Growth Fund is expected to launch around June-July with a 40% income deduction on up to KRW 30 million invested and 9.9% dividend/sale income tax after three years.
• Investors should consider spreading National Growth Fund subscriptions across years because of the KRW 25 million comprehensive income deduction cap.
• Family transactions and tax-driven selling may distort reported apartment prices.
• The host notes Korean equities outperformed US equities last year and conditional interest in continuing that trend.