Situation guides
💸 Remittance & FX Centre
A map for anyone moving money between Korea and Australia — parents paying tuition, migrants moving settlement funds, Korean-Australians sending money home, and those preparing a return to Korea.
Reading order: principles → your direction → the rules → the market now → next actions.
Start here — the principles
- The Korea–Australia money map
Remittance, investing, tax, pensions — the starting point for everything
- The AUD–KRW rate and remittance timing
Your rate = market rate + spread + fees — reading the real cost
- Should you transfer when the AUD is strong?
You don't predict the rate — you manage your exposure
By direction — the practicalities
- Sending money from Korea to Australia
US$100k/yr without documentation — unlimited with it
- Sending money from Australia to Korea — limits, costs, gift tax
No cap on sending; the real limits sit on the receiving side
- Selling a Korean apartment to move the funds
Documents by status, apostille, CGT — the order of moving proceeds
- Korean property rules follow you to Australia
Loans, CGT, residency — the after-tax, after-remittance, after-FX amount
Rules & formats — avoiding bounces and tax surprises
- The 'US$5,000 per transfer' era is over
2026 reform — US$100k a year, per-transfer cap abolished; provider caps and documentation now decide
- Sloppy addresses now bounce transfers
ISO 20022 — data errors beat exchange rates as the real risk
- USDT so it "doesn't get traced"?
Crypto remittance after the travel rule — the end of anonymous transfers
- Crypto remittance moves into the regulated zone
Korea's FX Act amendment (Dec 2026) — registered virtual-asset transfer
- Korea–Australia inheritance and gift tax
Money to family — which country taxes it
Market structure, right now
- Korea's won now trades 24 hours
What the structural change means for transfers
- Why is the won so weak?
Build to endure, not to predict — staged conversion + a 5–10% buffer
Tools — run your own numbers
- Remittance cost calculator
Quoted rate, fee and mid-market rate → total cost and how much of it is spread
- Korea–Australia money and tax glossary
Spread, intermediary fees, Travel Rule — 92 terms defined
Next actions
- What to do with your money before Australia
The residency date, asset order, source-of-funds records
- Moving back to Korea — super, property, tax
The order of money going home
- The money map for arriving in Australia
After the transfer — FX, residency, records
- Settling in Australia — the danger is 'locked-up cash'
How fast transferred money locks up early — the settling buffer
🧭 Migration · Study · WHV money map · ✈️ Returning to Korea · All remittance articles · Home