Inheritance & gifts · 상속·증여

• Australia Has No Inheritance Tax — So Why Is There a Korean Tax? (Korea–Australia Inheritance)

  The hinge for Korea-Australia inheritance isn't 'who receives' but 'who died'. If the deceased was a Korean resident, the worldwide estate — including Australian assets — is taxed (Inheritance & Gift Tax Act Art. 3); if a non-resident, only Korean assets, but deductions shrink to a ₩200m basic. 'Just gift it early' can backfire via the 10-year add-back (Art. 13) and the deduction-cap reduction (Art. 24).

• Sending Money from Australia to Korea — Cost, FX, Gift Tax, and the Receiving-Side Limits (2026)

  There is no legal cap on sending from Australia to Korea. What matters is the receiving side — fintech receipts are capped at USD 5,000 per transfer and USD 100,000 a year, the first receipt needs an identity check, and money sent to family can trigger Korean gift tax. And the larger the amount, the more the exchange rate matters than the fee, tax more than FX, and why-you-send more than tax.

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