Hanho Money
Following the money between Korea and Australia.
한국과 호주 사이, 돈의 길을 안내합니다.
Wealth, tax, investing, and retirement — from 20 years as a CPA and 10 building fintech.
Start here · the basics
Foundations
Money between Korea and Australia: where to start — the whole map
Money between Korea and Australia breaks into four flows — remittance & FX, investing & assets, tax, and superannuation. What matters most isn't how much you have, but which direction you're moving. This is the whole map, and the entry point to every topic.
Am I an Australian tax resident? — Korea, Australia, and when residency changes
Tax residency is decided by where you actually live, not your visa. Australia and Korea each have different tests, and if both treat you as a resident, Article 4 of the Korea–Australia tax treaty breaks the tie. CGT, dividend tax, super, reverse migration — every tax question starts with 'which country am I a resident of right now?'
Korea and Australia — taxed twice on the same income? The treaty and double tax
Korea and Australia have a tax treaty that stops the same income being taxed twice. The key is three things — your tax residency, the type of income, and the foreign tax credit. It isn't automatic, though: in most cases you report in both countries and the credit adjusts for it.
AUD–KRW: what's the real rate when you transfer money? — mid-market vs applied rate
The AUD/KRW rate in the news (the mid-market rate) isn't what you get when you transfer. Your real cost is set by three things — the mid-market rate, the spread, and fees. Understanding the cost structure and splitting transfers beats trying to time the rate — and the bigger the sum, the more a 1–2% gap matters.
Which way are you going?
Latest
- Sending Money from Korea to Australia — Does the $100,000 Limit Apply to Australian Citizens? (2026 Rules)
Korea's foreign-exchange law splits people by residency, not nationality. A Korean-national resident can send up to USD 100,000 a year without documents; a foreign resident, USD 50,000; but a non-resident overseas Korean (e.g. an Australian citizen) isn't capped at all — under the asset-repatriation procedure, properly documented assets move with no upper limit. The one line to remember: the $100,000 is a no-documentation threshold, not a ceiling.
- 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).
- Returning to Korea — Nationality vs F-5 vs F-4: How Health Cover and Tax Differ (2026)
Choosing between restoring nationality, F-5 and F-4 when you move back to Korea comes down to age, work and health insurance. Tax is the same for all three (live in Korea and you're a resident taxed on worldwide income). What differs is health cover (only F-5 is immediate; the others wait six months), work (F-4 is restricted) and dual nationality (only for 65+). Here are each path's requirements and documents.
- 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.
- Money between Korea and Australia: where to start — the whole map
Money between Korea and Australia breaks into four flows — remittance & FX, investing & assets, tax, and superannuation. What matters most isn't how much you have, but which direction you're moving. This is the whole map, and the entry point to every topic.
- AUD–KRW: what's the real rate when you transfer money? — mid-market vs applied rate
The AUD/KRW rate in the news (the mid-market rate) isn't what you get when you transfer. Your real cost is set by three things — the mid-market rate, the spread, and fees. Understanding the cost structure and splitting transfers beats trying to time the rate — and the bigger the sum, the more a 1–2% gap matters.