For investors outside Korea
How foreign investors can buy Korean stocks
As of October 2026 · Last checked Oct 9, 2026. Rules and broker offerings change, so check before you act.
Registration is gone (Dec 14, 2023)
Korea scrapped its 30-year-old foreign investor registration. Individuals can open an account with a Korean broker using a passport number instead.
Source: Financial Services Commission, Dec 13, 2023 · FSC press release
Overseas brokers can route your orders (Jan 2026)
Overseas brokers can now trade for their clients through one omnibus account at a Korean broker. Ask your current broker whether it offers Korean stocks.
Source: Financial Services Commission guidelines, Nov 27, 2025 · FSC guidelines
Four ways in
A. Through your overseas broker, if it offers Korea access.
B. Directly with a Korean broker (passport-based account).
C. Indirectly, via Korea-focused funds or ETFs listed where you live.
D. Depositary receipts (ADRs/GDRs) of some large Korean companies, listed in the US or London. Only a few companies have them.
We do not rank or recommend any broker, fund or security.
Taxes and currency
Dividends: 22% withheld in Korea unless your tax treaty sets a lower rate.
Gains on listed shares: generally not taxed in Korea if you held under 25% of the company; otherwise the lesser of 11% of the proceeds or 22% of the gain, unless a treaty says otherwise.
Currency: trades settle in Korean won; your broker converts for you.
Your home country may tax you too.
General information, not tax advice. Check with a tax adviser in your country.
Sources: PwC Worldwide Tax Summaries (Korea); Korea JoongAng Daily · PwC tax summary · Korea JoongAng Daily
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