Everything on Tax Policy & Wealth

South Korea's high inheritance tax rates are forcing asset sales and driving wealthy individuals to relocate to Singapore and Hong Kong. The mismatch between static tax thresholds and rising property values is creating significant economic friction.

Impact: Capital flight and reduced domestic investment may result from punitive tax regimes, potentially impacting real estate markets and consumer spending among high-net-worth individuals.

— from Asia Business Trends: Tariffs, Copper, Tax Reform · Nikkei Asia News Roundup with Jada and Brian· Feb 06, 2026