Principally, a resident is any individual who has his/her domicile in Korea or a place of residence for 1 year or more in Korea. The domicile shall be judged by the objective facts of living relationship, such as the existence of a family living together in Korea and of the property located in Korea. And, the 'place of residence' means the place where a person has dwelt for a long time besides his address, and in which no close general living relationship is formed as the domicile.
A taxpayer who falls within the following cases is deemed to have a domicile in Korea.
ⅰ) Who has an occupation which would require him to reside in Korea for 1 year or more; orⅱ) Who has his family in Korea and is likely to reside in Korea for 1 year or more based on his occupation or assets held in Korea.
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