The number of high-net-worth individuals who left South Korea last year surged to 2,400, doubling the previous year’s figure.
The Korea Chamber of Commerce and Industry, citing a report by UK-based immigration consultancy Henley & Partners, said Tuesday that the estimated annual net outflow of South Korean high-net-worth ...
A recent report by the Korea Chamber of Commerce and Industry (KCCI) has sounded the alarm over a growing outflow of wealth linked to inheritance taxes. The report says Korea has the highest effective ...
Opinion

[Editorial] Exodus of the wealthy

Wealthy individuals are increasingly leaving South Korea under the strain of inheritance tax burdens. The Korea Chamber of Commerce and Industry, citing a repor ...
Probate eats up lots of time and money, but there are ways to avoid it. Here are 7 expert tips.
At the broader, societal level, inherited wealth, coupled with a sense of duty, creates a civilization’s infrastructure. The ...
Making diagrams saves time, reduces ambiguity, and leaves a memorable impression on examiners. Check tips shared by the ...
Understanding why quality class photography matters reveals how these formal portraits create value extending far beyond ...
Having received a multi-billion-dollar inheritance from her late husband, Laurene Powell Jobs says she is fulfilling the wish ...
Royal Civility and World Civility announce the Class of 2026, recognising global leaders whose lives embody civility ...