[Background]

For foreigners, the eligibility to engage in the rental business varies depending on their status of stay, and their tax status as a resident is determined by whether they have an address or have resided in Korea for 183 days or more, which changes the basis for taxation. Since the transaction reporting form does not include these items, individual supporting documents must be collected during transaction investigations, making timely disposition difficult. Therefore, the purpose of this is to mandate that foreign buyers report their status of stay and whether they have a domestic address or have resided for 183 days or more, thereby improving and supplementing certain deficiencies in the current system, preventing speculative investment by foreigners, and achieving equitable taxation.

[Main Points]

Adding the buyer's status of stay and whether they have a domestic address or reside for 183 days or more to the real estate transaction reporting requirements, specifically for cases where the buyer is a foreigner.