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Saturday, October 17, 2026 · Morning · Policies 2 pages
Front page · Policies

Daegu attracts public institutions
100% acquisition tax exemption

Daegu City has announced settlement support measures in preparation for the second wave of public institution relocations.

  1. 1 pagesDaegu attracts public institutions 100% acquisition tax exemptionPolicies
  2. 2 pagesInsurance premium support criteria Relaxed to 1 million wonPolicies
Policies · Under review · 2 sources combinedp. 1 / 2

Daegu attracts public institutions
100% acquisition tax exemption

Photo: 연합뉴스

In short

Daegu City has announced settlement support measures in preparation for the second wave of public institution relocations.

The transfer rate for children of relocated agency employees will increase from 2% to 5% for school admissions.

The city is also pursuing a plan to cut acquisition tax by 100% for homes of 135㎡ or less.

Key facts

WhenDaegu City announced a comprehensive support plan on the 15th.
WhoDaegu City is supporting executives, employees, and families of the second wave public institution relocation targets.
WhatIt has prepared 20 tasks and 43 detailed plans across 7 areas: housing, transportation, childcare, education, and more.
HowThe city will implement its own initiatives immediately and propose tax incentives to the central government.

What it means for me

Daegu residents can receive some benefits such as discounts on public facility usage.

Employees of relocated public institutions can receive acquisition tax exemptions and school admission benefits for their children.

Policies · Under review · 2 sources combinedp. 2 / 2

Insurance premium support criteria
Relaxed to 1 million won

Photo: 한국경제

In short

The National Pension Service decided to raise the insurance premium support criteria for low-income self-employed contributors.

Currently, only those with monthly income below 800,000 won receive 50% of their insurance premiums covered.

Starting in the future, those with monthly income below 1 million won may become eligible for support.

Key facts

WhenThe plan is being pushed to be reflected in the 2027 government budget, with the implementation timing to be determined.
WhoThe National Pension Service reported the plan during a parliamentary inspection by the National Assembly Health and Welfare Committee.
WhatThe plan raises the income criteria for insurance premium support for low-income self-employed contributors from 800,000 won to below 1 million won per month.
HowWhen criteria are met, eligible contributors can receive up to 50% of their insurance premiums for a maximum of 12 months over their lifetime.

What it means for me

Self-employed contributors with monthly income between 800,000 and 1 million won may see their insurance premium burden reduced.

Self-employed workers with fluctuating income may be eligible for broader insurance premium support.

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