Daishin Securities Offers Up to 500,000 Won for Opening RIA Accounts
Daishin Securities announced on March 26 that it is holding an event to provide financial support to customers who open a Returning Investor Account (RIA) for the domestic market.
This event will run until April 30. Customers who open an RIA account during the event period and complete their application through Daishin Securities Cybos, Creon (HTS·MTS), or the official website are eligible to participate.
All customers who deposit overseas stocks into their RIA account will receive a support fund of 5,000 won. In addition, 100 customers who have received this initial benefit will be selected by lottery to receive an extra support fund ranging from 100,000 won up to a maximum of 500,000 won.
Cho Taewon, Head of Customer Solutions at Daishin Securities, stated, "As a strong performance is expected in the Korean stock market this year, both domestic and overseas investors are showing increased interest. We hope that returning to domestic stocks during the event period will allow customers to receive support funds and enjoy policy benefits such as capital gains tax exemptions."
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Meanwhile, if a customer sells overseas stocks and returns to domestic stocks through an RIA account, capital gains tax will be fully exempt until May. The exemption rate will be 80% until July and 50% until the end of the year, respectively.
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