Samsung Securities’ RIA Account Balance Surpasses 30 Billion Won

More Than 4,000 Accounts Opened
Average Balance Per Account Reaches 7.5 Million Won

As of 9 a.m. on March 26, Samsung Securities announced that the balance of its "Domestic Market Re-entry Account (RIA)" has surpassed 30 billion won.

Since its launch on March 23, the number of accounts has exceeded 4,000. The average balance per account was confirmed to be approximately 7.5 million won.

The RIA is a policy-linked account that provides temporary overseas stock capital gains tax benefits when proceeds from the sale of overseas stocks are converted into Korean won and reinvested in the domestic market for the long term. After opening the account, overseas stocks may be deposited and sold, after which the proceeds are automatically converted into Korean won. The funds must then be reinvested for at least one year in domestic stocks, domestic funds, or Korean won deposits.

If a customer purchases domestic stocks with up to 50 million won from the sale of overseas stocks and holds them for more than one year, capital gains tax on overseas stocks will be reduced by 100% until May 2026, 80% until July 2026, and 50% until the end of 2026.

Currently, Samsung Securities is holding a "RIA Preferred Fee Event" to promote the activation of RIA accounts. When opening an RIA account, customers can benefit from domestic stock trading fee reductions and currency conversion fee discounts. For more details on the preferred fee event, please refer to the Samsung Securities website or the mobile app "mPOP."

A Samsung Securities representative stated, "With the valuation attractiveness of the Korean stock market being re-evaluated, we expect the long-term investment in Korean stocks through RIA accounts to be invigorated."

This content was produced with the assistance of AI translation services.