Korean prices include 10% VAT, so VAT is 1/11 (about 9.1%) of what you pay.
After the refund operator's fee, tourists usually get back about 5.5–7.5% of the price.
Shop at stores marked TAX FREE; each receipt must be at least ₩15,000. Instant in-store refunds are limited to under ₩1,000,000 per receipt and ₩5,000,000 per stay.
Bring your passport. Goods must leave Korea with you, usually within 3 months of purchase.
FAQ
How much tax refund do tourists get in Korea?
VAT is 1/11 of the price; after operator fees you typically receive about 5.5–7.5% of the amount paid.
What is the minimum purchase for a tax refund in Korea?
₩15,000 on a single receipt at a participating TAX FREE store.