Important Information on Import of Cars to South Korea

The import duty and tax is applicable on all the cars imported to South Korea, irrespective of the use of cars. According to the rules in South Korea, you cannot sell or transfer the foreign made car up to three years.

The important ports in South Korea are Busan, Inchhon, Kangnung, Seoul and Taegu. Most of the shipping companies import cars to Seoul.

The customer should have the following documents to declare that he/she owns the car:

• Registration Certificate
• Purchase Receipt or Invoice, with certified purchase amount
• Work Permit valid for more than one year
• Passport
• Customs Clearance
• Title
• Insurance Policy
• Please ensure that you vehicle is listed on the record along with complete technical details (make, model, plate number, year, etc.)

Many people import cars without referring to the rules and regulations of automobiles. The imported cars have to undergo a technical test, before they are given permission to be used in Bulgaria. After the test, the owner is handed over with the registration number of the car and the registration documents. The owner is not allowed to sell the car in the first year of registration.

The export duty is to be paid to the American government at the time of exporting the car. The only method to export car to Bulgaria is through shipment.

Many shipment companies export cars to Bulgaria from the USA on daily basis. You can get cheap deals with such exporters.

In Bulgaria importance is given to the performance test and insurance of the vehicle. One should always carry important documents while using a car.