Korean retail investors are shifting back to domestic equities after Reshoring Investment Accounts offer capital gains tax breaks.
Over 160,000 Reshoring accounts have been opened, holding $706 million in balances since the program’s launch.
Retail inflows in 2026 total $15 billion, making them the largest net buyers and surpassing foreign ETF inflows.
Goldman Sachs expects KOSPI to outperform the U.S. market, with continued retail support bolstering domestic equity performance.