RIA launch notification event. /Courtesy of Daishin Securities

Daishin Securities said on the 13th it will hold a pre-notification sign-up event ahead of the launch of its return-to-domestic-market account (RIA).

An RIA account is a program that temporarily reduces or exempts capital gains tax on overseas stocks when investors sell overseas stocks, convert the proceeds into won, and invest in domestic stocks for at least one year.

Among customers who join the notification sign-up event, 6,000 will be selected in a first drawing to receive a Lotteria "RIA Burger" e-gift card.

In addition, 20 of the first-round prize recipients will be selected in an additional drawing to receive a 500,000-won Olive Young gift certificate. Daishin Securities will cover the taxes and fees.

The event will run until the official launch of the RIA account, and any Daishin Securities customer can participate.

The prizes will be distributed in March after the RIA account launches. Notification sign-up is available on the Daishin Securities website and on HTS·MTS (CYBOS·Creon).

Cho Tae-won, head of the Customer Solutions Department at Daishin Securities, said, "The RIA account is a program that guides overseas investment funds into the domestic capital market," adding, "We plan to raise awareness of the program and expand customer touchpoints through the notification sign-up event even before the launch."

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