The effects of heat treatment on the microstructure and corrosion behavior of chromium carbide-based hardfacing alloys deposited via gas metal arc welding were investigated. The hardfacing alloy, high chromium white iron (HCWI), containing 27 wt% Cr and 4.8 wt% C, was heat treated at 650 °C and 950 °C for six hours followed by natural cooling to room temperature. Microstructural characterization revealed that heat treatment promoted the transformation of austenite to ferrite and increased carbide precipitation. X-ray diffraction analysis identified the primary carbides as Cr7C3, which remained stable during heat treatment. Electrochemical corrosion testing in artificial seawater, including potentiodynamic polarization and electrochemical impedance spectroscopy (EIS), demonstrated progressively improved corrosion resistance with heat treatment temperature. Both techniques confirmed that the specimen treated at 950 °C exhibited superior corrosion resistance compared to the 650 °C treatment and as-deposited condition, with the specimen treated at 950 °C exhibiting the highest charge transfer resistance (4711 Ω·cm2) compared to the 650 °C treatment (2608 Ω·cm2) and as-deposited condition (374.6 Ω·cm2). The enhanced corrosion resistance was attributed to the increased carbide precipitation and optimization of the matrix composition. While heat treatment at both temperatures improved corrosion performance, the 950 °C treatment yielded superior results, suggesting this could be an optimal temperature for enhancing the corrosion resistance of chromium carbide-based hardfacing alloys.