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Changwon, South Korea 🇰🇷
#803 ,

Nomad Score: 63%

Essentials

🏙️ City Changwon is a city located in the Gyeongsangnam-do province in South Korea, known for its industrial base and developed urban infrastructure.
👥 Population Approximately 1.1 million inhabitants.
💻 Internet Speed Average internet speed of around 100 Mbps.
💸 Currency & Banking 1 KRW ≈ 0.00074 USD, ATMs widely available, major banks include KEB Hana, Shinhan Bank.
🚰 Tap Water Drinkable.
🔌 Power 220V, 60Hz, 🔌 Type C/E sockets.
📶 SIM Card Major providers include SK Telecom, KT, and LG Uplus.
💳 Banking for Expats Revolut and TransferWise are used by many expats; local banks also accept foreign accounts.
🛌 Accommodation Options include Airbnb, monthly rentals through local websites, and serviced apartments.
💳 Cashless Friendly Yes, cards accepted widely in most establishments.
🏠 Short Term Rentals Airbnb is popular; monthly rentals can be found on websites like Zigbang and Dabang.
🛏️ Budget Accommodation Hostels like Dream Hotel and budget guesthouses are available.
🏙️ Best Area to Stay for Tourists Jangboksan Mountain area and the Changwon City Center for easy access to attractions.
🏙️ Best Area to Stay for Digital Nomads The Changwon City Center and Seongsan-dong are recommended for their amenities and coworking spaces.

Working and Networking

🏢 Best Coworking Space The Tribe Changwon offers great facilities for remote work.
Best Cafe for Work Café Pera in the city center, known for its calming atmosphere and reliable Wi-Fi.
💼 Networking Events Regular meetups are hosted by expat communities; check local Facebook groups for updates.
🥂 Social Events for Expats Changwon English Speaking Club hosts monthly gatherings and activities.

Transportation

🚕 Best Taxi/Ride App Kakao T is the most popular ride-hailing app in South Korea.
🚲 Bike/Scooter Rental Bike rentals available at Changwon's public bike-sharing system called 'Ddareungi.'
🏖️ Best Beach Nearby Gyeongpo Beach is about 45 minutes away by car.
✈️ Top Regional Airline Korean Air operates flights from Gimhae International Airport.
✈️ Top International Airline Various carriers operate flights out of Gimhae International Airport, including Asiana Airlines and Jeju Air.
🛣️ Highway Access Access to Gyeongbu Expressway connecting to Busan and Seoul.
🚉 Main Train/Transit Hub Changwon Station connects to regional trains and high-speed KTX.
🚍 Public Transport Passes Changwon City Bus Pass available for unlimited rides.
✈️ Regional Travel Trains (Korail) and buses connect Changwon with cities like Busan and Jinju.

Health and Wellness

🏥 Best Hospital Changwon National University Hospital offers comprehensive medical services.
🧘 Yoga & Wellness Centers Yogafit Changwon for yoga enthusiasts.
🏋️ Gyms & Fitness Centers Fitness centers like Gold's Gym and Hanmaum Sports Center are popular.
🧺 Laundry Services Local laundromats like Eco Laundry provide quick services.

Food and Drink

📱 Best Food Delivery App Baedal Minjok (배달의 민족) is the most popular food delivery app.
🍽️ Best Local Dish to Try Try 'Jjimdak' (braised chicken) and 'Gukbap' (soup with rice) for authentic local flavors.
🍱 Vegan/Vegetarian Options Plant-based restaurants like The Plant Café.
🍫 Best Dessert Spots Café B in the city center offers various desserts and coffee.
🛒 Affordable Shopping Spots June's Mart and local markets provide budget-friendly shopping options.
🛒 E-commerce/Online Store Gmarket and Coupang are popular online shopping platforms.
🛒 Grocery Delivery Local services like GS Fresh deliver groceries to your door.
🍸 Bar/Nightlife Area Seongsan-dong is the nightlife hub with numerous bars and clubs.
🍻 Local Brewery Changwon Beer is a well-known local brewery.
🍷 Wine Bars Wine Bar 44 offers a selection of international wines.
🍲 Street Food Stalls Yeongil Market is famous for its street food vendors.
🍕 Popular International Cuisine Italian restaurants like K-Pasta are well-loved by locals.

Culture and Attractions

🎟️ Must-See Landmarks Changwon's 3.15 Memorial Park and the famous Yongji Lake are must-visit places.
🏛️ Museums & Art Venues Changwon Museum of Art offers exhibitions and cultural events.
🏰 Historical Sites Historic sites like the Changwon Confucian School are well-preserved.
🕍 Religious Sites The Munseongsa Temple is a significant Buddhist site.
🎉 Annual Events Changwon K-Pop World Festival attracts international participants annually.
🎨 Cultural Districts Downtown Changwon is filled with galleries and local artisan shops.
🎭 Theater Venues Changwon Culture & Arts Center hosts performances regularly.
🛍️ Local Markets Changwon Traditional Market is popular for shopping local products.
🎼 Music Scene Various bars and clubs host live music events, particularly in Seongsan-dong.
🎨 Street Art Changwon has vibrant mural projects in the downtown area.
🧑‍🍳 Cooking Classes K-food cooking classes offered at several local culinary schools.
👩‍🎨 Art Galleries Galleries like Changwon Art Village feature contemporary works.
🕰️ Historic Buildings Changwon's old houses reflect traditional Korean architecture.
🏴 Local Heritage The roses of Changwon are considered a symbol of the city and are celebrated in local festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Jangboksan Mountain provides hiking opportunities and scenic views.
🏞️ National Parks Nearby Nearby Gyeongju National Park offers a lush nature experience.
🚲 Cycling/Walking Paths Long cycling paths along the Nakdong River provide scenic routes.
🌄 Scenic Viewpoints Observatory at Yongji Lake offers stunning panoramic views.
🦉 Birdwatching Locations Changwon Lake Park is suitable for birdwatching.
🔥 Bonfire-Friendly Spots Certain areas in Changwon Park are designated for bonfire gatherings.

Other Services and Amenities

📦 Parcel Delivery Service Logistics firms like CJ Logistics and Hanjin offer reliable delivery.
🛠️ Tech Repair Services Various local shops in the city center provide device repair services.
🏓 Table Tennis Spots Local community centers host table tennis tables.
🧑‍🏫 Language Classes Institutions like the Changwon Language Center offer Korean language courses.
📚 Libraries & Study Spots Changwon Library offers quiet study areas and resources.
🏘️ Community Centers Changwon Community Center hosts various events and classes.
🕹️ Gaming Lounges PC Bangs (internet cafes) are popular for gaming in the city.
🎰 Casino & Gaming Halls There are no casinos in Changwon, but Busan has nearby options.

Business

🏢 Studio Purchase Price (City Center) Approx. ₩2,300,000 per m² (e.g., 40 m² = ₩92,000,000)
🏢 Studio Purchase Price (Outside City) Approx. ₩1,800,000 per m² (e.g., 40 m² = ₩72,000,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. ₩2,500,000 per m² (e.g., 60 m² = ₩150,000,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. ₩2,000,000 per m² (e.g., 60 m² = ₩120,000,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. ₩2,800,000 per m² (e.g., 80 m² = ₩224,000,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. ₩2,300,000 per m² (e.g., 80 m² = ₩184,000,000)
💼 Corporate Tax 10% for small businesses, 22% for larger corporations.
💵 Dividend Withholding Tax 15% tax rate applies to dividends.
🏦 Tax System Residence-based income tax system with progressive rates.
📈 Highest Income Tax Bracket 45% for high-income earners.
🧾 VAT 10% standard VAT rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, South Korea has rules governing taxation of foreign subsidiaries.
🏠 Property Tax Based on the assessed value of property.
🏠 Property Transaction Tax Rates range from 1% to 3% depending on the value of the property.
💻 Attractive Tax System for Digital Nomads Digital nomads can take advantage of relatively low taxes on foreign income if meeting certain criteria.