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Essentials

πŸ™οΈ City Daejeon is a metropolitan city in South Korea, known for its technology and research institutions.
πŸ‘₯ Population approx. 1.5 million
πŸ’» Internet Speed average of 100 Mbps
πŸ’Έ Currency & Banking 1 KRW β‰ˆ 0.00075 USD; ATMs widely available that accept foreign cards.
🚰 Tap Water Drinkable
πŸ”Œ Power 220V, 60Hz, πŸ”Œ Type C/F sockets
πŸ“Ά SIM Card KT, SK Telecom, LG Uplus
πŸ’³ Banking for Expats Hana Bank, Shinhan Bank, Woori Bank - offer services in English.
πŸ›Œ Accommodation Airbnb, local guesthouses, and serviced apartments are available.
πŸ’³ Cashless Friendly Yes, cards accepted widely across shops and restaurants.
🏠 Short Term Rentals Airbnb and local guesthouses; options start from $30 per night.
πŸ›οΈ Budget Accommodation Hostels like 'Daejeon Backpacker', prices starting from $15 per night.
πŸ™οΈ Best Area to Stay for Tourists Namgu area and near Daejeon’s metro stations.
πŸ™οΈ Best Area to Stay for Digital Nomads Seongdong and Daedeok area offering coworking spaces and cafes.

Working and Networking

🏒 Best Coworking Space Daejeon Startup Park - offers flexible working spaces.
β˜• Best Cafe for Work Cafe Pungmul - known for its quiet environment and strong Wi-Fi.
πŸ’Ό Networking Events Daejeon Meetup group regularly hosts tech and startup events.
πŸ₯‚ Social Events for Expats Daejeon International Community Association organizes regular meetups.

Transportation

πŸš• Best Taxi/Ride App KakaoTaxi and Tada are popular for ride-hailing.
🚲 Bike/Scooter Rental Bike-sharing service 'Ddareungi' is available in the city.
πŸ–οΈ Best Beach Nearby Daecheon Beach, about 1.5 hours by car.
✈️ Top Regional Airline Korean Air and Asiana Airlines operate regional flights.
✈️ Top International Airline Korean Air, Asiana Airlines, and Jeju Air offer international connections.
πŸ›£οΈ Highway Access Easy access to Gyeongbu Expressway connecting to Seoul.
πŸš‰ Main Train/Transit Hub Daejeon Station, with KTX and regular train services.
🚍 Public Transport Passes T-money card works for buses and subways.
✈️ Regional Travel Trains to nearby cities like Incheon and Busan; approximately 1-2 hours.

Health and Wellness

πŸ₯ Best Hospital Korea University Hospital Daejeon, excellent facilities.
🧘 Yoga & Wellness Centers Yoga Tree Daejeon, classes available for all levels.
πŸ‹οΈ Gyms & Fitness Centers Anytime Fitness and Gymzone in multiple locations across the city.
🧺 Laundry Services Easy Wash self-service laundromats available in key areas.

Food and Drink

πŸ“± Best Food Delivery App Baedal Minjok and Yogiyo.
🍽️ Best Local Dish to Try Pajeon (Korean pancake) and Tteokbokki (spicy rice cakes).
🍱 Vegan/Vegetarian Options Loving Hut vegan restaurant offers diverse options.
🍫 Best Dessert Spots Daejeon Dessert Cafe known for its bingsu (shaved ice dessert).
πŸ›’ Affordable Shopping Spots Daejeon Central Market, offers fresh foods and local goods.
πŸ›’ E-commerce/Online Store Coupang and 11st for online shopping.
πŸ›’ Grocery Delivery Coupang Fresh delivers groceries in Daejeon.
🍸 Bar/Nightlife Area Hannam-dong's 'Bar Street' has a variety of pubs and clubs.
🍻 Local Brewery Craft Brewery Daejeon, offers tours and tastings.
🍷 Wine Bars Vinos - a cozy wine bar in the city center.
🍲 Street Food Stalls Street food near Daejeon Station, great for snacks.
πŸ• Popular International Cuisine Italian restaurants like 'Pasta M' are popular among locals.

Culture and Attractions

🎟️ Must-See Landmarks Yuseong Spa, Daejeon O-World.
πŸ›οΈ Museums & Art Venues Daejeon Museum of Art, featuring contemporary works.
🏰 Historical Sites Daejeon Independence Hall - dedicated to Korean independence.
πŸ• Religious Sites Hanbat National University, with historical temples.
πŸŽ‰ Annual Events Daejeon International Wine Festival held every June.
🎨 Cultural Districts Hanbat Arboretum area hosts cultural festivals.
🎭 Theater Venues Daejeon Cultural Center hosts various performances.
πŸ›οΈ Local Markets Daejeon Central Market offering local produce and crafts.
🎼 Music Scene Live music events at local pubs and cafes throughout the city.
🎨 Street Art Murals in the Dong-gu district showcasing local artists.
πŸ§‘β€πŸ³ Cooking Classes Korean Cooking Academy offers hands-on classes.
πŸ‘©β€πŸŽ¨ Art Galleries The space offers exhibitions by emerging and established artists.
πŸ•°οΈ Historic Buildings Daejeon’s modern architecture mixed with historical buildings.
🏴 Local Heritage Daejeon is home to significant historical relics from Korea's past.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Bongmyeong-dong park, offering scenic walking trails.
🏞️ National Parks Nearby Gyeryongsan National Park is easily accessible for hiking.
🚲 Cycling/Walking Paths Daejeon Han River bike path provides scenic routes.
πŸŒ„ Scenic Viewpoints Observatory at Daecheong dam offers stunning views.
πŸ¦‰ Birdwatching Locations Shinbonglim Park is popular for birdwatching activities.
πŸ”₯ Bonfire-Friendly Spots Aviso Park has designated areas for bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service Korean Post and CJ Logistics offer reliable delivery services.
πŸ› οΈ Tech Repair Services Local shops like 'Phone Repair Daejeon' provide tech support.
πŸ“ Table Tennis Spots Local gyms often have ping-pong tables available.
πŸ§‘β€πŸ« Language Classes Daejeon Language Institute offers Korean language courses.
πŸ“š Libraries & Study Spots Daejeon Library provides quiet places for study.
🏘️ Community Centers Daejeon Global Center for expats and cultural exchange.
πŸ•ΉοΈ Gaming Lounges PC Bangs are popular gaming spots around the city.
🎰 Casino & Gaming Halls Visit the nearby tourism casino located in Incheon.

Business

🏒 Studio Purchase Price (City Center) Approx. $2,500 per m² (e.g., 30 m² = $75,000)
🏒 Studio Purchase Price (Outside City) Approx. $1,800 per m² (e.g., 30 m² = $54,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $2,800 per m² (e.g., 60 m² = $168,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $2,000 per m² (e.g., 60 m² = $120,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. $3,200 per m² (e.g., 80 m² = $256,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. $2,500 per m² (e.g., 80 m² = $200,000)
πŸ’Ό Corporate Tax Company tax is 25%.
πŸ’΅ Dividend Withholding Tax Tax rate is 15%.
🏦 Tax System Residents are taxed on worldwide income.
πŸ“ˆ Highest Income Tax Bracket Maximum tax rate is 42%.
🧾 VAT Standard VAT rate is 10%.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax Annual property tax is based on assessed value.
🏠 Property Transaction Tax 6% standard rate for property purchases.
πŸ’» Attractive Tax System for Digital Nomads Tax incentives for foreign businesses setting up in Daejeon.

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