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Daejeon, South Korea 🇰🇷
#800 ,

Nomad Score: 64%

Essentials

🏙️ City Daejeon is a metropolitan city in South Korea, known for its technology and research institutions.
👥 Population approx. 1.5 million
💻 Internet Speed average of 100 Mbps
💸 Currency & Banking 1 KRW ≈ 0.00075 USD; ATMs widely available that accept foreign cards.
🚰 Tap Water Drinkable
🔌 Power 220V, 60Hz, 🔌 Type C/F sockets
📶 SIM Card KT, SK Telecom, LG Uplus
💳 Banking for Expats Hana Bank, Shinhan Bank, Woori Bank - offer services in English.
🛌 Accommodation Airbnb, local guesthouses, and serviced apartments are available.
💳 Cashless Friendly Yes, cards accepted widely across shops and restaurants.
🏠 Short Term Rentals Airbnb and local guesthouses; options start from $30 per night.
🛏️ Budget Accommodation Hostels like 'Daejeon Backpacker', prices starting from $15 per night.
🏙️ Best Area to Stay for Tourists Namgu area and near Daejeon’s metro stations.
🏙️ 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.
Best Cafe for Work Cafe Pungmul - known for its quiet environment and strong Wi-Fi.
💼 Networking Events Daejeon Meetup group regularly hosts tech and startup events.
🥂 Social Events for Expats Daejeon International Community Association organizes regular meetups.

Transportation

🚕 Best Taxi/Ride App KakaoTaxi and Tada are popular for ride-hailing.
🚲 Bike/Scooter Rental Bike-sharing service 'Ddareungi' is available in the city.
🏖️ 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.
🛣️ Highway Access Easy access to Gyeongbu Expressway connecting to Seoul.
🚉 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

🏥 Best Hospital Korea University Hospital Daejeon, excellent facilities.
🧘 Yoga & Wellness Centers Yoga Tree Daejeon, classes available for all levels.
🏋️ 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

📱 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).
🛒 Affordable Shopping Spots Daejeon Central Market, offers fresh foods and local goods.
🛒 E-commerce/Online Store Coupang and 11st for online shopping.
🛒 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.
🍕 Popular International Cuisine Italian restaurants like 'Pasta M' are popular among locals.

Culture and Attractions

🎟️ Must-See Landmarks Yuseong Spa, Daejeon O-World.
🏛️ Museums & Art Venues Daejeon Museum of Art, featuring contemporary works.
🏰 Historical Sites Daejeon Independence Hall - dedicated to Korean independence.
🕍 Religious Sites Hanbat National University, with historical temples.
🎉 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.
🛍️ 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.
🧑‍🍳 Cooking Classes Korean Cooking Academy offers hands-on classes.
👩‍🎨 Art Galleries The space offers exhibitions by emerging and established artists.
🕰️ 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

🌅 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.
🌄 Scenic Viewpoints Observatory at Daecheong dam offers stunning views.
🦉 Birdwatching Locations Shinbonglim Park is popular for birdwatching activities.
🔥 Bonfire-Friendly Spots Aviso Park has designated areas for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service Korean Post and CJ Logistics offer reliable delivery services.
🛠️ Tech Repair Services Local shops like 'Phone Repair Daejeon' provide tech support.
🏓 Table Tennis Spots Local gyms often have ping-pong tables available.
🧑‍🏫 Language Classes Daejeon Language Institute offers Korean language courses.
📚 Libraries & Study Spots Daejeon Library provides quiet places for study.
🏘️ Community Centers Daejeon Global Center for expats and cultural exchange.
🕹️ 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)
💼 Corporate Tax Company tax is 25%.
💵 Dividend Withholding Tax Tax rate is 15%.
🏦 Tax System Residents are taxed on worldwide income.
📈 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.
💻 Attractive Tax System for Digital Nomads Tax incentives for foreign businesses setting up in Daejeon.

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