Wise Logo
Wise (formerly TransferWise) is a trusted money transfer service used by millions of digital nomads worldwide.

Low-fee international transfers.

Affiliate disclosure

Jeju City, South Korea 🇰🇷
#1548 ,

Nomad Score: 70%

Essentials

🏙️ City Jeju City is the capital of Jeju Province, known for its volcanic landscapes, beautiful beaches, and unique culture.
👥 Population Around 600,000 residents.
💻 Internet Speed Average speed of about 100 Mbps.
💸 Currency & Banking 1 KRW ≈ 0.00074 USD. Major banks include KEB Hana Bank and Shinhan Bank.
🚰 Tap Water Drinkable.
🔌 Power 220V, 60Hz, 🔌 Type C and F sockets.
📶 SIM Card Providers such as SK Telecom, KT, and LG U+ offer reasonable prepaid plans.
💳 Banking for Expats International cards widely accepted, and banking options are available in English.
🛌 Accommodation Options available on Airbnb, Goshiwon hostels, and serviced apartments.
💳 Cashless Friendly Yes, contactless payments are popular.
🏠 Short Term Rentals Airbnb and local guesthouses provide multiple options.
🛏️ Budget Accommodation Jeju Guesthouse, starting from around 15,000 KRW per night.
🏙️ Best Area to Stay for Tourists Downtown Jeju for easy access to amenities and attractions.
🏙️ Best Area to Stay for Digital Nomads Itaewon area for international atmosphere and cafes.

Working and Networking

🏢 Best Coworking Space Seogwipo Coworking Space, offering a variety of amenities.
Best Cafe for Work Cafe Cino, known for its quiet atmosphere and WiFi.
💼 Networking Events Digital Nomads Jeju meetups held monthly, often at cafes.
🥂 Social Events for Expats Jeju International Community events, often shared on local Facebook groups.

Transportation

🚕 Best Taxi/Ride App Kakao T, popular and reliable for ride-hailing.
🚲 Bike/Scooter Rental Biking available through local rental shops like Jeju Bike.
🏖️ Best Beach Nearby Hyeopjae Beach, about 50 minutes drive from the city center.
✈️ Top Regional Airline Jeju Air, frequently used for domestic flights.
✈️ Top International Airline Asiana Airlines and Korean Air operate many international routes.
🛣️ Highway Access Connected by the 11 Highway providing access to various regions.
🚉 Main Train/Transit Hub The main bus terminal serves as the transportation hub.
🚍 Public Transport Passes T-money card for easy access to buses.
✈️ Regional Travel Bus services run regularly to hotspots like Seogwipo and Hallasan.

Health and Wellness

🏥 Best Hospital Jeju National University Hospital, offers quality medical services.
🧘 Yoga & Wellness Centers Karma Yoga Center located in the city center.
🏋️ Gyms & Fitness Centers Fitness First Jeju, modern equipment and classes.
🧺 Laundry Services Several laundromats are available, such as 24-hour laundry service in Yongdam.

Food and Drink

📱 Best Food Delivery App Baedalat and Yogiyo for local food delivery.
🍽️ Best Local Dish to Try Jeju Black Pork BBQ, widely available at local restaurants.
🍱 Vegan/Vegetarian Options Plant Café and Daily Greens offer comprehensive vegan menus.
🍫 Best Dessert Spots Yogiga Bread for delicious locally made pastries.
🛒 Affordable Shopping Spots Dongmun Traditional Market for fresh produce and local eats.
🛒 E-commerce/Online Store Coupang and Gmarket for online shopping.
🛒 Grocery Delivery Homeplus and E-Mart provide grocery delivery services.
🍸 Bar/Nightlife Area Itaewon Street offers a vibrant nightlife.
🍻 Local Brewery Jeju Beer Company, offers local craft beers.
🍷 Wine Bars Vin du Lac has an impressive selection of wines.
🍲 Street Food Stalls Street food options are abundant in Dongmun Market.
🍕 Popular International Cuisine Various Italian and Japanese restaurants available around the city.

Culture and Attractions

🎟️ Must-See Landmarks Hallasan National Park, the highest mountain in South Korea.
🏛️ Museums & Art Venues Jeju Museum of Contemporary Art showcases local artists.
🏰 Historical Sites Seongeup Folk Village, a traditional village preserving Korean heritage.
🕍 Religious Sites The Bomun Temple, a famous Buddhist temple in Jeju.
🎉 Annual Events Jeju Fire Festival held every March.
🎨 Cultural Districts Aewol, known for its artistic community.
🎭 Theater Venues Jeju Arts Center hosts various performances.
🛍️ Local Markets Dongmun Traditional Market, offering local foods and crafts.
🎼 Music Scene Live music venues near Jeju University.
🎨 Street Art Various murals near the city center, reflecting local culture.
🧑‍🍳 Cooking Classes Jeju Korean Cooking School, offering hands-on experiences.
👩‍🎨 Art Galleries O'sulloc Tea Museum, combining tea culture and art.
🕰️ Historic Buildings Ch色r divisive Houses, showcasing traditional architecture.
🏴 Local Heritage Jeju's volcanic landscapes recognized as an UNESCO World Heritage site.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Udo Island, a tranquil escape just a ferry ride away.
🏞️ National Parks Nearby Hallasan National Park, a must-visit for hikers.
🚲 Cycling/Walking Paths The Olle Trails, a series of hiking paths around the coastline.
🌄 Scenic Viewpoints Sungsan Ilchulbong, a famous sunrise peak.
🦉 Birdwatching Locations Jeju's wetlands are ideal for birdwatching.
🔥 Bonfire-Friendly Spots Various beaches allow bonfires during designated times.

Other Services and Amenities

📦 Parcel Delivery Service CJ Logistics and Lotte for parcel delivery.
🛠️ Tech Repair Services Local options available in main shopping areas.
🏓 Table Tennis Spots Local community centers offer table tennis facilities.
🧑‍🏫 Language Classes The Jeju Language Center offers classes for expats.
📚 Libraries & Study Spots Jeju Public Library provides quiet studying areas.
🏘️ Community Centers Several community centers across the city for events.
🕹️ Gaming Lounges Local gaming cafes like PC Bang for gaming enthusiasts.
🎰 Casino & Gaming Halls Jeju Grand Casino, a popular destination for gaming.

Business

🏢 Studio Purchase Price (City Center) Approx. ₩3,200,000 per m² (e.g., 40 m² = ₩128,000,000)
🏢 Studio Purchase Price (Outside City) Approx. ₩2,500,000 per m² (e.g., 40 m² = ₩100,000,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. ₩3,000,000 per m² (e.g., 60 m² = ₩180,000,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. ₩2,200,000 per m² (e.g., 60 m² = ₩132,000,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. ₩2,700,000 per m² (e.g., 80 m² = ₩216,000,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. ₩2,000,000 per m² (e.g., 80 m² = ₩160,000,000)
💼 Corporate Tax 22%.
💵 Dividend Withholding Tax 15%.
🏦 Tax System Progressive tax system based on residency.
📈 Highest Income Tax Bracket 42%.
🧾 VAT 10%.
🌐 Controlled Foreign Company (CFC) Rules Yes, regulations apply to foreign investments.
🏠 Property Tax Yes, based on assessed value.
🏠 Property Transaction Tax 4% standard rate for residential properties.
💻 Attractive Tax System for Digital Nomads Potential for low taxation depending on residency status.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.