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Seoul, South Korea 🇰🇷
#794 ,

Nomad Score: 66%

Essentials

🏙️ City Seoul is the capital city of South Korea, known for its vibrant culture and advanced technology.
👥 Population Approximate population is about 10 million.
💻 Internet Speed Average internet speed is around 300 Mbps.
💸 Currency & Banking Currency is South Korean Won (KRW). 1 USD ≈ 1,300 KRW.
🚰 Tap Water Drinkable.
🔌 Power 220V, 60Hz, 🔌 Type C/F sockets.
📶 SIM Card Major providers include SK Telecom, KT, and LG U+.
💳 Banking for Expats Banks like Woori Bank and Shinhan Bank are expat-friendly.
🛌 Accommodation Options include apartments, guesthouses, and traditional Hanoks.
💳 Cashless Friendly Yes, cards are accepted widely.
🏠 Short Term Rentals Platforms like Airbnb and local rental sites like Yaegam and Wink provide options.
🛏️ Budget Accommodation Hostels like Hongdae Jaywalkers and Gyeongbokgung Guesthouse.
🏙️ Best Area to Stay for Tourists Myeongdong and Insadong are recommended for tourists.
🏙️ Best Area to Stay for Digital Nomads Gangnam and Itaewon are popular for their expat communities and coworking spaces.

Working and Networking

🏢 Best Coworking Space WeWork in Gangnam and The Hive in Itaewon.
☕ Best Cafe for Work Café de Lulu in Gangnam is popular among remote workers.
💼 Networking Events Events organized by Seoul Business Network and Meetup groups.
🥂 Social Events for Expats Expat Coffee Morning and various Facebook groups.

Transportation

🚕 Best Taxi/Ride App KakaoTaxi and T-map Taxi.
🚲 Bike/Scooter Rental Services like Seoul Bike Ddareungi and Lime Scooters.
🏖️ Best Beach Nearby Haeundae Beach in Busan is about 2.5 hours away by train.
✈️ Top Regional Airline Korean Air and Asiana Airlines.
✈️ Top International Airline Korean Air, Asiana Airlines, and American Airlines.
🛣️ Highway Access Well-connected via Gyeongbu Expressway and Olympic Expressway.
🚉 Main Train/Transit Hub Seoul Station serves as the main station.
🚍 Public Transport Passes T-money card for buses and subways.
✈️ Regional Travel KTX trains for intercity travel to cities like Busan and Incheon.

Health and Wellness

🏥 Best Hospital Seoul National University Hospital.
🧘 Yoga & Wellness Centers Hot Yoga Seoul and YG Yoga Studio.
🏋️ Gyms & Fitness Centers Fitness 24 and Gold's Gym are popular choices.
🧺 Laundry Services LG laundries and various laundromats.

Food and Drink

📱 Best Food Delivery App Baedal Minjok and Yogiyo.
🍽️ Best Local Dish to Try Bibimbap and Kimchi.
🍱 Vegan/Vegetarian Options Plant Cafe and The Bread Blue.
🍫 Best Dessert Spots Bbom Bbom's Cakes and Cafe Hopping.
🛒 Affordable Shopping Spots Gwangjang Market and Dongdaemun Design Plaza.
🛒 E-commerce/Online Store Coupang and Gmarket.
🛒 Grocery Delivery E-Mart and Homeplus offer delivery services.
🍸 Bar/Nightlife Area Itaewon and Hongdae are famous nightlife districts.
🍻 Local Brewery Magpie Brewing Co. and The Booth.
🍷 Wine Bars Piatto and The Wine Room.
🍲 Street Food Stalls Gwangjang Market street food stalls.
🍕 Popular International Cuisine Restaurants like Vatos Urban Tacos and Itaewon Turkish Grill.

Culture and Attractions

🎟️ Must-See Landmarks Gyeongbokgung Palace and Bukchon Hanok Village.
🏛️ Museums & Art Venues National Museum of Korea and Dongdaemun Design Plaza.
🏰 Historical Sites Seodaemun Prison History Hall.
🕍 Religious Sites Jogyesa Temple and Myogaksa Temple.
🎉 Annual Events Seoul Lantern Festival and Seoul Kimchi Making Festival.
🎨 Cultural Districts Insadong and Hongdae.
🎭 Theater Venues The National Theater of Korea.
🛍️ Local Markets Gwangjang Market and Namdaemun Market.
🎼 Music Scene Live clubs in Hongdae and Gangnam.
🎨 Street Art Itaewon and Hongdae feature vibrant street art.
🧑‍🍳 Cooking Classes O'ngo Food Communications and Bibigo Cooking Class.
👩‍🎨 Art Galleries Gallery Hyundai and Art Sonje Center.
🕰️ Historic Buildings Deoksugung Palace and Ewha Womans University.
🏴 Local Heritage Traditional Hanoks in Bukchon Hanok Village.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Bukhansan National Park for hiking trails.
🏞️ National Parks Nearby Seoraksan National Park, accessible within 3 hours.
🚲 Cycling/Walking Paths Han River Park has scenic paths.
🌄 Scenic Viewpoints Namsan Seoul Tower for panoramic views.
🦉 Birdwatching Locations Seoul Forest and Olympic Park.
🔥 Bonfire-Friendly Spots Certain areas in Seoul Forest allow bonfires.

Other Services and Amenities

📦 Parcel Delivery Service Services like CJ Logistics and Lotte Global Logistics.
🛠️ Tech Repair Services Samsung Service Center and Repair Lab in Gangnam.
🏓 Table Tennis Spots Community centers and standout spots in parks.
🧑‍🏫 Language Classes Seoul Language Institute and Talk To Me In Korean.
📚 Libraries & Study Spots The National Library of Korea and various public libraries.
🏘️ Community Centers Multicultural Family Support Centers in various districts.
🕹️ Gaming Lounges PC bang are widespread; notable is 'All Star' in Gangnam.
🎰 Casino & Gaming Halls Korean casinos like Paradise City.

Business

🏢 Studio Purchase Price (City Center) Approx. ₩10,000,000 per m² (e.g., 30 m² = ₩300,000,000)
🏢 Studio Purchase Price (Outside City) Approx. ₩7,000,000 per m² (e.g., 30 m² = ₩210,000,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. ₩11,000,000 per m² (e.g., 60 m² = ₩660,000,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. ₩8,000,000 per m² (e.g., 60 m² = ₩480,000,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. ₩9,000,000 per m² (e.g., 80 m² = ₩720,000,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. ₩6,500,000 per m² (e.g., 80 m² = ₩520,000,000)
💼 Corporate Tax 10-22% depending on profits.
💵 Dividend Withholding Tax 15%.
🏦 Tax System Worldwide income basis for residents.
📈 Highest Income Tax Bracket 45%.
🧾 VAT Currently at 10%.
🌐 Controlled Foreign Company (CFC) Rules Yes, with certain regulations.
🏠 Property Tax Annual tax based on property value.
🏠 Property Transaction Tax Around 1-3% depending on the amount.
💻 Attractive Tax System for Digital Nomads Potential for tax exemptions based on residency status.