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Nomad Score: 63%

Essentials

🏙️ City Suwon is a vibrant city located just south of Seoul, known for its cultural heritage and modern amenities.
👥 Population 1,200,000
💻 Internet Speed 100 Mbps
💸 Currency & Banking 1 KRW ≈ 0.00075 USD; ATMs widely available, accepts international cards.
🚰 Tap Water Drinkable
🔌 Power 220V, 60Hz, 🔌 Type C/E sockets
📶 SIM Card KT, SK Telecom, and LG U+ offer prepaid SIM cards with 4G/5G connectivity.
💳 Banking for Expats Shinhan Bank and Woori Bank offer expat-friendly services.
🛌 Accommodation Options include Airbnb, guesthouses, and local rentals.
💳 Cashless Friendly Yes, cards accepted widely; QR payments popular.
🏠 Short Term Rentals Airbnb, local guesthouses, and serviced apartments.
🛏️ Budget Accommodation Hostel The Castle, starting at 20,000 KRW per night.
🏙️ Best Area to Stay for Tourists Paldal-gu, near Hwaseong Fortress with historical attractions.
🏙️ Best Area to Stay for Digital Nomads Suwon Station area, with access to coworking spaces and cafes.

Working and Networking

🏢 Best Coworking Space Co-Work Suwon, featuring reliable internet and a collaborative atmosphere.
Best Cafe for Work Cafe Bene, known for its ambiance and free Wi-Fi.
💼 Networking Events Suwon Expat Community Meet-up held monthly.
🥂 Social Events for Expats Facebook group 'Suwon Expats' for community engagement.

Transportation

🚕 Best Taxi/Ride App KakaoTaxi, widely used for efficient rides.
🚲 Bike/Scooter Rental Suwon City Bike has various rental options with kiosks throughout the city.
🏖️ Best Beach Nearby Daecheong Beach, approximately 1.5 hours away.
✈️ Top Regional Airline Asiana Airlines and Korean Air for regional flights.
✈️ Top International Airline Korean Air and Emirates for international connections.
🛣️ Highway Access Accessible via Gyeongbu Expressway.
🚉 Main Train/Transit Hub Suwon Station, connecting to Seoul and other regions.
🚍 Public Transport Passes T-money card for convenient travel on buses and subways.
✈️ Regional Travel Train services by Korail to Incheon, Seoul, and other major cities.

Health and Wellness

🏥 Best Hospital Suwon Samsung Medical Center, known for comprehensive services.
🧘 Yoga & Wellness Centers Yoga Planet offers classes for all skill levels.
🏋️ Gyms & Fitness Centers Fitness First in Hyowon-dong has extensive equipment and classes.
🧺 Laundry Services Happy Laundry in Paldal-gu offers self-service and full service.

Food and Drink

📱 Best Food Delivery App Baedal Minjok (Baemin) for food delivery from local restaurants.
🍽️ Best Local Dish to Try Suwon Galbi, a local beef rib barbecue dish.
🍱 Vegan/Vegetarian Options Plant Cafe offers a range of plant-based meals.
🍫 Best Dessert Spots Cafe Kkoma is famous for its pastries and coffee.
🛒 Affordable Shopping Spots Suwon Traditional Market for fresh ingredients and snacks.
🛒 E-commerce/Online Store Coupang for online shopping and delivery.
🛒 Grocery Delivery Ssg.com and Homeplus provide grocery delivery options.
🍸 Bar/Nightlife Area Suwon Yeongdong street is popular for nightlife and pubs.
🍻 Local Brewery Magpie Brewing Co. offers tours and tastings.
🍷 Wine Bars The Wine Bar Suwon specializes in various wines.
🍲 Street Food Stalls The night market near Suwon Station serves delicious local snacks.
🍕 Popular International Cuisine Pizza de Paris offers a range of international dishes.

Culture and Attractions

🎟️ Must-See Landmarks Hwaseong Fortress, a UNESCO World Heritage site.
🏛️ Museums & Art Venues Suwon Iksan Museum showcases local history and culture.
🏰 Historical Sites Hwaseong Haenggung Palace offers a glimpse into the past.
🕍 Religious Sites Korean National Pavilion at the Seoul World Cup Stadium.
🎉 Annual Events Suwon Hwaseong Cultural Festival celebrating local heritage.
🎨 Cultural Districts Paldal-gu features various cultural exhibitions.
🎭 Theater Venues Suwon Economic & Cultural Center hosts performances.
🛍️ Local Markets Suwon Traditional Market for local food and handcrafts.
🎼 Music Scene Check out the live music at Club 7080.
🎨 Street Art Mural street near Suwon Station features vibrant murals.
🧑‍🍳 Cooking Classes Suwon Cooking School offers traditional Korean cooking classes.
👩‍🎨 Art Galleries Suwon Art Center for contemporary exhibitions.
🕰️ Historic Buildings Suwon City Hall is an architectural landmark.
🏴 Local Heritage Suwon's traditional performance arts showcase Korean culture.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Korean National Park in the area provides hiking opportunities.
🏞️ National Parks Nearby Bukhansan National Park, a short travel to reach great trails.
🚲 Cycling/Walking Paths Walking paths along the Suwoncheon stream are popular.
🌄 Scenic Viewpoints Viewpoints along Hwaseong Fortress for breathtaking city views.
🦉 Birdwatching Locations Suwon Nature Ecological Park is great for observing wildlife.
🔥 Bonfire-Friendly Spots Designated areas in Suwon Creek for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service Korea Post and Lotte Global offer reliable shipment services.
🛠️ Tech Repair Services Suwon Tech Plaza for electronics repairs.
🏓 Table Tennis Spots Community centers often have table tennis facilities.
🧑‍🏫 Language Classes KLI Korean Language Institute for language learning.
📚 Libraries & Study Spots Suwon City Library offers quiet study areas.
🏘️ Community Centers Suwon Cultural Center for workshops and community events.
🕹️ Gaming Lounges PC Bangs (gaming cafes) are widely available in Suwon.
🎰 Casino & Gaming Halls Paradise City casino located 1 hour away offers gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. 3,000,000 KRW per m² (e.g., 40 m² = 120,000,000 KRW)
🏢 Studio Purchase Price (Outside City) Approx. 2,500,000 KRW per m² (e.g., 40 m² = 100,000,000 KRW)
🏠 1-Bedroom Purchase Price (City Center) Approx. 3,500,000 KRW per m² (e.g., 60 m² = 210,000,000 KRW)
🏠 1-Bedroom Purchase Price (Outside City) Approx. 2,800,000 KRW per m² (e.g., 60 m² = 168,000,000 KRW)
🏡 2-Bedroom Purchase Price (City Center) Approx. 3,300,000 KRW per m² (e.g., 80 m² = 264,000,000 KRW)
🏡 2-Bedroom Purchase Price (Outside City) Approx. 2,200,000 KRW per m² (e.g., 80 m² = 176,000,000 KRW)
💼 Corporate Tax 10%
💵 Dividend Withholding Tax 20%
🏦 Tax System Residency-based taxation with progressive rates.
📈 Highest Income Tax Bracket 40%
🧾 VAT 10%
🌐 Controlled Foreign Company (CFC) Rules Yes, there are regulations on CFC income.
🏠 Property Tax Local governments levy property taxes based on assessed value.
🏠 Property Transaction Tax Up to 3% depending on property value.
💻 Attractive Tax System for Digital Nomads Special tax rates may apply for foreign businesses operating here.

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