Nomad Watch

Essentials

City
Yongin, Gyeonggi-do, South Korea
Population
1,080,000
Internet Speed
Average 200 Mbps (Gigabit fiber widely available in apartments)
Currency & Banking
South Korean Won (KRW); 1 USD ≈ 1,350 KRW. Major banks: KB, Shinhan, Woori.
Tap Water
Safe to drink, but most locals use purifiers or boil it due to old piping in some areas.
Power
220V, 60Hz, 🔌 Type C/F sockets
SIM Card
SK Telecom, KT, LG U+; Woori Mobile for easy expat registration (Approx. ₩35,000/month for unlimited data)
Banking for Expats
Hana Bank (Expat-friendly service), Shinhan Global, Toss Bank (digital-first)
Accommodation
Goshiwons (budget), Officetels (mid-range), Apartments (family-focused)
Cashless Friendly
Yes, cards and mobile pay (Samsung Pay, Kakao Pay) accepted everywhere except some traditional market stalls.
Short Term Rentals
Airbnb, Weve Officetel (Suji-gu), various studio options near Dankook University
Budget Accommodation
Yongin Central Co-op Hotel (approx. ₩70,000/night), various Goshiwons near Giheung (₩300,000-₩500,000/month)
Best Area to Stay for Tourists
Everland area (Pogeok-eup) for amusement parks or Korean Folk Village area (Giheung-gu)
Best Area to Stay for Digital Nomads
Suji-gu (close to Seoul via Shinbundang Line) or Giheung-gu (near tech hubs and Ak Plaza)

Working and Networking

Best Coworking Space
Fastfive (Yongin Jukjeon branch), approx. ₩350,000/month for a hot desk
Best Cafe for Work
A Twosome Place (Yongin Bojeong branch) - large tables and abundant outlets
Networking Events
Pangyo Techno Valley Meetups (15 mins away via subway), Global Talent Network Gyeonggi
Social Events for Expats
Suwon/Yongin Expats Facebook Group, Language Exchange at Bojeong-dong Cafe Street

Transportation

Best Taxi/Ride App
KakaoT (Essential; Uber/Ut is secondary)
Bike/Scooter Rental
Everybike (orange bikes), Beam/Swing electric scooters
Best Beach Nearby
Eurwangni Beach in Incheon (approx. 70-90 mins via car/express bus)
Top Regional Airline
Jeju Air (operating from Gimpo/Incheon)
Top International Airline
Korean Air, Asiana Airlines
Highway Access
Gyeongbu Expressway (Route 1) and Yeongdong Expressway
Main Train/Transit Hub
Singal Station, Giheung Station (Bundang Line), and Yongin Bus Terminal
Public Transport Passes
T-Money Card, Climate Card (Seoul-linked limited), K-Pass (rebate system)
Regional Travel
Shinbundang Line (DX Line) to Gangnam in 30 mins; SRT at Guseong Station (opening 2024-2026)

Health and Wellness

Best Hospital
Yongin Severance Hospital (Giheung-gu) - modern, international clinic available
Yoga & Wellness Centers
Yoga Kula (Suji), Jain Yoga (Jukjeon)
Gyms & Fitness Centers
Spoany Fitness (multiple locations including Jukjeon), approx. ₩30,000-₩50,000/month
Laundry Services
Laundry 24 (self-service 24/7), WashEnjoy (Giheung)

Food and Drink

Best Food Delivery App
Baedal Minjok (Baemin), Coupang Eats
Best Local Dish to Try
Baekam Sundae (traditional blood sausage from Baekam-myeon)
Vegan/Vegetarian Options
Loving Hut (nearby Suwon), Sukkara (Seoul-bound), local temple food options
Best Dessert Spots
Bojeong-dong Cafe Street (numerous boutique bakeries and bingsu shops)
Affordable Shopping Spots
E-Mart Traders (Guseong), Yongin Central Market (5-day market)
E-commerce/Online Store
Coupang (next-day Rocket Delivery), G-Market Global
Grocery Delivery
Market Kurly (premium/fresh), SSG.com
Bar/Nightlife Area
Bojeong-dong Cafe Street (craft beer/wine) and the area around Dankook University
Local Brewery
Magpie Brewing (available in craft bars), nearby Suwon breweries like Levee
Wine Bars
In the Wine (Giheung), Vinga (Suji-gu)
Street Food Stalls
Yongin Jungang Market - famous for Tteokbokki and fried chicken
Popular International Cuisine
L'unidou (French-inspired in Bojeong), various Thai and Indian spots in Suji

Culture and Attractions

Must-See Landmarks
Everland Resort, Caribbean Bay, Korean Folk Village
Museums & Art Venues
Nam June Paik Art Center (dedicated to the world-renowned video artist)
Historical Sites
Waujeongsa Temple (famous for the giant wooden Buddha head)
Religious Sites
Saingeol Catholic Church, Waujeongsa Temple
Annual Events
Yongin Cyber Science Festival, Everland Tulip Festival (March/April)
Cultural Districts
Bojeong-dong Cafe Street (designated cultural street)
Theater Venues
Yongin Poeun Art Hall
Local Markets
Yongin 5-Day Market (dates ending in 5 and 0)
Music Scene
Busking performances at Bojeong-dong, concerts at Poeun Art Hall
Street Art
Gogicheon stream walkway murals
Cooking Classes
CJ CheilJedang classes (nearby Seoul), local cultural center classes
Art Galleries
Ho-Am Art Museum (near Everland)
Historic Buildings
Daejanggeum Park (Drama set with historical replicas)
Local Heritage
Traditional Korean pottery and Folk Village architecture

Nature and Outdoor Activities

Nearby Nature Escapes
Gwanggyosan Mountain (hiking trails), Yongin Nature Forest (Glamping/Camping)
National Parks Nearby
Bukhansan National Park (1 hour north), Namhansanseong Provincial Park
Cycling/Walking Paths
Tancheon Stream Path (leads all the way to the Han River in Seoul)
Scenic Viewpoints
The summit of Gwanggyosan, Everland Ferris Wheel
Birdwatching Locations
Gigal-myeon reservoirs and Tancheon stream areas
Bonfire-Friendly Spots
Yongin Nature Forest (recreational forest designated BBQ areas)

Other Services and Amenities

Parcel Delivery Service
CU/GS25 Convenience store delivery (very cheap), CJ Logistics
Tech Repair Services
Samsung Electronics Service Center (Suji/Giheung branches)
Table Tennis Spots
Yongin Table Tennis Club (Suji-gu)
Language Classes
Yongin Global Family Support Center, various private Hagwons in Jukjeon
Libraries & Study Spots
Yongin Central Library, Western-style study cafes like 'Gong-bon' (₩10,000/day)
Community Centers
Suji-gu Community Center (classes and sports)
Gaming Lounges
PC Bangs (widely available, e.g., Jacks PC Cafe, ₩1,500/hour)
Casino & Gaming Halls
Paradise Casino Walkerhill (Seoul) - foreigners only

Business

Studio Purchase Price (City Center)
Approx. ₩8,500,000 per m² (e.g., 33 m² = ₩280,000,000)
Studio Purchase Price (Outside City)
Approx. ₩5,500,000 per m² (e.g., 33 m² = ₩181,500,000)
1-Bedroom Purchase Price (City Center)
Approx. ₩9,000,000 per m² (e.g., 50 m² = ₩450,000,000)
1-Bedroom Purchase Price (Outside City)
Approx. ₩6,000,000 per m² (e.g., 50 m² = ₩300,000,000)
2-Bedroom Purchase Price (City Center)
Approx. ₩11,000,000 per m² (e.g., 80 m² = ₩880,000,000)
2-Bedroom Purchase Price (Outside City)
Approx. ₩7,000,000 per m² (e.g., 80 m² = ₩560,000,000)
Corporate Tax
Progressive: 9% on first ₩200m, up to 24% for higher brackets
Dividend Withholding Tax
15.4% (including local income tax) for residents
Tax System
Worldwide income for residents (>183 days), territorial for non-residents
Highest Income Tax Bracket
45% (on income over ₩1 billion)
VAT
10%
Controlled Foreign Company (CFC) Rules
Yes, applies when tax rate in foreign country is <15%
Property Tax
Yes, 0.1% to 0.4% annually; additional Comprehensive Real Estate Tax for high-value properties
Property Transaction Tax
Acquisition tax: 1% to 3% depending on price and number of homes owned
Attractive Tax System for Digital Nomads
F-1-D Workcation Visa available (must earn ₩85m+ per year, 0% local income tax if categorized as non-resident tourer)

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