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Seoul, Korea

Universal Tax Professionals
Universal Tax Professionals
Universal Tax Professionals
Universal Tax Professionals

By Betsy Burlingame

Last updated on Mar 10, 2023

Summary: People often describe Seoul, Korea as a vibrant, modern city with a unique blend of traditional and contemporary culture. Expats love the city's bustling nightlife, delicious food, and friendly people. The weather in Seoul is generally mild, with temperatures ranging from the mid-30s to the mid-70s Fahrenheit throughout the year. The average cost of living for an expat is estimated to be around $2,000 to $3,000 per month. The cost of a one bedroom apartment in Seoul is typically around $1,000 to $1,500 per month, while a two bedroom apartment can cost anywhere from $1,500 to $2,500 per month. The population of Seoul is estimated to be around 10 million people.

What do I need to know about living in Seoul?

When we asked people what advice they would give someone preparing to move to Seoul, they said:

"Before retiring in Seoul, expats should familiarize themselves with the local culture and customs. It is important to research the cost of living in Seoul, as well as the availability of healthcare and other services. Expats should also consider the language barrier, as English is not widely spoken in Korea. Additionally, expats should research the visa requirements for retirement in Korea, as well as the tax implications of living in the country. Finally, expats should consider the climate in Seoul, as the city experiences hot, humid summers and cold, dry winters," explained one expat living in Seoul, Korea.

"Come here first for a couple of weeks. Take a look around. Check out the sights (once you start working you'll hardly ever get out). Come again for another stay. Meet people. Visit again 2 or 3 times to build connections and solidify relationships (as well as you can)...but if the right offer comes along don't be backward about accepting. Plan on being here for 2-5-7 years....Koreans like to see a long term mindset. You have to mean it, though, as you may be presented with a long term contract and be expected to sign it. Learn as much hangul (Korean anphabet) as you can. Even if you can't understand very much, knowing the written language makes things a lot easier. Meet people here as much as you can. Many meetings and meals and drinking nights are needed to get things on track," said one expat in Seoul.

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What do I need to know before moving to Seoul?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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